NEWS

Tech’s TBDC assists with USDA grant

Sep 29, 2011 | General News

Louisiana Tech’s Technology Business Development Center recently assisted a north Louisiana business in obtaining a United States Department of Agriculture grant.
Winnsboro Rubber Recycling received $70,075 from the USDA as part of the Renewable Energy for America Program. The grant will be used to install a new shredder at the recycling plant.
Elton Williams, technical director of the recycling plant, said Tech’s TBDC was instrumental in helping the business receive the grant.
“The Technology Business Development Center’s assistance through the rural energy program was vital in Winnsboro rubber receiving a USDA energy grant.,” Williams said. “Winnsboro Rubber Recycling has been awarded slightly more than $70,000 from the USDA to help with the purchase of a new high efficiency tire shredder.  The new shredder is giving us around a 65 percent savings in our energy cost and is allowing us to process more tires in less days.”
Larry Lambiotte, owner of PolyVulc, which is the parent company of Winnsboro Rubber Recycling, added that the grant will allow the Winnsboro business to grow and add additional employees.
Small businesses and agricultural producers in rural areas that are interested in applying for a grant or guaranteed loan from the USDA’s REAP, may contact Kathy Wyatt, TBDC director, at 318-257-3537.