Franklin County startup company turning tires into energy looking to grow

PRTI leaders said the company is ready to expand beyond Franklin County, hoping to eventually grow to 800 facilities worldwide.
Posted 10/4/2022, 11:54:00 PM Updated 1/19/2023, 1:54:32 AM

NEWS COVERAGE YOU CAN COUNT ON.

>> START UP COMPANY. THAT TURNS

TIRES, TIRES INTO CLEAN ENERGY

IS LOOKING TO EXPAND FROM

FRANKLIN COUNTY REALLY AROUND

THE WORLD. WRAL'S KEENAN,

WILLARD SHOWS US HOW THE

GOVERNOR SAYS P R T I COULD

BE PART OF THE FUTURE OF

SUSTAINABLE GROWTH IN NORTH

CAROLINA.

THEY MAY LOOK ALMOST LIKE A

JUNKYARD, BUT THIS PILE OF

HUNDREDS OF TIRES IS ACTUALLY

FUELING ONE OF THE MOST

HIGH-TECH INDUSTRIES IN THE

STATE.

>> IT STARTED HERE IN FRANKLIN

COUNTY, BUT IT'S ABOUT TO GET

MUCH BIGGER US. ONE SOUTH OF

FRANKLINTON GOVERNOR COOPER

TOWARD A RECYCLING PLANT TODAY.

IT'S AN UNLIKELY PLACE TO FIND

A PROCESS THAT'S NEVER BEEN

DONE IN THIS COUNTRY BEFORE.

NOT ONLY ARE WE WORKING TO

SOLVE THE PROBLEM OF ICE TIME

AS WE TAKE THAT FURTHER IN

TIME, THE THAT TIES INTO POWER,

A PRT, I SAYS THEY'VE CREATED A

TECHNOLOGY CALLED THERMAL.

THE MANUFACTURER TAKES RUBBER

TIRES AND CONVERTS THEM INTO

OIL. CARBON STEEL AND ENERGY

WITH 0 WASTE CREATED IN THE

PAST 5 YEARS. PRT ICE IS THE

FIRST CYCLE. MORE THAN

15 MILLION POUNDS OF TIRES

HERE. AND THIS COMPANY, I

THINK, HAS FOUND A SECRET.

>> THAT THEY TAKE THESE THEY

USE THEIR PROCESS

AND PRODUCE BY PRODUCTS OF

STEEL AND ENERGY IN ORDER TO

RUN THEIR OWN DATA SYSTEM.

>> PRT, I IS USING THE ENERGY

FROM THESE TIRES TO POWER A

BLOCK CHAIN COMPUTING PLAN.

THEY ALSO SAY THEY'RE READY

TO EXPAND BEYOND FRANKLIN

COUNTY, HOPING TO GROW TO 800

FACILITIES WORLDWIDE. THEY PLAN

TO START WITH 4 MORE LOCATIONS

IN NORTH CAROLINA, CREATING AT

LEAST 150 JOBS IN TERMS

INVESTMENT. YOU KNOW, THAT'S

>> HUNDREDS OF MILLIONS OF

DOLLARS. BUT IT'S A SIGNIFICANT

INVESTMENT IN SOLVING THE

PROBLEM WITH THAT, WE WILL BE

EXITING EVERY TIME WE CHANGE

TIRES AS THE STATE CONTINUES TO

SEE RAPID GROWTH. THE GOVERNOR

SAYS PRT, I COULD HELP NORTH

CAROLINA ON THE ROAD TO

SUSTAINABILITY. WHEN YOU THINK

ABOUT MAYBE.

>> 10 YEARS FROM NOW, MAYBE

5 YEARS FROM WHEN THIS BUSINESS

IS GOING STRONG.

>> AND MAKING SUCH A POSITIVE

IMPACT. WE CAN SAY THAT IT

STARTED IN FRANKLIN COUNTY,