Friday, February 17, 2012

Koppers awarded crosstie order to South America

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Koppers Inc. received a purchase order to supply treated crossties to Vale in South America. The estimated revenues from the order are $9-$11 million, and the order is expected to be completed during 2012.

Walt Turner, president and CEO of Koppers, said, "This is exciting news for Koppers as we continue to expand our railroad products and services into the global market. We are optimistic that this new business in Brazil will evolve into a long-term relationship with Vale, as well as other emerging countries in South America."

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