Class I places order for new recycled plastic tie
Written by William C. Vantuono, Editor-in-ChiefAxion International announced Wednesday that “one of the largest railroads in North America has placed the first purchase order, under a letter of intent for the ongoing purchase of Recycled Structural Composite (RSC) railroad ties.”
“We’re thrilled to receive this initial order from such a respected customer,” said Jim Kerstein, Axion CEO. “Without question this is further validation that the Class I railroad market is looking for longer-lasting, more long-term economical alternatives to wood and concrete.
Per the Association of American Railroads “the U.S. rail industry spent $7.7 billion dollars on maintaining roadway and structures in 2008,” said Kerstein. “That number is increasing annually and we believe suppliers, like Axion, who deliver more durable, environmentally friendly products with a lower cost of lifetime ownership will increase their share of that pie.”