- CEO
- William L. Shrewsbury
- Full Time Employees
- 8
- Sector
- Industrials
- Industry
- Industrial - Distribution
- Address
- 12080 Virginia Boulevard Ashland KY United States of America 41102
- IPO Date
- Jun 20, 2002
- Business
- TX Rail Products, Inc. Rail and Rail Products Company Description: TX Rail Products, Inc. engages in the supply, distribution, and sale of drill bits, related tools, and mining supplies, along with railroad track components such as tee rails, steel ties, switches, and related accessories, primarily serving the domestic coal mining industry, short line railroads, and tunneling contractors. The company targets coal mine operators and resellers through a network of independent sales agents and direct sales channels. Headquartered in Ashland, Kentucky, TX Rail Products was founded in 2000 and operates primarily within the United States. Core products and services include drill bits and drill steel mining products (tungsten carbide bits and related accessories), mining tools, rail materials and accessories (tee rails, steel ties, switches, and related components), and associated tooling and support services. The company emphasizes reliable sourcing, competitive pricing, and lean cost structures to capture market share in the mining supply sector. In addition to its product categories, TX Rail Products pursues strategic growth through partnerships with suppliers and distributors, with ongoing updates on financing and strategic arrangements referenced in recent corporate communications. Founding year 2000; headquarters Ashland, Kentucky; subsidiaries and parent relationships are aligned with TX Holdings branding and subsequent rebranding to TX Rail Products, Inc. in 2024, reflecting a narrowed focus on rail and mining supply offerings while maintaining procurement and distribution capabilities across its product lines.