Temple railroad tie maker raises more capital

Nov 4, 2013
Austin Business Journal

Railroad track tie maker IntegriCo Composites Inc. raised $8.7 million of a planned $10 million financing

The Temple-based company collected the capital from 11 investors, according to a Friday filing with the U.S. Securities and Exchange Commission

IntegriCo Composites, founded in 2009, develops composite railroad products made from recycled plastics. The company uses landfill-bound plastic to create products designed to outperform other materials such as wood and concrete

Last year, IntegriCo Composites won a multi-year, multi-million dollar requirements contract from the U.S. Army Contracting Command, Rock Island, through a contractor award to Atlas Trading International LLC

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