The Tirex Corporation

Industry: Tires & Rubber

Tirex is the manufacturer of a patented cryogenic tire recycling system (TCS-1) that produces crumb rubber for sale and is used in the development of RuCrThermTM advanced, proprietary rubber thermoplastic compounds. The loan guarantee program established by Investissements Quebec encourages banks to lend funds to companies that are expected to receive refundable tax credits, using the anticipated tax credits as receivables to collateralize the loans. During its last two completed fiscal years, Tirex has received tax credits ranging from approximately 25% to 30% of its total research and development expenditures ("total research and development expenditures" includes all research and development expenditures, even those deemed ineligible for tax
Site: www.tirexusa.com Relevant Companies:

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Company Tags:
Tires ;  Rubber ; 
Sell/Buy Offer Tags:
Tires;  Rubber;