ran successfully for 10 years. Coopers and Lybrand stated the 50,000 ton process line contributed $ 10 million per year to the bottom line. The second commercial machine was sold in 2000 into a joint venture with ABC Rail Products and Illinois Central Railroad with a new plant to be built in Chicago. ABC Rail Products was placed into Receivership in October of 2001. This technology and process line was recently purchased back from the Receiver and we are now relaunching this proven technology with updated engineering innovations . Permatrack is able to process Continuously Welded Rail ( CWR) into Premium Rail to deliver a weld free seamless 1/4 mile length that is ready to install. Rail welds are the source of most of the track failure issues in these times of heavy axle loads, and this process COMPLETELY eliminates the weld zones. Rail processed by Permatrack has several significant safety benefits including the strongest metallurgical grain structure and balanced residual stress. These factors allow us to produce the safest, strongest and longest lasting rail available worldwide. We have ' in-service ' documentation and extensive studies for verification proving that the cost savings are significant to the Railroads. With the advent of extra heavy and extra long trains, the railroad industry demands this superior technology. Our mission is to improve rail safety .