C3RS, a recycler of waste tires, will invest $4 million to open a facility in Louisa County, creating 35 new jobs. The company, which also will be headquartered in Louisa, will acquire waste tires, grind and shred them into rubber crumb and sell the recycled material to users of rubber, steel and fiber material.
"C3RS will be a great fit for Louisa County," said Gov. Timothy M. Kaine in making the announcement. "The County had developed land in the industrial park which provided an advantage, as it met the company's immediate needs. The rail line in Louisa allows for long-term logistics flexibility."
"Louisa County was the clear choice for our company because of its central location in Virginia and proximity to Richmond, Charlottesville and Washington D.C.," said Chad Koslow, CEO of C3RS.
Kaine approved a $65,000 grant from the Governor's Opportunity Fund to assist Louisa County with the project. The Virginia Department of Business Assistance will provide training assistance through the Virginia Jobs Investment Program.