AXION Secures Additional Purchase Order For 100% Recycled STRUXURE® Heavy Construction Mats
Company receives purchase order for 650 mats through North American distributor SPARTAN MAT, Inc. and will be showcased at CONEXPO-CON/AGG 2014
NEW PROVIDENCE, N.J., March 4, 2014 /PRNewswire/ — AXION International Holdings, Inc. (OTCQB:AXIH), a leader in recycled plastic and plastic composite technologies used to produce ECOTRAX® rail ties/sleepers and STRUXURE® building products, today secured an additional order for AXION’s 100% Recycled STRUXURE® Heavy Construction Mats through SPARTAN MAT, Inc. This order consists of 650 of the Company’s 45″ x 8′ mats and will be distributed across the U.S. and Canada to be used as field supports including temporary energy units and crane outrigger pads in wet conditions.
Additionally, SPARTAN MAT, Inc. will display AXION’s Recycled STRUXURE® Heavy Construction Mats at the CONEXPO-CON/AGG 2014, held on March 4-8, 2014 in Las Vegas.
“SPARTAN MAT, Inc. is extremely pleased with the performance of the STRUXURE® composite mats,” comments SPARTAN MAT, Inc. owner Justin Thelin. “We have heavily invested in STRUXURE® mats because of their high-quality performance, longevity, strength to weight ratio and dramatic cost savings over the years. We will exclusively showcase AXION’s STRUXURE® mats at the CONEXPO-CON/AGG 2014 in Vegas for all to touch and see in person, and we highly recommend a personal booth visit to further discuss STRUXURE ® mats’ capabilities. As the owner of SPARTAN MAT, Inc. with over 15 years of matting experience, I will personally be at the show to discuss the many advantages of the STRUXURE® Mat.”
“Since the 4(th) quarter of last year, through our distribution partnership with SPARTAN MAT, Inc., we have successfully increased sales of our STRUXURE® composite mats and are already on our 5th purchase order,” says AXION’s EVP for Building Products Dave Crane. “Coming off a long and brutal winter, we are starting to see more inquiries and are gaining traction on our composite mats, which are specifically engineered for resistance against rot, fungus, insects and moisture. Our mats have the ability to maintain structural integrity in wet conditions and are estimated to last 5 times longer than hardwood alternatives. We appreciate the support and recognition from SPARTAN MAT, Inc. and have been informed that the Company will be showcasing our composite mats and technology at its booth during the CONEXPO-CON/AGG 2014. This is a great international platform for AXION as it further exposes us to the industry’s specialists, equipment suppliers, contractors, engineers and other service providers that will allow direct one-on-one contact with the construction industry.”
A major attraction for companies in nearly every construction industry, CONEXPO-CON/AGG is the international gathering place in 2014 for the construction industries. Held every three years, the exposition showcases the latest equipment, products, services and technologies. This year, the event will host 2,400 exhibitors and over 130,000 attendees. Attendees will include contractors, dealers, distributors, service providers, engineers, producers, and municipalities, among others.
STRUXURE® Heavy Construction Mats, which are produced from 100% recycled material, are engineered using a patented Recycled Structural Composite (RSC) formula making them extremely strong, durable and resistant to rot, fungus, insects, and moisture. The AXION technology does not absorb or release any liquids and chemicals into the environment unlike wood. STRUXURE® mats are ideal in wet or harsh-temperature environments and are resistant to abrasion and tread-wear and are an excellent, cost-effective, long-term solution for industrial, energy, and civil construction projects.
About AXION International Holdings, Inc.
AXION (OTCQB: AXIH) is a green technology company, transforming waste plastics into structural building materials. Using 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. 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.
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 Commission.
SOURCE AXION International Holdings, Inc.