AXION Receives $925,000 Order for 100% Composite ECOTRAX® Rail Ties
Major Domestic Transit line purchases AXION ECOTRAX for annual tie maintenance
to replace rotted wood rail ties
NEW PROVIDENCE, N.J., Dec. 30, 2013
NEW PROVIDENCE, N.J., Dec. 30, 2013 /PRNewswire/ --AXION International
Holdings, Inc. (OTCQB: AXIH), a leader in recycled plastic and plastic
composite technologies used to produce ECOTRAX® rail ties and STRUXURE®
building products, today announced that a major domestic transit line located
in the South Central region, has issued a purchase order for $925,000 of
AXION's ECOTRAX® composite rail ties made with 100% recycled plastic and
ECOTRAX® composite rail ties were chosen by the existing customer to be used
for an annual spot replacement of rotted wooden ties. The decision to continue
the purchase and use of ECOTRAX® was a result of proven durability, time
efficiency, and lifecycle cost savings over traditional ties, particularly in
the various climates of the South Central region. The purchase order will be
issued to support two install projects, with the second phase purchase order
to be finalized by the first week of January.
"We continue to demonstrate that ECOTRAX® delivers great value to our
customers and the rail industry," stated Cory Burdick, AXION's ECOTRAX® Sales
Manager. "Rail operators are actively seeking alternatives to address the
increasingly expensive maintenance and replacement issues associated with
wooden ties and ECOTRAX® provides them with a solution on a global scale.
Over the last two years, we have expanded our business worldwide and continue
to produce a very consistent quality product which is being recognized by both
existing and new customers."
About AXION International Holdings, Inc.
AXION (OTCQB: AXIH) is a vertically-integrated green technology company, and a
leader in transforming waste plastics into structural building materials and
value added reprocessed plastic resins. From the railroading industry to the
military to global engineering firms, AXION delivers tested, proven and
superior green solutions to infrastructure needs around the world. The
Company's subsidiary, AXION Recycled Plastics Inc., recycles post-consumer and
post-industrial plastics. Using these 100%-recycled consumer and industrial
plastics, AXION develops, markets and sells its recycled structural composite
products through its ECOTRAX® composite rail tie and STRUXURE® building
material lines. www.AXIH.com
This release contains "forward-looking statements" for purposes of the
Securities and Exchange Commission's "safe harbor" provisions under the
Private Securities Litigation Reform Act of 1995 and Rule 3b-6 under the
Securities Exchange Act of 1934. These forward-looking statements are subject
to various risks and uncertainties that could cause AXION's actual results to
differ materially from those currently anticipated, including the availability
of materials at favorable pricing, sufficient manufacturing capability and the
risk factors identified in AXION's filings with the Securities and Exchange
SOURCE AXION International Holdings, Inc.
Contact: AXION Investor and Media Relations, Andrew Haag, Managing Partner,
IRTH Communications, email@example.com, 1-866-976-4784
Press spacebar to pause and continue. Press esc to stop.