ZANESVILLE, Ohio, Dec. 9, 2014 /PRNewswire/ -- AXION International Holdings, Inc. (OTCQB: AXIH), a leader in structural polymer solutions, including ECOTRAX® rail ties and STRUXURE® construction mats, announced today that it has received a purchase order for more than 300 STRUXURE® Heavy Construction Mats from Spartan Mat, LLC. The order consists of 45" x 16', 18' and 20' mats that will be sold and rented across the U.S. into civil, oil and gas projects. AXION has received multiple orders from this customer in 2014.
The mats are being made on a new assembly line in AXION's Texas-based manufacturing plant, which is part of an operational expansion to keep up with increasing demand for the Company's engineered products. AXION's Heavy Mats are ideal for temporary support surfaces under active heavy equipment with tracks or treads in wet and harsh-temperature environments. STRUXURE® mats have the ability to maintain structural integrity in wet conditions and are estimated to last five times longer than hardwood alternatives.
"There is a tremendous opportunity for our STRUXURE® Heavy Mats in diverse applications across the oil, gas and various civil infrastructure projects," said AXION's EVP for Building Products Dave Crane. "Spartan Mat, LLC has been a great supporter of ours, and we have worked closely with them to strengthen our position in the industry. Our mat business is growing rapidly, and we have done an excellent job of expanding awareness, which has led to growing demand. Many field trials show that our mats outperform hardwood mats and offer many other benefits over them. We believe our engineered solutions are going to be utilized even more in both domestic and international markets and that more purchase orders are on the horizon."
"AXION has an excellent reputation and is known for its high-quality products. AXION builds great construction mats that fill a niche in our matting portfolio. Their mats work very well for our customers and are increasing in demand," commented Justin Thelin, founder of Spartan Mat, LLC. "The expansion of AXION's production and service capability in Texas will allow Spartan Mat to generate new revenue. We are pleased with the relationship, the results we have achieved, and look to distribute their products to more customers in different markets."
Spartan Mat, LLC, based in Olive Branch, Mississippi, produces and supplies crane mats, timber mats, laminated mats and composite mats, all used for pipeline, wind farm, marine barges, crane work and transmission and distribution line work. The company provides strong, lasting-construction mats to locations and job sites around the United States.
STRUXURE® Heavy Construction Mats are engineered using AXION's patented recycled-polymer technology, making them strong, durable and resistant to rot, fungus, insects, and moisture. STRUXURE® mats do not absorb or release any liquids and chemicals into the environment and are ideal in wet and harsh-temperature environments. Resistant to abrasion and tread-wear, STRUXURE® Heavy Mats are an excellent, cost-effective, long-term solution for industrial, energy, and civil construction projects.
About AXION International Holdings, Inc.
AXION (AXIH) creates innovative structural polymer solutions, engineering sustainable products and systems for applications that provide improved long-term value, consistent performance, and reduced maintenance costs in comparison to conventional products. Through its ECOTRAX® rail applications and STRUXURE® building products lines, AXION delivers tested, proven, and superior structural polymer solutions for the infrastructure, transportation, and energy industries.
www.AXIH.com
Forward-Looking Statements
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.
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SOURCE AXION International Holdings, Inc.
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