Axion International Holdings, Inc., has received a new purchase order of $890,000 for ECOTRAX® rail ties to be shipped to a large multi-national industrial company.
The purchase order for ECOTRAX standard size rail ties and switch ties will be installed on a self-managed rail siding. Axion is set to ship more than 50 sea containers to international customers in the 2nd and 3rd quarter of this year.
“We are very excited to add another client to our growing portfolio of customers as we continue to develop a very solid and growing pipeline,” said Steve Silverman, president and chief executive officer of Axion. “We continue to focus our sales and marketing resources against opportunities where we solve problems and deliver a solid return on investment for our customers. We anticipate continued growth internationally and domestically for the remainder of this year. We have been working on some of these projects for two to three years and it is exciting to see them close as scheduled.”