Both make significant contributions to the environment by using mostly recycled materials in all of their products. The polyethylene plastic continues to be mostly recycled materials from commonly discarded items like stretch wrap, packaging films, grocery and retail bags and case/carton/product overwraps. [5] It has been a publicly traded company since 1999 and trades on the New York Stock Exchange under the ticker symbol “TREX”. By choosing your country, you acknowledge that you have read Trex's Privacy's Policy, Trex Environmental, Social and Governance (ESG) Report, Vendor and Customer Code of Conduct and Ethics, California Transparency in Supply Chains Act. Ideal for decking, docks, fencing and so much more. The Green Builder Media’s 2013 Reader’s Choice Awards, earning more than 40% of the vote for the ‘greenest’ decking in the industry. Equities analysts expect that Trex will post 1.45 EPS for the current fiscal year. The Maui Wildlife Refuge Complex, Kealia Pond NWR in Hawaii. HGTV, HGTV Smart Home, HGTV Smart Home Giveaway and their associated logos are trademarks of Scripps Networks, LLC. Transcend Decking & Railing – 2010 Editors Choice in March issue of “ProSales” magazine, Decking: Tied for #1 in Brand Familiarity, Brand Used in the Past Two Years, Brand Used the Most, Highest Quality Brand, Railing: #1 Brand Familiarity, #1 Brand Used in the Past Two Years, #1 Brand Used the Most, #1 Highest Quality Brand, Roger Wittenberg combined sawdust and plastic bags to create park benches and, later, decking, Mobil Chemical Co. acquired Wittenberg’s technology and later that same year Trex Company LLC was formed after a buyout of the Mobil division that owned the technology, Trex established its corporate headquarters in Winchester, VA, Company IPO on New York Stock Exchange NYSE:TREX, Trex opened a second manufacturing facility in Fernley, NV. Three Trex products were chosen by Qualified Remodeler as part of their 2019 “Remodelers’ Choice 100” – Trex Enhance, Trex CustomCurve, Trex RainEscape. Welcome to Elite Decking. Formed in 1996 through the buyout of a division of Mobil Corporation, our company went public in 1999. 2016 Publicity Club of Chicago – Gold Award, Social Media Communications, Six 2015 ADEX (Award for Design Excellence) awards: three Platinum Awards. Categories Railing. Discover how our Solid Core has helped prevent structural field failures for more than 30 years and why that matters for your outdoor living space. About Trex Company, Inc. Trex Company, Inc. [NYSE: TREX] is the world’s largest manufacturer of high-performance wood-alternative decking and railing, with more than 25 years of product experience. Trex won “Greenest Decking” in the Green Builder Media 2019 Readers' Choice Awards for the 10th year in a row. ", "Introducing "NexTrex™": Composite Decking Leader Announces New Name For Successful Retail Recycling Program", "2019 Readers' Choice Awards - A Sustainable Brands Survey", "Trex Company wins "Excellence in Plastics Recycling" award", "Winslow Management Names Green Mountain Coffee Roasters, Timberland, Trex 2005 Green2 Award Winners", "STUDY FORECASTS INCREASE IN RECYCLED THERMOPLASTICS DEMAND", "Which Brands Do Remodelers Prefer? USGBC is best known for the widely recognized LEED program (Leadership in Energy & Environmental Design). 160M+ gallons of water is saved per year between Winchester and Fernley. Our deck design process & attention to detail make us an HOA friendly choice for getting your project approved the 1st time. Our premium composite lumber combines HDPE plastic with a natural mineral fill material to create deck boards that are strong and durable. Copyright © 2021 Trex Company, Inc. All rights reserved. [22] The components are mixed and a pigment and preservative are added during the process. [20] An average, 500 square foot composite Trex deck may contain approximately 140,000 recycled plastic bags. Trex has received this award twice. Our composite decking, deck railing, balusters, post caps and decking lights make it easy to extend your living space…outside. MoistureShield® offers the only wood composite decking that can be installed in the ground, on the ground or underwater. [28] In public materials, Trex Company, Inc. cites that no trees are cut down to make Trex decking products; that the company uses vegetable-based oil hydraulics in transportation trailers; and nearly 100% of Trex factory scrap is recycled back into the manufacturing line. Used with permission; all rights reserved. Top brand in all four composite/PVC subcategories in 2016 Builder Brand Use Study, including Quality, Brand Familiarity, Brand Used Most and Brand Used in the Past Two Years. Steel or Timber frames available. Trex had a return on equity of 36.64% and a net margin of 21.41%. [26], Trex promotes an environmental stance as part of its commercial appeal in the marketplace. Trex also takes the tiered approach with their composite decking, so you have Trex Transcend, Trex Select, and Trex Enhance. Since 1996 Trex has invented, defined and perfected the composite deck category, becoming the world’s largest manufacturer of wood-alternative decking products. Trex's quarterly revenue was up 19.0% on a year-over-year basis. Plastic film and wood fiber each make up about 50% of this total. 2017 Builder Brand Use Study top brand in three composite/PVC subcategories, including Brand Familiarity, Brand Used Most and Brand Used in the Past Two Years. [30], Through the LEED point-based system, the use of Trex decking and railing products add points based on the percentage of recycled product content. Learn More > Dek Posts. More. In 2005 Trex was given the ‘Green Award’ by Winslow Management Company in recognition of companies that contribute positively to both the environment and shareholders. Trex Enhance is actually broken down into two collections with Natural and Basics, which feature a handful of colors each. Students collect plastic bags in exchange for a gift of Trex benches to participating schools.[31]. Photos © 2020 Scripps Networks, LLC. Never content to settle, we continue to make strides in outdoor engineering, melding innovation with environmental responsibility and beautiful form with powerful function. During the same period in the prior year, the company posted $0.72 earnings per share. In 2019, Trex received Green Builder Media’s highest honor, the Eco Leader award. See the full line of wood-alternative building materials for outdoor living. [6] With manufacturing facilities in Fernley, Nevada and Winchester, Virginia, the company’s products are sold in more than 40 countries. Here Are Your Picks", "2019 Remodelers' Choice 100: Remodeler Driven Results", http://www.builderonline.com/products/2016-builder-brand-use-study-results_o, "Four LCWA Campaigns Honored at Publicity Club of Chicago Golden Trumpet Awards", "TOH Top 100 2015: Best New Outdoor Living Products", "100 Best New Products of 2014: Outdoor Living", "The Washington Post Top Workplaces 2014", "Trex Elevations® And Trex Pergola™ Named 'Best New Products, "Trex® Sweeps Composite Decking Category In Remodeling Magazine's 2013 Brand Use Study", "Corporate Leaders Receive Thirteenth Annual Emerald Asset Management "E-3 Awards, "Trex Company Reminds Consumers of Replacement Program for Defective Decking Manufactured between 2002 and 2007 for Sale in the Western United States", "Trex® Surface Flaking Class Action Settlement", "Trex Company Introduces 'Trex Escapes' Decking", "Trex Company Announces Licensing Partnership with Dri-Deck Enterprises, LLC", "Aspirational And Affordable: Meet The New Trex Decking Lineup", https://en.wikipedia.org/w/index.php?title=Trex_Company,_Inc.&oldid=1006083767, Building materials companies of the United States, Companies listed on the New York Stock Exchange, Articles with a promotional tone from March 2020, Wikipedia articles with possible conflicts of interest from March 2020, Articles with multiple maintenance issues, Creative Commons Attribution-ShareAlike License. Trex Enhance and Trex Select are also high performance composite decking models that are backed by the company’s warranty and come in a wide variety of colors. Composite decking is made from locally-sourced recycled plastic, lumber mill scraps and other materials. [29], Trex has been a member of the Green Building Council, a trade group promoting environmentally friendly building practices, (USGBC) since 2009. Today we offer the industry’s widest array of high-performance composite products, which are available in more than 40 countries around the world. 0. The two-year participation included the construction of a 2,200-foot pedestrian boardwalk in 2005 and boardwalk upgrades using Trex decking materials for a total value of $600,000 in 2006. [7], According to public documents,Trex is the world’s largest manufacturer of wood-alternative decking and railing,[8] with approximate 2018 annual revenues reported of $684 million,[9] annual operating income of $176.7 million, net income of $134.6 million and total assets of $465.1 million. [21] The proprietary, eco-friendly processing method and bi-coastal factories also reduce fuel consumption and minimize greenhouse gas emissions. Trex sweeps composite decking category in “Remodeling” magazine's 2013 brand study for fifth consecutive year. The Governor of Virginia’s Environmental Excellence First Place Award. [28] Since 2006, students at schools throughout the country have participated in a ‘Trex Plastic Bag Challenge’ (recently renamed ‘Plastic Film Recycling Challenge’[27] ). [64] In a settlement approved in 2010, [65] Trex agreed to replace any decking boards, including some resulting labor costs, for decking affected by surface flaking. Solid Composite Decking is the most common type of composite decking and the most popular choice among homeowners. Trex Company, Inc., also known as Trex or Trex Decking, is a major manufacturer of wood-alternative decking, railings and other outdoor items made from recycled materials. Composite decking has come a long way since its humble beginnings in the 90s, and TimberTech and Trex have led the way through growth and innovation. Be inspired. Trex Complaint 1/13/09 Hagens Berman Sobol Shapiro filed a class-action lawsuit against Trex Company, Inc., claiming the nation's largest manufacturer of wood-alternative decking sells flawed products and fails to live up to its obligations to consumers … Providing eco-friendly decking in Sydney, Melbourne, and Australia-wide ModWood supply quality composite decking and fencing products to homeowners, builders and architects throughout Australia. Both Trex and Fiberon are without a doubt, some of the most respected companies in the composite decking industry. A manufacturing problem at the Trex manufacturing facility in Fernley, Nevada from 2002 to 2007 led to the production of decking boards that were prone to surface flaking. Using these materials means we prevent more than 70,000 tons of plastic and other waste from ending up in landfills or incinerators every year. We not only build a beautiful addition to your home, we build it to last. Trex establishes a new construction facility in Virginia and expands production facilities in Nevada, This page was last edited on 10 February 2021, at 23:22. Established since 2004. Deck it right the first time with Fiberon's low maintenance composite decking, railing, and fencing. If you’ve chosen low maintenance, weather and scratch-resistant composite for your decking project, you really can’t go wrong with either brand but it is definitely worth a closer examination of the specific products offered. Learn More > Find us at Lowe's. [17] The idea for a process and product created to maximize the use of materials that would otherwise wind up in landfills is credited to inventors Kjell-Ake Gustafsson, of Binghamton, NY; John J. Muller, of Winchester, VA; and Roger A. Wittenberg of Newton, PA.[18], The first patent for a “Method of Producing a Wood-Thermoplastic Composite Material” was filed as U.S. Patent number 5746958 in March 1995 and granted in May 1998. The Assignee was Trex Company LLC, operating in Winchester, VA.[18] The process abstract for the creation of composite decking is: “A method for producing a wood-thermoplastic composite material using a high bulk density feedstock. The wood content in Trex products is largely wood byproducts like sawdust, wood pallets, wood chips and wood fiber. Nylboard LLC, the maker of decking, porch, and sheet products manufactured primarily from recycled carpet fibers, announced today it has ceased production of all products. Buy quality outdoor WPC decking at competitive price from Oakio - one of the largest manufacturer of wood-alternative decking products. These boards were sold throughout 16 Western states in the U.S. and resulted in a class action suit against the company. Trex Elevations & Trex Pergola – “Professional Builder” and “Professional Remodeler” trade journals' “101 Best New Products” 2013 in the Decking/Outdoor Living category.