Tuesday, July 01, 2014

Axion awarded fifth European contract for ties

Axion International Holdings, Inc., has received its fifth purchase order for ECOTRAX® rail ties to be shipped to Europe.

 

ECOTRAX crossties have been installed in the following applications for in-track testing applications: mainline, switch, curve and tunnel and the company says they have performed well and it anticipates receiving repeat and new orders due to the positive feedback received from customers.

"Europe represents a pipeline of significant opportunities for Axion and this order demonstrates our continued penetration into the market," said Steve Silverman, president and chief executive officer.

Axion currently sells its ECOTRAX rail ties to multiple domestic and international transit and freight railroads including a domestic Class 1 contract and a trial with a second Class 1.

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