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Axion International Holdings, Inc. (AXIH) to Supply Materials for First Plastic Bridge Used in U.S. Public Highway Applications

|Includes: Axion International Holdings, Inc. (AXIHQ)

Earlier today, Axion International Holdings announced that through its existing relationship with Innovative Green Solutions, LLC (NYSEARCA:IGS) the company received a purchase order for its innovative Recycled Structural Composite (RSC) material. According to the press release, the material will be used in the construction of a plastic bridge in the town of York, Maine. This bridge will represent the first of its kind used in public highway applications in the U.S.

Designed to be approximately 26 feet wide x 15 feet long, the bridge will be used to replace an existing concrete box culvert. The bridge will consist of a single-span, with curbing, abutment headwalls and wingwalls. Following construction, the bridge deck will be covered in gravel and surfaced with asphalt pavement. The larger structure will provide a more effective passage for water, fish and aquatic organisms from Shorey Pond under Birch Hill Road, which runs between SR-91 and Beech Ridge Road in the town of York.

Steve Silverman, Axion’s President and CEO, exclaimed, “We are thrilled to be a part of this green bridge project in Maine. As the first 100% recycled plastic vehicular bridge built on the public highway system in the US, Axion is pleased that our relationship with the town of York could make this bridge a reality. Going forward Axion hopes to see continued acceptance of our recycled plastic products, as our management team remains committed to maintaining a diversified sales pipeline with a growing number of opportunities around the United States, and internationally as well.”

The bridge was commissioned by the town of York and designed and reviewed by engineering consulting firms Parsons Brinckerhoff and CLD Consulting Engineers. After prefabrication at Axion’s plant in Portland, Pennsylvania, the bridge will be shipped to Maine via flatbed truck. Assembly is expected to be pretty straightforward once delivered.

Dean Lessard, Director of Public Works for the town of York, Maine, commented, “This bridge will be a great addition to our historic, forward thinking and environmentally conscious town. Our Board of Selectmen were extremely supportive in utilizing recycled plastic technology to replace the undersized culvert that was prone to causing that section of Birch Hill road to flood. I recommended thermoplastic over other options due to the structure’s timber like appearance and the product’s environmental credentials combined with its durability and minimum maintenance requirements. We look forward to working with CLD, Parsons Brinckerhoff, Maritime Construction, IGS and Axion on this thermoplastic project, as well as on other potential development opportunities going forward.”

Vijay Chandra, National Director of Structures and Dr. John Kim, Senior Professional Associate at Parson Brinckerhoff, Inc. added, “We are pleased to have the opportunity to work on the first vehicular bridge in the state of Maine designed from 100% recycled plastic. It’s a pleasure to work with the town of York on this eco-friendly bridge and be given the opportunity to design with Axion’s products, which are some of the most exciting new structural materials in the marketplace today with distinct advantages over conventional alternatives.”

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