Content about Trex

July 22, 2014

Shares of Trex (TREX) were up 5.28% on Tuesday after the stock was upgraded from hold to buy on an analyst upgrade.

May 5, 2014

The 2014 deck-building season got off to a late start, and Trex felt the impact in its first-quarter results.

The Winchester, Virginia-based company reported net sales of $100.6 million, down from $107.9 million in last year's first quarter. Net income for the wood-alternative decking giant was $12.3 million, down from $21.6 million in the same period last year. 

April 9, 2014

Trex has added a new color to its Trex Transcend decking collection: a light gray called Island Mist. This, silvery shade features realistic streaking that mimics the natural look and feel of aged tropical hardwood, and is designed to be a cooler complement to the three existing tropical-inspired shades and the five earth-tone Trex Transcend colors.

January 28, 2014

Stocks were stronger on Monday, with TREX gaining 4.13% and UFPI up 3.66%.

August 30, 2012

Winchester, Va.-based Trex Company expanded its Trex Transcend decking collection to include a new, variegated light brown color called Tiki Torch. 

The earthy shade features reddish-brown hardwood streaking and is designed to complement both the two existing tropical-inspired Transcend shades and the five classic Transcend hues.

July 26, 2012

Decking manufacturer Trex Co. reported net sales of $94.3 million for its second fiscal quarter, a 20% rise over sales of $78.4 million in the same quarter last year. Net income for the second quarter, which ended June 30, 2012, was $8.3 million, compared with net income of $2.1 million a year ago.

May 9, 2012

Trex, a manufacturer of composite decking and railing products, reported net sales for the first quarter of 2012 of $96.1 million, a 39% increase over net sales of $69.0 million for the same period in 2011. 

The Winchester, Va.-based company reported net income of $12.3 million for its first quarter,  which ended March 31, 2012. This compares to net income of $5.1 million for the prior-year period. 

April 25, 2012

Trex Company has entered into a licensing agreement with Freud America to introduce the first saw blade specifically designed for cutting composite decking materials.  Diablo, Freud’s premier brand of construction tools, will be introducing the new blade series for maximum performance and highest quality of finish when cutting composite decking materials.

February 29, 2012

Trex Co., a manufacturer of composite decking and railing, reported net sales of $51.5 million for its fourth quarter, a 31.6% decrease over sales of $75.3 million for the same quarter of 2010. 

During the quarter, which ended Dec. 31, 2011, the company reported a net loss of $18.3 million, compared to a net loss of $0.5 million, for the fourth quarter of 2010. During the 2011 period, the Trex increased its warranty reserve by $10 million for decking material manufactured at its Nevada plant prior to mid-2006. Excluding that charge, the net loss was $8.3 million.

December 2, 2011

Choosing material for a new deck used to be a simple proposition: There were pressure-treated lumber, which most people used, or fancier woods such as cedar, redwood and mahogany. Then came Trex, and a bunch of other composites, and the alternative decking market exploded. Cellular PVC, capped versus non-capped, decking made from recycled nylon carpet, special fasteners, not to mention all those railing systems.

November 3, 2011

Winchester, Va.-based Trex Co. launched the new Trex Enhance high-performance composite decking. 

The new product will be positioned between Trex Accents and Transcend in the company's good, better, best decking line-up, according to CEO Ronald Kaplan.

"Trex Enhance will both expand and strengthen our high-performance decking portfolio and provide consumers with a composite product that features a multitude of innovative features," said Kaplan.

November 1, 2011

Winchester, Va.-based Trex posted a third-quarter net loss of $0.5 million, compared with a net loss of $8.8 million in the 2010 period.

Net sales for the third quarter ended Sept. 30 totaled $67.9 million, up 12% from net sales of $60.6 million in the year-ago period.

October 11, 2011

Winchester, Va.-based Trex Co. entered into a licensing agreement with Manassas, Va.-based Backyard America to develop and market Trex Pergola kits manufactured with cellular PVC TrexTrim.

October 5, 2011

Composite deck maker Trex announced net sales for the second quarter of 2011 of $78.4 million, compared with net sales of $115.5 million for the 2010 second quarter. Net income for the quarter, which ended June 30, 2011, was $2.1 million, compared with $4.8 million a year ago.

August 26, 2011

Trex Co., the major manufacturer of wood-alternative decking and railing products, is expanding its presence in the Pacific Northwest with the addition of International Wood Products (IWP) to its distribution network. 

IWP will now supply Trex products -- including the high-performance Trex Transcend decking and railing collection -- to dealer partners across the territory.

August 1, 2011

Poor weather hurt second-quarter sales at Trex, the nation's largest manufacturer of wood-alternative decking and railing products. The macro-economy didn't help, either.

Winchester, Va.-based Trex Co. reported net sales of $78.4 million for the second quarter ended June 30, down 32.1% from $115.5 million in the same quarter last year. Income declined to $2.1 million, compared with $4.8 million a year ago.

July 13, 2011

Composite deck maker Trex has announced preliminary second-quarter results, predicting lower-than-expected revenues of $78 million, as opposed to previous expectations of $115 million.

June 29, 2011

Winchester, Va.-based Trex Co. expanded its original September 2010 licensing agreement with Syracuse, Ind.-based Poly-Wood to develop and market additional categories of outdoor living furniture.  

Under the expanded agreement, the Trex Outdoor Furniture collection will grow to include porch swings, rockers and benches along with retractable patio and deck shade umbrellas. All new designs will combine style, comfort and durability and will complement low-maintenance and eco-friendly Trex outdoor living spaces. 

May 25, 2011

Florida-based Decks & Docks Lumber is a new outlet for Trex Transcend decking and railing. Decks & Docks is a nine-location marine construction material dealer.

“We’re excited to expand our relationship with Trex because we feel the advances they've made in the composite market are substantial and address the needs of the future,” said Gary Roberts, owner of Decks & Docks.

May 2, 2011

Trex Co., a leading manufacturer of composite decking, has acquired the assets of Iron Deck Corp., a manufacturer of steel deck framing systems based in Denver.

Trex Co., a leading manufacturer of composite decking, has acquired the assets of Iron Deck Corp., a manufacturer of steel deck framing systems based in Denver. Trex said it will now manufacture and market a new steel deck framing product called Trex Elevations at its Fernley, Nev., and Winchester, Va., facilities.

April 11, 2011

Winchester, Va.-based Trex Co. is the sponsor of the fourth annual HGTV Green Home. Located in the sustainable neighborhood of Stapleton in northwest Denver, the modern-prairie style structure features the latest environmentally friendly products and technologies.  

The 2,400-sq.-ft. home features an expansive outdoor living space with a deck constructed of Trex Transcend.

A leader in wood-alternative decking, Trex said it turns 1.5 billion recycled plastic bags into its outdoor living products each year. 

February 28, 2011

Winchester, Va.-based Trex Co. reported net sales for the fourth quarter of 2010 totaled $75.3 million, up 47% from net sales of $51.2 million for the 2009 fourth quarter. 

The wood-alternative decking and railing manufacturer reported a net loss of $0.5 million in the quarter ended Dec. 31, 2010, compared with a net loss of $0.3 million in the 2009 period. 

February 17, 2011

Winchester, Va.-based Trex Co, announced a change in its accounting for inventories from a specific goods last in, first out (LIFO) approach to a Link Chain LIFO method. 

The new method is preferable for several reasons, according to Trex:

January 4, 2011

Winchester, Va.-based Trex has introduced a deck design program for contractors, designers and landscape architects.

The software, called DeckWorks, operates as a plug-in for the popular Vectorworks platform for landscape architects, designers and contractors. The program allows professionals to produce and output photo-realistic 3-D renderings of outdoor living spaces for their customers.

January 4, 2011

Winchester, Va.-based Trex has introduced a deck design program for contractors, designers and landscape architects.

The software, called DeckWorks, operates as a plug-in for the popular Vectorworks platform for landscape architects, designers and contractors. The program allows professionals to produce and output photo-realistic 3-D renderings of outdoor living spaces for their customers.