Photo Credit: IntegriCo Composites
IntegriCo Composites (Sarepta, La., U.S.), a manufacturer of composite railway crossties and construction mats, announced on Feb. 11 a strategic expansion plan that includes entering two high-growth markets pipeline skids, and construction matting parts following a comprehensive review of key markets.
The expansion into new markets with strong growth potential reportedly builds on IntegriCo’s track record for manufacturing high-performance rail industry products that have a positive environmental impact. These new products will add to IntegriCo’s existing rail tie production, which mixes recycled landfill-bound plastic to create composite railroad ties. IntegriCo will continue to focus on driving sustainability solutions which includes over a decade of diverting and reusing approximately 80 million pounds of landfill bound plastics, to replace products that are traditionally made from wood with recycled plastics.
Recycled railroad tie maker IntegriCo gets new financing, management
IntegriCo Composites manufactures railroad ties from 100 percent recycled plastic.
Recycled railroad tie maker IntegriCo Composites Inc. is recapitalizing, making changes in the executive suite and entering new markets for pipeline skids and construction matting.
The Sarepta, La.-based company said in a Feb. 11 announcement that it was entering a strategic expansion after recapitalizing with affiliates of Purchase Capital LLC, an investment firm founded by the company s new executive chairman, Nicholas Singer, and with Acadia Wood Partners LLC.
The company declined to provide details about the recapitalization or about any capacity expansion, but it said the new products, like its railroad ties, are made with 100 percent recycled plastic.
President
Curt Gimmestad, vice president of industry engagement at Absher Construction Co., started with the company as a project engineer in 1993. Gimmestad has served the AGC in many capacities, including first vice president in 2019, an association trustee, and an instructor and executive board member for the Education Foundation. He also is a member of the Association for Learning Environments and the Capital Advisory Review Board’s Project Review Committee.
Stephens
First Vice President
Dawn Stephens is the CFO of Charter Construction, where she oversees financial processes and operations. Her career as a finance professional spans more than 25 years at several construction and real estate firms. In 2006, Stephens joined Harbor Properties as corporate controller and later became CFO. She is active in Commercial Real Estate Women, is past president of the Puget Sound Chapter of the Construction Financial Managers Association, and serves on several committees benefitin
âIt is more blessed to give than to receive.â
This well-known verse from the Bible is something many local residents have recently experienced. In fact, the spirit of giving during the holidays seems to have magnified in recent weeks in the Parkland. Many people have chosen to selflessly give back to their community, and many residents have graciously been on the receiving end of this generosity.
Bonne Terre Save A Lot was at the hub of this generosity around the Thanksgiving holiday. The store often does giveaways on its Facebook page and has weekly drawings where customers deposit their receipts in a designated spot in the store. But that storeâs generosity â led by Manager Clint Price and his hard-working staff â quickly spiraled into something amazing and inspiring.