Recently launched recycled plastics subsidiary is awarded a multi-year contract with one of the largest thermoplastics companies in the US NEW PROVIDENCE, N.J., — In a major deal adding $42 million of new revenues, AXION International Holdings, Inc. (AXIH), a leader in recycled plastic and plastic composite, today announced that its subsidiary, AXION Recycled Plastics Incorporated, signed a 3-year contract to provide recycled materials to a major thermoplastics company. This development reinforces the Company’s business strategy of its recently purchased assets and related launch as a recycled materials processor and supplier. The contract is renewable in 12-month increments.
http://www.publicwire.com/2013/12/17/axih-axion-recycled-plastics-signs-42000000-contract/
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