Minneapolis, MN (PRWEB) February 02, 2012
Rubber Research Inc and its parent company, Rubber Research Group, Ltd., have announced recent negotiations for the potential acquisition of Advance Rubber Co., Inc. of Minneapolis, Minnesota, a private company showing previous revenues exceeding $1 million annually. Advance Rubber Co, Inc. has been in business since 1946 and is a pioneer in the manufacturing and service industry by producing rubber by-products.
The addition of Advance Rubber Co Inc would further propel RRI's position in the market place as the new leader in the manufacturing & supplier of additional and various rubber products such as but not limited to, rubber gaskets & o-rings, as well as a myriad of rubber fittings for different industries.
About Rubber Resarch:As a consortium of the top tire recycling companies in the world, Rubber Research Group has a wide network of production facilities on 3 continents. This Industry will see a tremendous amount of pressure from local governments over the next several years to get these tires out of the landfills and into more beneficial uses. Rubber Research Group has invested heavily in the Civil Engineering markets as well as the Ground Rubber Markets to be in a prime position to profit in the arenas where the industry will see the largest area of growth.