Sumitomo Corporation invests in Evertrak

Sumitomo Corporation, through its subsidiary Sumitomo Corporation of Americas, has announced a strategic investment in Evertrak, a U.S.-based manufacturer specializing in composite railway sleepers. The partnership focuses on reducing environmental impact and supporting sustainable railway infrastructure in North America.

In regions like the southeastern United States, high heat and humidity accelerate the decay of traditional wood railway sleepers, posing cost and environmental challenges. Composite railway sleepers, made from recycled plastics and fiberglass, are emerging as a sustainable alternative. These sleepers offer extended durability, superior environmental performance, and long-term cost savings. Additionally, they are fully recyclable after use.

The North American railway industry replaces approximately 20 million railway sleepers annually, with an estimated 6 million required in High Decay Zones. Composite sleepers are increasingly being adopted to address this demand while reducing environmental impacts.

Founded in 2017 in St. Louis, Missouri, Evertrak manufactures composite railway sleepers designed to withstand harsh conditions. Its flagship product, the “Evertrak 7000,” has a lifespan exceeding 50 years in High Decay Zones, compared to the typical 8–12 years for wood sleepers. By overcoming cost and quality barriers, Evertrak has secured adoption by Class 1 railways, offering significant long-term benefits.

Sumitomo Corporation has a longstanding presence in the North American freight railway sector, supplying products such as rails, sleeper plates, wheels, and axles. The investment in Evertrak aligns with its goal of promoting sustainable infrastructure while leveraging synergies with its existing operations. This partnership will enable Evertrak to enhance production capacity and develop cost-competitive solutions.


Share on:
Facebooktwitterlinkedinmail

 

RECOMMENDED EVENT: