Recycled plastic railroad ties draw investor interest

Evertrak LLC, a manufacturer of composite railroad ties, has attracted investment from Sumitomo Corp. of America (SCOA). The amount of investment was not disclosed, but Evertrak founder Tim Noonan said SCOA purchased a minority stake. Evertrak, based in St. Louis, has 30 employees. 

To read more, visit Plastics Machinery and Manufacturing.

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