Axion International Signs Deal with Argentina Firm

Axion International, a manufacturer of 100 percent recycled plastic railroad ties, based in New Providence, N.J., has signed a distribution agreement with Inversora Intervias S.A., based in Argentina. The agreement calls for Inversora to be Axion’s distribution company in Argentina, Uruguay and Paraguay.
 

According to Axion, the distribution agreement expands the company's global reach to provide its 100 percent recycled plastic railroad ties in Argentina, Uruguay and Paraguay. Inversora Intervias SA will establish marketing and sales functions for Axion's Ecotrax throughout the Mercosur region of South America. 
 

A collaboration agreement was also signed that provides the foundation and process for evaluating the formation of an operating entity that will manufacture, sell and market Axion's Ecotrax products in Argentina, Uruguay and Paraguay. With orders already shipped to Chile, Colombia and Brazil, Axion says the agreement will help Axion expand its markets in South America. 
 

“This is a significant step forward for Axion as we continue to expand our business globally,” Steve Silverman, Axion CEO and president, says. “Inversora Intervias S.A. is a perfect partner for Axion. We have spent a good deal of time exploring this market and in finding the proper partner. Inversora Intervias, through its connection with Cometrans Group, brings all the key elements you look for in a partner.”
 

Grupo Cometrans is an operator of transit and freight lines in the region. The company manages more than 2,200 kilometers of track. 
 

“Additionally, they are a major manufacturer of rail cars, buses and other equipment used in the transportation industry. As a rail line operator they have a firm handle on the needs of the market and they have the operational experience and manufacturing infrastructure needed to be a major force in the region. In addition to being a rail operator and a manufacturer/seller of equipment to the industry, Cometrans has a culture of being innovative, community oriented and constantly bringing new technologies to the region. We are honored to be working with them,” Silverman adds. 
 

Claudio Cirigliano, Grupo Cometrans president, says, “Innovation is a primary foundation of Grupo Cometrans' philosophy, and Axion is a key innovator representing a perfect match for us to forge an alliance. There are early-stage policies about recycling in Argentina, and this is an excellent opportunity to commit to this practice, and to become more environmentally friendly, which is one of the main aims of Cometrans S.A.”