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Axion International Announces $250,000 Order with Trinity Railway Express (TRE)
6 years, 1 month ago Posted in: Industry News 1

TRE Chooses Axion’s 100% Recycled Plastic Crossties as a Substitute for Traditional Wood Ties for Use on the Newly Constructed Beltline Overpass

05/23/11–NEW PROVIDENCE, N.J.–(BUSINESS WIRE)–Axion International (OTCBB: AXIH), a leading producer of industrial building products and railroad ties made from 100% recycled plastic, announced that it has received an order to supply $250,000 worth of its proprietary Recycled Structural Composite (RSC) crossties to Dallas Area Rapid Transit (DART) for use in the Trinity Railway Express (TRE) that connects Dallas and Fort Worth.

Axion is servicing the contract through Herzog Transit Services, which operates the TRE line. As part of the initial order, Axion will deliver approximately $250,000 worth of its RSC crossties to replace traditional wood ties. Axion’s RSC is an ideal wood substitute for railway crossties. Not only is Axion’s RSC impervious to rot, insect damage and mold, it is also expected to last for decades due to its proprietary design and construction from 100% recycled plastic.

This is a photo of a Trinity Railway Express t...

Image via Wikipedia

Axion’s ties will be utilized on a two mile long bridge called the Beltline Overpass. Due to the high cost of having to replace ties on bridges, Axion’s ties were chosen by the TRE due to their strength and longevity, which should significantly lower the maintenance and replacement costs over the life of the bridge.

“Axion’s RSC is an ideal substitute for traditional wood ties across the Beltline Overpass,” said Steve Silverman, Axion’s President and Chief Executive Officer. “Using ou

r patented material, designed from 100% recycled plastic, TRE will not only be able to save on maintenance costs going forward, it will divert thousands of pounds of plastic waste that would normally be headed for landfills, while simultaneously investing in a superior crosstie that is expected to last longer than those currently in use. We would like to thank our partners for adopting our technology in their commuter rail system.”

Named after the Trinity River, which flows between Dallas and Fort Worth, the TRE (“Trinity Railway Express”) commuter rail line was created by an inter-local agreement between DART and the Fort Worth Transit Authority (“The T”). The line connects downtown Dallas with downtown Fort Worth and is the 14th most-ridden commuter rail system in the country. Annual ridership on the TRE exceeds 2.5 million individuals.

Mr. Silverman added, “Now with our product being utilized in a key section of the TRE commuter rail line, we look forward to meeting any of DART’s other future public transportation needs as we continue to demonstrate the real-world applications of our RSC technology, including its superior strength and long-life characteristics.”

Developed in conjunction with Rutgers University’s Materials Sciences and Engineering Department, Axion’s RSC is inert and contains no toxic materials. It is impervious to insect infestation, will not leach toxic chemicals nor warp. Because it is lighter than traditional materials, transporting RSC is less expensive and reduces energy costs. In addition, RSC is completely recyclable at the end of its functional life.

About Axion International

Axion International is a leading structural solution provider of cost-effective alternative infrastructure and building products. The Company’s “green” proprietary technologies allow for the development and manufacture of innovative structural products made from 100% recycled consumer and industrial plastics. Axion’s up-cycled products are an economic and sustainable alternative to traditional building materials such as wood, steel or concrete. Developed in collaboration with scientists at Rutgers University, Axion’s patented technologies allow for products that are extremely strong, durable, flexible in design, and low maintenance.

For additional information, please visit Axion’s corporate website:

www.axionintl.com

Forward-Looking Statements

This release contains “forward-looking statements” for purposes of the Securities and Exchange Commission’s “safe harbor” provisions under the Private Securities Litigation Reform Act of 1995 and Rule 3b-6 under the Securities Exchange Act of 1934. These forward-looking statements are subject to various risks and uncertainties that could cause Axion’s actual results to differ materially from those currently anticipated, including the risk factors identified in Axion’s filings with the Securities and Exchange Commission.

Contacts

Financial Communications:
Trilogy Capital Partners
Darren Minton, President
Toll-free: 800-592-6067
info@trilogy-capital.com
or
PR Financial Marketing LLC
Jim Blackman, 713-256-0369
jim@prfmonline.com
or
Media Relations:
Sean Mahoney, 310-867-0670
seamah@gmail.com

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One Response

  1. […] Axion International Announces $250,000 Order with Trinity Railway Express (TRE) (compositology.com) 05/28/2011 […]

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