Liberty Tire Recycling Announces Acquisition of Empire Tire and McGee Tire of Central Florida

Liberty Tire Recycling today announced the acquisition of "Empire Tire of Edgewater" in Orlando, Florida and "McGee Tire" located in Apopka, Florida. Liberty's acquisition of Empire and McGee?leading central-Florida scrap tire collectors, graders, and haulers?expands the company's already robust footprint in the state into the growing central Florida market. Liberty will build on the success of these two companies by bringing its industry-leading approach to collections, processing, and recycling of end-of-life tires.

"These are great companies who have served their clients and employees well. We are thrilled to continue their legacy of excellence," said Thomas Womble, CEO of Liberty Tire Recycling. "This is a real opportunity for Liberty and Central Florida to leverage our scale and financial position to expand operations, create new jobs, improve collections and recycling efforts, and provide sustainable solutions for end-of-life tires."

Empire Tire of Edgewater is the largest Orlando-area scrap tire collector and McGee Tire is an Orlando-area route collection business. Combined, these organizations bring decades of experience to the Central Florida scrap tire market. Empire Tire & Wheel retail stores will continue to operate under their existing ownership.

"My brother and I worked hard for over 20 years in this business. We'd worked with Liberty in the past and knew them to be good operators, but what really impressed me was their commitment to their employees." Jesse McGee, founder of McGee Tire. "They really care about the people like we do."

Liberty's acquisition positions it to handle additional collections, and processing capacity in the rapidly growing Florida market and more efficiently move end-of-life tire materials into higher value markets. America's scrap tire generation closely mirrors its population, with an estimated one million scrap tires generated annually for every million people. This is a growing challenge for Central Florida where the population is growing at more than 25% each decade.

"Adding Empire and McGee to the Liberty team has created a truly world-class operation here in Florida." said David Cannon, Regional Vice President of Liberty. "We are going to be able to keep hundreds of thousands of tires out of Florida landfills each year by finding more opportunities for reuse and recycling, all while optimizing our route collections and customer service."

Liberty is a full-service tire collection, processing, and manufacturing company. Each year, all types of tires are collected from more than 36,700 retail locations across North America and processed at one of their 54 locations throughout the United States and western Canada. Over the last decade, more than 1.56 billion tires have been collected by Liberty and the company is continually developing new partnerships to expand its recycling efforts.

Through reclamation and recycling efforts, Liberty repurposes end-of-life tires into useful, inventive products for both the commercial and retail sectors. Utilizing recycled rubber, Liberty manufactures more than 100 products sold in North America at more than 10,000 retail and commercial locations, including every major home improvement retailer.

About Liberty Tire Recycling

Liberty Tire Recycling is committed to partnering with industry leaders to help inspire a more sustainable planet. We are continuously striving to find new and better ways to reclaim, recycle, reuse and repurpose the more than 195 million end-of-life tires we collect for renewable solutions that benefit the long-term health of the world we live in. As the market leader in tire recycling management in North America, reclaiming more than 4.3 billion pounds of rubber each year, our passion is to make the world a better place to live for generations to come by boldly changing the way the industry approaches sustainability.