Entitled "Plastic Railroad Ties: Growing Market for Alternative Materials," the white paper details the railroad tie industry and the massive amounts of capital expenditures the railroads must outlay to maintain and replace deteriorated railroad ties over the nation's extensive network of track, which tops over 140,490 miles.
From the white paper, "The U.S. railroad industry spent well over $8 billion on infrastructure projects in 2006. Replacing worn out railroad ties is one of the industry's biggest ongoing expenses. Railroads have traditionally relied on using wood ties, but plastic railroad ties, using the latest in plastic technology, offer advantages of lower long-term operating costs and several environmental benefits."
Axion International's technology, which was developed in conjunction with scientists at Rutgers University, has resulted in 100-percent recycled plastic materials that are the first known structural products of their kind that can support heavy loads. These structural building materials can be utilized in a number of industrial applications, including railway infrastructure.
A link to the white paper is available on the SmallcapInsights.com website: http://www.smallcapinsights.com.