Business Description
Trex Company, Inc., was incorporated as a Delaware corporation in 1998, and
is the world’s largest manufacturer of wood-alternative decking and railing
products, which are marketed under the brand name Trex® and manufactured
in the United States. Our principal executive offices are located at 160 Exeter
Drive, Winchester, Virginia 22603, and our telephone number at that address
is (540) 542-6300. We operate in a single reportable segment.
We offer a comprehensive set of aesthetically pleasing, high performance and
low maintenance outdoor living products in the decking, railing, porch, fencing,
steel deck framing and outdoor lighting categories. We believe that the range
and variety of our product offerings allow consumers to design much of their
outdoor living space using Trex® brand products. A majority of our products
are made in a proprietary process that combines reclaimed wood fibers and scrap
polyethylene. Our products come in a wide selection of popular sizes and lengths
and are available with several finishes and in numerous colors.
Trex products offer a number of significant aesthetic advantages over wood
while eliminating many of wood’s major functional disadvantages, which
include warping, splitting and other damage from moisture. Our products require
no staining, are resistant to moisture damage, provide a splinter-free surface
and need no chemical treatment against rot or insect infestation. These qualities
result in low maintenance products when compared to the on-going maintenance
requirements for a wood deck and make Trex products less costly than wood over
the life of the deck. Trex products are stain resistant and color fast. Special
characteristics (including resistance to splitting, the ability to bend, and
ease and consistency of machining and finishing) facilitate deck, railing, and
fencing installation, reduce contractor call-backs and afford customers a wide
range of design options. Trex decking products do not have the tensile strength
of wood and, as a result, are not used as primary structural members in posts,
beams or columns used in a deck’s substructure. However, Trex does offer
the Trex Elevations steel deck framing system.
We have received product building code listings from the major U.S. building
code listing agencies for decking and railing and from the major Canadian building
code listing agency for decking. The listings facilitate the acquisition of
building permits by deck builders and promote consumer and industry acceptance
of our products as an alternative to wood decking.
Trex products manufactured at our Winchester, Virginia and Fernley, Nevada
manufacturing facilities are primarily manufactured from reclaimed wood fiber
and scrap polyethylene. Our primary manufacturing process involves mixing wood
particles with plastic, heating and then extruding, or forcing, the highly viscous
and abrasive material through a profile die. We use many proprietary and skill-based
advantages in our manufacturing process.
Our manufacturing process requires significant capital investment, expertise
and time to develop. We have continuously invested the capital necessary to
expand our manufacturing throughput and improve our manufacturing processes.
We have also broadened the range of raw materials that we can use to produce
a consistent and high-quality finished product. In connection with national
building code listings, we maintain a quality control testing program.
We utilize Six Sigma and Lean Manufacturing methodologies within our plant operations.
We also use these methodologies throughout our Company in the planning and execution
of projects that are important to our success.
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