ZANESVILLE, Ohio, Dec. 2, 2014 /PRNewswire/ -- AXION International Holdings, Inc. (OTCQB: AXIH), a leader in structural polymer solutions, including ECOTRAX® rail ties and STRUXURE® construction mats, today announced that the Company has issued a letter to its shareholders.
Highlights of the letter include:
- Company's recent third quarter 2014 financial update, which reported a 145% year-over-year quarterly revenue growth
- Vertical integration strategy through the conversion of its Zanesville facility to increase capacity for engineered products ECOTRAX® rail ties and STRUXURE® Heavy Construction Mats
- Introduction of STRUXURE® Construction Mats, a high margin business, and its venture into the oil and gas industry
- Identifying the Company's forward-looking focus and corporate strategy
- Growth catalysts and path forward
To read the Letter to Shareholders in full, please visit: http://content.stockpr.com/axionintl/media/6534328c142e2ab211cb444eed93830b.pdf
About AXION International Holdings, Inc.
AXION (OTCQB: 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.
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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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/axion-issues-letter-to-shareholders-300002421.html
SOURCE AXION International Holdings, Inc.
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