LYNNFIELD, Mass. (July 28)—Tire recycler GreenMan Technologies Inc. has acquired American Tire Disposal Inc., a Southern California-based scrap tire collector and marketer, for an undisclosed sum.
"We've bought their book of business and transportation arm," said Chuck Coppa, GreenMan CFO. "With this acquisition, we now have new geographic markets and customer accounts we didn't have previously."
These markets should add more than $1 million annually to GreenMan's revenue, Coppa added.