IntegriCo expands product line, restructures management
Composite industrial products manufacturer IntegriCo Composites of Sarepta, Louisiana, a has announced a strategic expansion that includes pipeline skids and construction matting parts, which it describes as “high-growth” markets. The change follows a review of key markets, according to the company.
The company has been manufacturing rail industry products from composite material made with recycled plastics since 2007.
IntegriCo says it will continue to focus on driving sustainability solutions that include diverting and reusing approximately 80 million pounds of landfill-bound plastics, including high-density polyethylene, low-density polyethylene and mixed rigids. IntegriCo says it purchases plastic scrap from within a 1,000-mile radius of its facility from material recovery facilities and industrial generators.
Additionally, Nicholas Singer has been named executive chairman of the company. He is responsible for day-to-day management of IntegriCo. He is supported by Daniel Lyons, who was appointed vice president of corporate development; Scott Stewart, who was appointed vice president of operations; and Bryan Kelley, who serves as plant manager.
“We’re excited about our leading position in new markets with substantial future growth opportunities,” Singer says. “We have established trust with our vendors and customers and positioned the business on strong financial footing that will serve as a springboard for continued growth while continuing to benefit the environment.”
The company says its pipeline skids and construction matting parts are highly resistant to rot, insect and chemical damage. Additionally, the composite matting parts do not absorb construction site and drill site liquid contaminants, making them easy to dispose of at end of life.
The strategic repositioning of the company follows a recapitalization effect led by affiliates of Miami-based investment firm Purchase Capital LLC, Singer’s family office, with participation from Acadia Woods Partners LLC, a New York-based investment firm that primarily invests in companies operating in the technology, software and life science sectors.