Evertrak Partners With SCOA to Boost Railroad Tie Production
Written by Jennifer McLawhorn, Managing Editor
Courtesy of Evertrak
ST. LOUIS, Mo. - Evertrak has partnered with Sumitomo Corporation of Americas (SCOA). This partnership includes the SCOA investing in Evertrak and allows Evertrak to expand its production capabilities and scale operations.
Due to this partnership, Evertrak states it “will be address the North American railroad market’s increasing demand for sustainable rail infrastructure.” Further, the partnership focuses on increasing product development to increase sustainable solutions and improve costs, expanding production capabilities, advancing sustainable practices, and enhancing infrastructure safety. Evertrak’s proprietary product is the Evertrak 7000, made with Glass Fiber Reinforced Polymer (GFRP) from recycled plastic.
“Evertrak glass fiber reinforced polymer composite railroad ties are engineered to deliver value, safety and sustainability for the railroad industry,” said Tim Noonan, founder and CEO, Evertrak. “By joining forces with Sumitomo, whose mission of enriching lives and sustaining the future aligns perfectly with our vision, we’re positioned to create lasting impact in the North American railroad industry.”
“Evertrak is creating a brand-new category of railroad ties that are capable of withstanding both the long-term operational and environmental challenges in the high decay zones of North America and beyond,” said Takamitsu Munakata, General Manager of the Metal Products for Transportation Dept, SCOA. “This partnership reflects our commitment to investing in solutions that address generational challenges, while creating sustainable value for the industry.”
