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Indiaexportnews.com

RAIL.ONE enters the US market

  19.03.2013    

RAIL.ONE Group, leading international manufacturer of concrete railroad ties and systems provider for railway track, has entered the US market. The company will construct a production plant in the US State of Iowa with an annual capacity of 600,000 concrete ties. In implementation of its market entry, RAIL.ONE Group has already founded a US subsidiary RAIL.ONE USA Corp, according to Railway Technology.
With an investment volume of €15 million for property, infrastructure links, and the plant building, RAIL.ONE will construct, in Clinton, Iowa, one of the most advanced railroad tie factories in the world. This investment will create over 60 new jobs in the region. Implementation of the required plant and production technology is scheduled to begin in the third quarter of 2013, with commissioning of the plant targeted for the end of this year.
The factory will annually produce up to 600,000 concrete ties, which will be sold to the major railroad companies of North America. In its construction of production plants, RAIL.ONE benefits extensively from its long years of experience in this field. As the only such factory planner and builder, it offers four different processes for the production of concrete ties. These techniques can also be modified to satisfy the customer's particular requirements.
Jochen Riepl, CEO of RAIL.ONE GmbH, explains the potential in the United States: "Our entry in the extensive and highly promising American market offers attractive opportunities for further business development. The current annual replacement of around 22 million wooden ties on American railroads will result in their increasingly greater exchange in the form of concrete ties."
In taking advantage of these potentials in the United States, Riepl continues: "We will at the same time support creation of local added value by our collaboration with American industry and by creation of new jobs."


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