TieTek composite crossties improve long-term economics, saving up to $48,000 per mile of track per year.

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The market leader in composite tie design and manufacturing

TieTek is a wholly owned subsidiary of North American Technologies Group (NATK)

TieTek is the worldwide leader in developing and manufacturing high-performance composite ties, an innovative solution for railroad track construction, maintenance and operation. Our management consists of experienced businesspeople, railroad executives, and materials scientists who are committed to bringing the highest quality products so that railroads are safer, more reliable, and more profitable.

TieTek has been in operation for over 10 years, and our production facilities in Marshall and Houston, Texas are capable of producing over 22,000 composite crossties per month. TieTek ties have been proven in both experimental and real-world conditions, in the United States and in many countries around the world.

For more information, please download our brochure, see our financial pages at Yahoo!, or register to see our detailed specification sheets.

Board of Directors

D. Patrick Long, Chairman of the Board. Mr. Long has been a partner in the law firm of Patton Boggs LLP for more than five years. He is President of Beta UBD, a private energy company; Vice-President of Aegis Services Company, LLC, a private property management company; Vice-President of Lobo Petroleum Company, a private energy company; and Chairman of the Board of Katana Energy, LLC, a private energy company.

Richard J. Guiltinan, Jr. Richard J. Guiltinan is currently the Vice President, Chief Accounting Officer of Flowserve Corporation. He is a Certified Public Accountant with over 30 years of experience in finance and accounting, including serving as the Chief Financial Officer of Caltex Corporation, an international refiner and marketer of petroleum products. Mr. Guiltinan was appointed to chair the Audit Committee of the Board.  He holds a BA from the University of Notre Dame.

Michel Amsalem. Mr. Amsalem is the Founder of Midsummer Capital LLC, the investment manager of the Midsummer group of funds/investment partnerships, and has served as its President since July 2001. From May 1999 to June 2001, Mr. Amsalem was a managing director of Omicron Capital, LLC, an asset-based financing firm. Mr. Amsalem has over thirty years of experience in the origination, structuring, negotiation and management of investments in complex environments. Prior to Midsummer Capital LLC, Mr. Amsalem was successively Founder and Managing Director of Citibank's Structured Finance Department, of Banque Indosuez Investment Bank for Latin America and Eastern Europe and of Patricof Emerging Markets. Mr. Amsalem started his career at the International Finance Corporation, the private sector arm of the World Bank. Mr. Amsalem received his Doctoral degree from Harvard University and his MBA from Columbia University where he presently teaches business policy and strategy courses as a management professor. Mr. Amsalem is a graduate of Ecole des Hautes Etudes Commerciales in France.

Joseph A. Ethridge. Mr. Ethridge is currently a member of Comanche Associates, LLC, a company engaged in the consulting business. From 1990 until recently, Mr. Ethridge served as the Senior Vice President Finance and Treasurer of Sammons Enterprises, Inc. (Sammons), a holding company that is the parent of Sponsor. Prior to joining Sammons, Mr. Ethridge was a tax partner with Coopers & Lybrand, an accounting firm, from 1975 to 1990. Mr. Ethridge is a member of the board of directors of iSecureTrac, Corp. (symbol ICES.OB). Mr. Ethridge received a BBA in Accounting and an MBA in Finance and Real Estate from the University of North Texas.

Bruce Leadbetter. Mr. Leadbetter has been the Chief Executive Officer of Sponsor, a private investment group, since 2003. Since 2001, Mr. Leadbetter has been a partner of Beta Capital Group, LLC, a private investment group and a partner of Aegis Services Company, LLC, a private property management company. From 2001 to 2003, Mr. Leadbetter served as Chairman of the Executive Committee of Patriot Air, LLC, a charter carrier. Mr. Leadbetter is a member of the board of directors of Adam Aircraft Industries, Inc., a trustee of The Sammons Foundation and The Sammons Dallas Foundation, and a member of the board of directors of iSecureTrac, Corp. (symbol ICES.OB).