Lead Innovation Corporation (LEIC)

[momoneynow]

DRAG: HITECH create 45 jobs and spend about $2 million to reclaim large-equipment tires and return them to their component ingredients.RDH Tire and Retread Co., located in Cleveland, and Missouri-based Hitec LLC created a joint venture in April 2008 called RDH Environmental.

Ragan says he’s found a customer for the steel and oil. And he will use the carbon black to make retreads at RDH Tire.


Ragan and Buhr say they didn’t seeking financing help for the initial stage of RDH Environmental. Local and state incentives will be sought as the company adds more production lines in Cleveland, Buhr says.

http://www.rowanworks.com/News/Tire-company-makes-the-most-of-used-tires.aspx