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Microcap & Penny Stocks : Axion

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From: Paul Lee3/27/2012 1:58:43 PM
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Axion International Secures First Order from One of Brazil’s Biggest Railroad Lines Newly purchased ties are intended to replace shorter life-span eucalyptus ties

NEW PROVIDENCE, N.J.--(BUSINESS WIRE)--




Axion International Holdings, Inc. (OTCBB: AXIH), a leader in recycled plastic and plastic composite technologies used to produce ECOTRAX™ rail ties and STRUXURE™ building products, today announced the company’s first purchase order being shipped to Brazil. The order comes from one of the nation’s largest rail lines and is anticipated to be the first of many. The nearly $200,000 purchase order for ties is intended for some of Brazil’s more challenging track conditions including extreme moisture, as well as difficult work areas such as tunnels and mountainous regions. The ECOTRAX™ ties will be replacing shorter life-span-wooden ties cut from eucalyptus trees.

“We’re very encouraged to be dealing with such an established Brazilian freight rail line and believe that it’s indicative of the progress we are making in South America and representative of the need for a high performance tie in various international markets,” stated Cory Burdick, Axion’s ECOTRAX™ Rail Division Sales Manager. “Rail lines around the world are continuing to seek alternatives for the challenges of finding quality wood rail ties. Axion’s ties are perfectly suited to harsh environments and they’re increasingly finding favor because of their ability to withstand even the most volatile weather conditions and insect infested areas. We’re pleased to find that these markets are expanding for us and we intend to explore additional opportunities for growth.”

Axion’s ECOTRAX™ ties are engineered using the company’s patented 100% recycled formula. ECOTRAX™ ties have helped divert millions of pounds of plastic bottles and waste into useful products that will last decades. Because ECOTRAX™ ties are extremely strong, durable and low maintenance they are an excellent, cost-effective alternative to traditional materials.
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