The Ameritread purchase follows Ecore's April acquisition of 360 Tire Recycling Group, also a leading tire recycling management company, strengthening the company's portfolio of sustainable solutions.
360 Tire Recycling Group's nearly 80 employees all have transferred to the Ecore 360 division.
All three facilities formerly owned by 360 Tire Recycling Group are part of the acquisition as well, Dodge said following the purchase.
They include facilities in Caddo Mills and Mexia, Texas, and a recycling plant in Greenville, Texas.
360 Tire Recycling Group has been a provider and recycler in the truck stop and retreading industry since 2009, while building a dedicated expertise in end-of-life tire sourcing and handling.
Now under the Ecore 360 brand, the company focuses on multiple touch points, including scrap tire rehauling and processing, buffing collection, and casing and used tire sales.
The end goal is to provide customers with a sustainable, circular process for converting reclaimed rubber.
The former 360 Tire Recycling Group brings significant logistics experience and direct logistics knowledge to Ecore, as it owns 630 trailers and more than 30 semi-trucks, covering a 10-state region of the Southeast U.S.
Additionally, the 360 team provides full maintenance for vehicles and related machinery.
Separately, Ecore on Sept. 22 received a $10 million tax credit from UB Community Development L.L.C., a community development partner of United Bank in Ozark, Ala.
The new market credit will allow Ecore to refurbish a 225,000-sq.-ft. brownfield site that eventually will house both recycling and manufacturing operations.
"Recycling is up and running now," Lechner said. "We are installing the flooring production equipment and eventually will have manufacturing there as well."
The Ozark location will source used truck tires from various collection points throughout the surrounding area, then process the tires through the facility as raw material.
Ozark also will be the distribution point for material manufactured there and elsewhere for customers in the Southern portion of the U.S.