Trex Company, Inc.
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| Public | |
| Traded as | : TREX S&P 600 Component |
| Industry | Consumer Discretionary |
| Founded | 1996 |
| Headquarters | Winchester, VA |
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Area served
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U.S.A., International |
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Key people
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James E. Cline (President and CEO) |
| Products | decking, railing |
| Revenue |
 US$ 441 million (2015) |
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US$ 77.4 million (2015) |
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US$ 48.1 million (2015) |
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| Total assets |
US$ 211.9 million (2015) |
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Number of employees
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630 |
| Website | www |
Trex Company, Inc. known to global consumers and others simply as Trex or Trex Decking, is the leading recycled materials manufacturer of wood-alternative decking, railings and other outdoor items. It has been a public company since 1999 and trades on the New York Stock Exchange under the ticker symbol “TREX”. The company was founded in 1996 and is headquartered in Winchester, VA, USA. With manufacturing facilities in Fernley, Nevada and Winchester, Virginia, the company’s products are sold in 29 countries. Trex products are carried by approximately 6,700 retail locations worldwide.
According to public documents, the company is the world’s largest manufacturer of wood-alternative decking and railing, with approximate 2015 annual revenues reported of $441 million, annual operating income of $77.4 million and net income of $48.1 million. James E. Cline was named President and CEO of Trex effective August 17, 2015. Bryan H. Fairbanks was named Vice President and CFO effective August 17, 2015. Key executives of Trex Decking include; James E. Cline, President and Chief Executive Officer; Bryan H. Fairbanks, Vice President and Chief Financial Officer; Ron Kaplan, Chairman; Jay Scripter, Vice President of Operations, Chris Gerhard, Vice President, Sales; Adam Zambanini, Vice President, Marketing; Bill Gupp, Chief Administrative Officer, General Counsel and Secretary.
Trex is widely considered as one of the inventors of composite decking made from recyclable materials. 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.
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. 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. Since the feedstock is easy to handle it provides manufacturers with lots of control over the process. Prompted by the prospect of environmental regulations mandating recycled materials, this process uses spent sawdust and plastic material rather than disposing of it.”
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Wikipedia