Land Betterment Corporation Discusses Betterment Recycling - Its Tire Recycling Division
Company is transforming former coal mining sites into state-of-the-art tire recycling facilities
FISHERS, Ind., July 28, 2020 /3BL Media/ - Land Betterment Corporation (“Land Betterment” or the “Company”), an environmental solutions company fostering positive impact through upcycling former coal mining and industrial sites to create sustainable community development and job creation, is excited to discuss its tire recycling division, Betterment Recycling, in more detail.
Central Appalachia and rural Midwest communities are facing a growing number of environmental problems due to the decline in the thermal coal industry and the United States’ shift away from coal-based fuels. As the coal industry shrinks in this region, these environmental liabilities continue to grow at an accelerated pace. Also, because regulations never incentivized the industry to do the right thing and instead made it easy to defer environmental responsibilities, there is an enormous backlog of issues that are now falling to the responsibilities of states and taxpayers. One challenge facing the region is the overflow of waste tires and a lack of efficient disposition options.
The region needs a “shot in the arm” in terms of investment and efficient, innovative and sustainable solutions. Betterment Recycling aims to create such solutions by establishing a regional recycling hub for industrial and over-the-road (OTR) tires. Each Betterment Recycling facility is being engineered with the highest quality shredding technology to produce sustainable materials such as rubber mulch and tire derived aggregate (TDA), used in rubberized asphalt and concrete. These products go into making higher performing and more cost-efficient roads and construction materials.
Mark Jensen, Executive Chairman of Land Betterment Corporation commented, “Betterment Recycling is a very exciting and efficient pillar for us. The region is littered with old tires and providing the region access to a quality recycling option will greatly assist in the environmental cleanup of the region. Additionally, the facilities will produce products that are high-performing, cost efficient and eco-friendly while providing long-term, sustainable jobs that people want and match their skill set. It’s really a win-win-win opportunity!”
Currently, Land Betterment is developing two Betterment Recycling facilities in Kentucky and West Virginia. Combined, the facilities will create approximately 80 well-paying jobs to former coal miners and industrial workers.
To view the Betterment Recycling corporate presentation and to learn more, visit: https://uploads-ssl.webflow.com/5e383749121267b185cd6179/5f1f343e93945d9b1d599685_Betterment%20Recycling%20Presentation.pdf
About Land Betterment Corporation
Land Betterment Corporation, an Indiana Benefit Corporation and Pending B-Corp, is an environmental solutions company focused on fostering a positive impact through upcycling former coal mining sites to create sustainable community development and job creation. The Company utilizes a complete solution-based lifecycle program to restore and rehabilitate the environment and revitalize communities in need of change and opportunity. Land Betterment accomplishes this by identifying un-reclaimed, run-down and neglected coal mining sites, fixing the environment through reclamation and remediation, and then repurposing the land to support a sustainable business that serves the community. Land Betterment firmly believes that with real solutions it is possible for restoration of impacted areas to live side-by-side long term employment, while building sustainable and safe surroundings for communities and our planet. For more information visit landbetterment.com or connect with the Company on Facebook, Twitter, and LinkedIn.
Special Note Regarding Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the Company’s actual results, performance, or achievements or industry results to differ materially from any future results, performance, or achievements expressed or implied by these forward-looking statements. These statements are subject to a number of risks and uncertainties, many of which are beyond Land Betterment Corporation’s control. The words “believes”, “may”, “will”, “should”, “would”, “could”, “continue”, “seeks”, “anticipates”, “plans”, “expects”, “intends”, “estimates”, or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Any forward-looking statements included in this press release are made only as of the date of this release. The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances. The Company cannot assure you that the projected results or events will be achieved.
Company Contact:
Mark LaVerghetta
317.537.0492 ext. 0
Chief Governance Officer, Corporate Finance
info@landbetterment.com
