Edge Rubber gets $4 million federal stimulus loan

ERJ staff report (TB)

Chambersburg, Pennsylvania -- Tire recycler Edge Rubber L.L.C. is getting $4 million in loan guarantees through the American Recovery and Reinvestment Act, according to the U.S. Department of Agriculture.

Edge Rubber is one of 128 rural businesses receiving $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 immediately be reached for comment on the stimulus loan guarantees.

From Tire Business (A Crain publication)