Vicksburg rubber company seeks buyer

A Vicksburg scrap rubber company is looking for a buyer.

U.S. Rubber Reclaiming Inc. announced it has retained Equity Partners Inc. to find a buyer for its rubber and mulch reclaiming business.

The scrap company owns 12 acres just south of Vicksburg where it has roughly 87,000 square feet divided between two plants. The company's existing management team wants to continue operations with a new owner or management partner.

"We continue to feel there is a very good business opportunity in converting this material into a high quality, 100 percent wire free mulch product," USSR President Don LaGrone said in a news release.

Based in Easton, Md., Equity Partners provides investment banking services for companies dealing with financial distress, special financing needs and partnership disputes.

(clarionledger.com)