TieTek Composite Crossties

Press Releases & News

   
January 14, 2008

North American Technologies Group, Inc. Announces Changes in Management

NAMC'S Chief Financial Officer, Mr. Mahesh Shetty, announced his resignation as of January 11, 2008

January 3, 2008

NAMC Annual Report Released

North American Technologies Group, Inc. Releases Annual Report

October 18, 2007

Chicago Transit System selects TieTek Composite Crossties

NAMC Announces Contract Award 63,000 Crossties for Chicago Transit System

September 10, 2007

NATK Announces New Stock Symbol and Reverse Stock Split

North American Technolgies Group, Inc. Announces New Stock Symbol and Completion of 1 for 20 Reverse Stock Split

August 8, 2007

NATK Announces New Funding

Sale of debentures and addition of new board members, position company for continued growth

July 2, 2007

NATK Announces Union Pacific Agreement

April 6, 2007

TieTek Increases Manufacturing Capacity by 50%

March 8, 2007

NATK Debenture Holders Convert to Equity; Expanded Debt Restructuring Positions Company for Strong Growth

December 18, 2006

NATK Announces Strong Revenue Growth

Nine Month Revenues in 2006 More Than Doubles Full-Year 2005 Revenues

December 5, 2006

TieTek Increases Manufacturing Capacity by 50%

New Houston facility increases manufacturing output and flexibility

November 28, 2006

Chicago Transit Authority chooses TiekTek Composite Crossties

7000 ties purchased for maintenance and replacement across 222 miles of track

November 9, 2006

NATK Names Independent Director to Board

Richard J. Guiltanan joins Board as Director and Chair of the Audit Committee

October 4, 2006

MTA New York City Transit Authority Selects TieTek Composite Crossties

TieTek Tie performance, durability and financial advantages key to selection

September 19, 2006

NATK Announces New Equity Financing

Investors Recognize Significant Growth Potential

September 19, 2006

NATK Announces Significant Debt Restructuring

Debt Holders Extend Principal Payback Period

August 9, 2006 NATK TieTek Announces Significant Revenue Growth
Revenues for the First Half of 2006 More Than Doubled From the First Half of 2005
July 13, 2006 TieTek Unveils Luminary Board of Advisors
Bruce Babbitt, Robert L. Thornton, Charles Marshall, Brad Schoenberg, Matthew Kness, and Justin Oberman join to grow TieTek
June 15, 2006

TieTek Adds Darnell, House and Brinks to Executive Ranks

Progressive Railroading

June 14, 2006 TieTek Expands Management Team
World Class Management team to promote the adoption of Composite Ties
May 15, 2006 NATK Announces Stronger First Quarter Results and New Chief Financial Officer
NATK announces first quarter increased revenues from increased production and a reduction in operating losses; Mahesh Shetty elected as CFO effective May 18.
May 8, 2006 TieTek Signs Amendment to Existing Sales Agreement With Union Pacific Railroad
New amendment enables TieTek to adjust prices based on fluctuations in its raw material prices.
May 1, 2006 NATK Stock Trades on OTC Bulletin Board and Announces New Independent Director
NATK's common stock began trading as NATK-OTCBB on the Over-the-Counter Bulletin Board; John T. Corcia had been elected to its Board of Directors.
May 1, 2006 NATK Is on Track With Renewed ISO Certification and Completion of Capital Expenditures
TieTek receives ISO 9001:2000 certification; operating and production goals on track for second quarter.
January 6, 2006 North American Technologies secures financing, installs Kaufman in top post to succeed Sullivan
TieTek obtains financing; Neal Kaufman appointed President and CEO.
TieTek

The TieTek warehouse in Marshall, Texas.

"TieTek is a model of 21st century corporate responsibility and innovation — recycling plastic, rubber and other disposed products into 100% recyclable crossties that deliver financial and performance benefits for the railroads."

Bruce Babbitt, former US Secretary of the Interior