IntegriCo Composites raises portion of financing

IntegriCo Composites raises portion of financingThe railroad tie provider, IntegriCo Composites Inc., recently raised $1.9 Million in financing as per the filing made with the United States Securities and Exchange Commission. This is just a portion of their $6 million plan.

The company is based in Temple and started its operations in the 2009. It is a maker of railroad ties from recycled materials. It uses landfill-bound plastic which is a better alternative to concrete in terms of performance.

IntegriCo Composites Inc. collected the said financing from 4 investors. In 2013, the company was able to raise $8.7 million out of their $10 million target.

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