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Obsidian Capital buys rubber firm in Mississippi
- Article from:
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Indianapolis Business Journal
- Article date:
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June 4, 2001
- Author:
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Copyright informationCopyright IBJ Corporation Jun 04, 2001. Provided by ProQuest LLC. (Hide copyright information)
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Indianapolis-based Obsidian Capital Co. has bought U.S. Rubber Reclaiming Inc., a butyl rubber reclaimer in Vicksburg, Miss. Terms of the deal were not released.
U.S. Rubber is a major source of reclaimed butyl rubber internationally, and is a single-source reclaimed butyl rubber supplier to most of the U.S. tire industry.
Obsidian bought the company from former owner Beurt SerVass, a local businessman. Timothy S. Durham, managing member of Obsidian, will serve as chairman of U.S. Rubber.
"U.S. Rubber has had a long tenure ...