CHAMBERSBURG, Pa. (Jan. 19, 2010)—Tire recycler Edge Rubber L.L.C. is getting $4 million in loan guarantees through the American Recovery and Reinvestment Act, according to a press release from the U.S. Department of Agriculture.
Edge Rubber is one of 128 rural businesses receiving a total of $449 million in loan assistance through federal stimulus funding, Agriculture Secretary Tom Vilsack announced.
Based in Chambersburg, Edge Rubber has provided more than 700 million pounds of fine recycled rubber powders to automotive, adhesive and specialty chemical businesses worldwide, according to its Web site. Officials of Edge Rubber could not be reached for comment.