J & R Used Tire Service Opens Newport, Indiana, Plant
11/21/2018
The company is investing $2.15 million to establish and grow its operations in Indiana, constructing and equipping a 23,000-square-foot facility at the Vermillion Rise Mega Park.
The facility, which is now complete, is slated to begin operations in the first quarter of 2019, shredding up to 350,000 passenger tires each month for various uses, including alternative daily coverage for landfills and tire derived fuel for cement kilns. The company will provide all used tire feedback for Pryrolyx AG’s new Terre Haute operation, which is currently under construction and will extract carbon black, oil and metal from shredded tires to produce raw materials for the rubber and plastics industries.
“Indiana’s business climate and the value provided by the site at Vermillion Rise Mega Park created the perfect location for this new facility,” said Janie and Rodney ("J & R") Rogers, owners of J & R Used Tire Service. “We are grateful for the support of the state and the local community, as well as for FBi Buildings, an Indiana company, that brought this new facility to life.”
The IEDC offered J & R Used Tire Service up to $300,000 in conditional tax credits based on the company's job creation plans. These tax credits are performance-based, meaning until Hoosiers are hired, the company is not eligible to claim incentives. The Vermillion Rise Mega Park, a 7,000-acre industrial facility in west central Indiana, offered additional incentives.
"With this new facility, J & R Used Tire Service is joining a network of 500,000 small businesses in Indiana that are helping propel our economy forward while providing quality jobs for Hoosiers," said Elaine Bedel, President of the Indiana Economic Development Corporation (IEDC). "The Vermillion Rise Mega Park first served as a critical U.S. defense facility and now, thanks to its creative reuse, this industrial park is prime for attracting job growth and new companies like J & R Used Tire Service to Indiana."
“With J & R Used Tire Service’s move to Indiana, the company will be adding new jobs here in Vermillion County, which is a welcome addition to the Indiana county with the highest unemployment rate,” said Jack Fenoglio, Chairman of the Vermillion Rise Mega Park.
Project Announcements
Amgen Expands New Albany, Ohio, Manufacturing Operations
04/28/2025
United Kingdom-Based Balmoral Tanks Plans Mentor, Ohio, Operations
04/28/2025
E & E Hardwoods Expands Bell County, Kentucky, Saw Mill Operations
04/27/2025
Aegis Sortation Expands Louisville, Kentucky, Operations
04/26/2025
Process Machinery Expands Shelby County, Kentucky, Production Operations
04/26/2025
HL Mechatronics Expands Williams Township, Michigan, Operations
04/26/2025
Most Read
-
Run a Job Task Analysis
Q4 2024
-
The Location Economics of Advanced Nuclear
Q1 2025
-
39th Annual Corporate & 21st Annual Consultants Surveys: What Business Leaders and Consultants Are Saying About Site Selection
Q1 2025
-
NEW NIMBYism: A Threat to The U.S. Economy
Q4 2024
-
Power, Policy, and Site Selection in 2025
Q1 2025
-
Why Workforce Readiness Can’t Wait
Q1 2025
-
Forging Solid Foundations
Q1 2025