Geocycle acquires CM Rubber Technologies

Geocycle LLC, wholly owned subsidiary of Chicago-based Holcim (US) Inc., has acquired CM Rubber Technologies, Coleman, Michigan. According to Geocycle, CM Rubber Technologies is the largest tire recycler in northern Michigan. CM Rubber Technologies has 21 acres of land, industrial buildings, processing equipment, mobile equipment and a fleet of trucks and trailers at its site in Coleman. The company employs 13 people who will transition to work for Geocycle.

According to Geocycle, this acquisition will help the company to provide sustainable waste management solutions in northern Michigan through co-processing used tires to recover energy and divert waste from landfills. The acquisition of CM Rubber Technologies also will help to deliver a stable source of lower emission fuels for Geocycle’s cement plant in Alpena, Michigan, which broke ground on a 22,000-ton-per-year whole-tire co-processing line. By early 2023, the Alpena plant will co-process tires from the Geocycle Coleman facility.

“Geocycle works relentlessly to drive for a zero-waste future, and the acquisition of CM Rubber Technologies Inc., to the Geocycle U.S. team only strengthens this commitment,” says Sophie Wu, head of Geocycle North America. “We welcome CM Rubber Technologies employees who are critical to helping us offer a sustainable solution to the local tire recycling industry.”