IntegriCo Composites Inc. to Expand its Product Line while Maintaining Focus on Reused Plastic Sustainability Solutions

IntegriCo Composites | February 12, 2021

• The company boosts existing rail tie production with entry into 2 - high-growth markets; pipeline skids and construction matting parts.
• Veteran investor Nicholas Singer is appointed as Executive Chairman.

IntegriCo Composites Inc., a leader in manufacturing composites industrial products using 100% recycled plastic. Announced a strategic expansion plan that includes entering two high-growth markets – pipeline skids, & construction matting parts.

The expansion into new markets with strong growth potential builds on IntegriCo's track record for manufacturing high-efficiency rail industry products that have a positive impact on the environment. These new products will add IntegriCo’s current rail tie production, which recycled landfill-bound plastic to make composite railroad ties. IntegriCo will continue to focus on delivering sustainability solutions which include over a decade of diverting and recycling nearly 30 million pounds of landfill-bound plastics, to substitute products that are conventionally made from wood.

In tandem with the repositioning, Nicholas Singer has been named Executive Chairman and is responsible for day-to-day management in the company, with support from Daniel Lyons, who was appointed Vice President of the Corporate Development: Scott Stewart, who was appointed Vice President of Operation; and Bryan Kelley, who serves as Plant Manager.

In tandem with the repositioning, Nicholas Singer has been named Executive Chairman and is responsible for the day-to-day management of the Company, with support from Daniel Lyons, who was appointed Vice President of Corporate Development; Scott Stewart, who was appointed Vice President of Operations; and Bryan Kelley, who serves as Plant Manager.

Nicholas Singer, Executive Chairman, IntegriCo Composites Inc. said. "We're excited about our leading position in new markets with substantial future growth opportunities. We have established trust with our vendors and customers, and positioned the business on the strong financial footing that will serve as a springboard for continued growth while continuing to benefit the environment."

Composite materials are speedily gaining a position in the energy industry for their durability and environmental benefits. Through IntegriCo's specialized procedure and industry-leading technology, the Company's construction matting parts and pipeline skids are highly resistant to damages such as rot, insect, and chemical reaction. Furthermore, IntegriCo's composite matting parts do not absorb construction site and drill site liquid contaminants which make them easy to dispose of at end of life. IntegriCo's products are made of 100% recycled plastic and are easier to clean than wood products which enables them to be transported across state lines without environmental concerns.

The strategic repositioning trails a recapitalization led by partners of Purchase Capital LLC, Singer's family office, with participation from Acadia Woods Partners, LLC.

Spotlight

Manufacturing is an old process that has changed little in recent years. Worse than that, it is part of an older business process that many argue is no longer fit for the needs of the electronics market. New paradigms in buying patterns are putting pressure on factories to become a whole lot more flexible. Innovations, such as “Industry 4.0” in Germany, attempt to meet these market-force requirements with technology-based solutions.

Spotlight

Manufacturing is an old process that has changed little in recent years. Worse than that, it is part of an older business process that many argue is no longer fit for the needs of the electronics market. New paradigms in buying patterns are putting pressure on factories to become a whole lot more flexible. Innovations, such as “Industry 4.0” in Germany, attempt to meet these market-force requirements with technology-based solutions.

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