TORONTO-National Rubber Co. Inc., a Toronto-based recycled rubber products maker, is negotiating to buy Baker Rubber Inc. of South Bend, Ind., North America's largest producer of crumb-rubber according to TIRE BUSINESS' 1995 rankings. National President Ted Pattenden would not release details of the possible sale until it's completed but did say Baker Rubber would be a ``good fit'' for his company.
``We're looking to expand that part of our business,'' he said.
National Rubber operates three facilities in Toronto and posted more than $43 million in sales last year, Mr. Pattenden said.
Two of the units use recycled rubber from the third unit to make automotive parts, playground surfaces and other consumer and industrial products. A fourth facility, a tire recycling plant in Flat Rock, Mich., will soon begin production.
Baker Rubber has three U.S. plants and last year entered a South Bend-based joint venture with STI-K Polymers America Inc. to recycle approximately 1.6 million tires per year.