Manufacturing Industry
Recycled Plastics Co. makes acquisition - Plastics - Brief Article
Recycling Today, Oct, 2003
North American Technologies Group Inc. (NATK), Houston, has purchased a 200,000-sq. ft. manufacturing facility on 40 acres near Marshall, Texas. NATK will build two new manufacturing lines to produce TieTek composite railroad ties.
The Marshall facility, previously owned by Trinity Industries Inc., is on a main line of the Union Pacific Railroad and has a dedicated spur into the plant.
When fully operational in roughly eight months, NATK hopes to produce 30,000 railroad ties monthly. The company uses recycled post-consumer plastic and scrap tires for nearly 90 percent of the railroad ties' composition. NATK believes its main supplier, Avangard Industries Ltd., a recycling company with operations in Texas and Mexico, will be able to supply enough raw material to feed the plant.
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