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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.
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