Sumitomo Corp. has announced a strategic investment in Evertrak, a manufacturer of composite railroad ties, to reduce environmental impacts and build a more sustainable US railroad infrastructure. The partnership aims to address the issue of wood railroad tie decay in high-decay zones, particularly in the southeastern US, where heat and humidity accelerate decay. Evertrak’s composite ties, made from recycled plastics and fiberglass, offer advantages such as optimal environmental performance, extended durability, and long-term cost savings. The company’s flagship product, the Evertrak 7000, has a lifespan of over 50 years in high-decay zones, compared to the average 8-12 years of wood railroad ties. Sumitomo Corp. Group, through its Steel Group, has been supporting North American freight railroad infrastructure by exporting rails and manufacturing tie plates, wheels, and axles. The investment aims to enhance Evertrak’s production capacity and accelerate the development of competitive and sustainable product solutions.
Sumitomo Corporation has made a strategic investment in Evertrak, a leading manufacturer of composite railroad ties.
