Jim MacMaster, former executive vice president and chief operating officer of Yokohama Tires, died June 14. He was 75. MacMaster had a 39-year career in the tire industry, including 30 with Yokohama. He retired from the company in 2010.
Jim MacMaster, former executive vice president and chief operating officer of Yokohama Tires, died June 14. He was 75. MacMaster had a 39-year career in the tire industry, including 30 with Yokohama. He retired from the company in 2010.
Waste tires ready for processing. Photo courtesy of Ecore
Ventures focused on circular economy advances haven’t historically represented a sexy funding category, but December and early January brought the closing of two high-profile investment infusions: $55 million for AMP Robotics, which is using artificial intelligence to reinvent recycling infrastructure, and $25 million for TerraCycle’s Loop venture, which combines e-commerce with reusable containers.
Indeed, if you poke deeper into developments during the long and winding road that was 2020, it appears more investors are becoming willing to kick the tires (so to speak) when it comes to companies focused on turning someone else’s waste into a saleable product that keeps said waste from winding up in a landfill.