Empire State Development today announced a $2.36 million investment in six technology research projects that will increase the reuse, retreading, and recycling of end-of-life tires generated in New York State. ESD’s investment includes $1.4 million in state funding through the NYS Waste Tire Program, which is managed by the REMADE Institute®. REMADE was selected to develop and administer the program in 2025 on behalf of ESD.
ESD President, CEO and Commissioner Hope Knight said, "New York is turning an environmental challenge into an economic opportunity. Through the NYS Waste Tire Program and our partnership with REMADE, we are supporting innovative technologies that reuse, remanufacture and recycle waste tires—advancing circular economy solutions while helping grow New York’s clean technology and advanced manufacturing sectors.”
REMADE CEO Nabil Nasr said, "These projects seek to not only address the challenges associated with these waste tires, but to develop innovative technologies to increase their reuse, remanufacturing and recycling and creating economic value to New York State. The NYS Waste Tire Program is a major step in the right direction and has the potential to be an example for other states to follow. With this program and more, the Empire State is quickly emerging as a Circular Economy leader here in the United States."