Garb Oil, USA Recycling Industries form JV for scrap tire recycling

SALT LAKE CITY (Scrap Monster): Garb Oil & Power Corporation and USA Recycling Industries, Inc. (OTC NASDAQ: USRI-PK), have signed a Definitive Agreement to form a Joint Venture operation in North America, which will operate under the trade name "USA Recycled Tires, LLC", on a fifty-fifty basis.

USA Recycling Industries will provide access to its national auto service center chain store customer locations to establish the collection & processing of scrap used tires for recycling purposes, availability of its warehousing facilities & provides access to international consumers of recycled rubber and steel through its majority-owned export operations.

Garb is to provide the Joint Venture operation with technology for its warehousing facility at cost, know-how and expertise in tire recycling. Garb CEO John Rossi stated, "This Joint Venture catapults Garb into North America's automotive recycling industry providing direct access to many of America's top auto service center operations."

USA Recycling Industries CEO Vincent J. Smith added, "We envision that our Joint Venture through the formation of USA Recycled Tires, LLC will change the way tires are collected, processed & recycled in North America resulting in a more environmentally friendly automotive recycling solution."  

Garb Oil & Power Corporation is a company dedicated to the application of ClosedCycle(TM) principle and NoWaste(TM) residue. The company has plants for Rubber Recycling, EWaste and E-Scrap Recycling and Waste to Energy processing.

USA Recycling Industries, Inc. formerly known as Voyager Petroleum, Inc. is a publically traded mid-market scrap metal recycler servicing commercial & industrial customers throughout North America.