New Decking and Railing Couples Enduring Beauty and Unmatched
Performance
WINCHESTER, Va.--(BUSINESS WIRE)--Nov. 16, 2009--
The best has just gotten better. Already the established industry
leader, Trex Company (NYSE: TWP) is expanding its portfolio of durable
and beautiful outdoor living products with the new Trex Transcend™ decking
and railing system. This revolutionary collection boasts an
unprecedented combination of perfor...
Enhanced One-inch Trex Contours®
and Trex Accents® Offer Product
Consistency
WINCHESTER, Va.--(BUSINESS WIRE)--Nov. 9, 2009--
Trex® recently announced the debut of one-inch
board profiles on two of its best-selling collections – Trex Accents®
and Trex Contours®. These enhancements were the direct
result of feedback from Trex's industry partners and set the stage for
larger changes to the overall Trex product portfolio &#...
Major New Decking Launch and Enhancement of Current Decking
Product Platform Underway
3Q Results Include Non-Cash Charge for Olive Branch Facility
$40 Million of Cash on Balance Sheet at Quarter-End
Symbol Change to TREX Effective November 23, 2009
WINCHESTER, Va.--(BUSINESS WIRE)--Nov. 9, 2009--
Trex Company, Inc. (NYSE: TWP), manufacturer and distributor of Trex®
decking, railing, fencing and trim, tod...
WINCHESTER, Va.--(BUSINESS WIRE)--Nov. 6, 2009--
Trex Company, Inc. (NYSE: TWP), the nation’s leading manufacturer and
distributor of wood alternative decking, railing, fencing and trim,
today announced that it has successfully refinanced its revolving credit
facility.
President and CEO Ron Kaplan commented, “The refinancing – which follows
our redemption in September 2009 of the $25 million principal
outstanding on...
WINCHESTER, Va.--(BUSINESS WIRE)--Oct. 15, 2009--
Trex Company, Inc. (NYSE:TWP), manufacturer of Trex® decking
and railing, will release its third-quarter-2009 results before the NYSE
opens for regular trading on Monday, November 9, 2009. The company will
hold its quarterly earnings conference call at 8:00 a.m. ET on November
9, 2009. These activities have been scheduled to coordinate with the
Trex 2009 Distributor Meeting, which will also be held th...
WINCHESTER, Va., Sep 09, 2009 (BUSINESS WIRE) -- Trex Company, Inc. (NYSE: TWP), the nation's leading manufacturer and
distributor of wood alternative decking, railing, fencing and trim,
announced today that the U.S. Court of Appeals for the Federal Circuit
has affirmed a Federal District Court ruling that the Company does not
infringe patents owned by Ron Nystrom.
Mr. Nystrom commenced the litigation in 2001, when he alleged that the
Company's products a...
WINCHESTER, Va.--(BUSINESS WIRE)--Aug. 21, 2009--
Trex Company, Inc. (NYSE: TWP), the nation’s leading manufacturer and
distributor of wood alternative decking, railing, fencing and trim,
today announced that a notice of redemption has been sent to holders of
all Variable Rate Demand Environmental Improvement Revenue Bonds (Trex
Company, Inc. Project) Series 2004. The bonds, totaling $25 million and
issued by the Mississippi Business Finance Co...
WINCHESTER, Va.--(BUSINESS WIRE)--Aug. 11, 2009--
Trex Company, Inc. (NYSE: TWP), the nation’s leading manufacturer and
distributor of wood alternative decking, railing, fencing and trim,
today announced it will present at the following analyst or industry
conferences:
Canaccord Adams Global Growth ConferenceDate: August 12,
2009Time: 3:00 PM ETLocation: Boston, MAPresenters:
Ronald Kaplan, President & CEO...
WINCHESTER, Va.--(BUSINESS WIRE)--Jul. 31, 2009--
Trex Company, Inc. (NYSE: TWP), the nation’s leading manufacturer and
distributor of wood alternative decking, railing, fencing and trim,
announced today that it has entered into a Settlement Agreement that
will resolve a class action suit filed in California by a group of
plaintiffs’ class action law firms alleging certain product defects. The
settlement was preliminarily approved by the ...
WINCHESTER, Va.--(BUSINESS WIRE)--Jul. 29, 2009--
Trex Company, Inc. (NYSE: TWP), manufacturer and distributor of Trex®
decking, railing, fencing and trim, today announced financial results
for the second quarter ended June 30, 2009.
Net sales for the second quarter of 2009 totaled $91.5 million compared
to net sales of $95.0 million for the 2008 second quarter. The company
reported net income of $7.4 million, or $0.49 per diluted share, fo...
WINCHESTER, Va.--(BUSINESS WIRE)--Jul. 27, 2009--
Trex Company, Inc. (NYSE:TWP) today announced that the valuation
allowance related to its deferred tax assets was understated beginning
in December of 2007. The Company will therefore restate its financial
results for the years 2007 and 2008 and the first three months of 2009.
The restatements will have the cumulative effect of decreasing the
Company’s reported net income for 2007 thro...
WINCHESTER, Va.--(BUSINESS WIRE)--Jul. 13, 2009--
Trex Company, Inc. (NYSE: TWP), manufacturer of Trex® decking
and railing, will release its second-quarter-2009 results before the
NYSE opens for regular trading on Wednesday, July 29, 2009.
The company will hold its quarterly conference call at 10:00 a.m. ET on
July 29, 2009. To participate in the live call by telephone, please dial
706-634-1218 and reference conference ID #18436576. A live...
WINCHESTER, Va.--(BUSINESS WIRE)--Jun. 4, 2009--
With the economy still in decline, a large percentage of the nearly 40
million Americans who own decks might choose a “stay-cation” over a
vacation this summer – enjoying leisure time at home with family and
friends. However, homeowners with older wood decks may notice that their
decks are falling into disrepair and becoming more of an eyesore than a
warm weather oasis.
...
WINCHESTER, Va.--(BUSINESS WIRE)--May. 11, 2009--
Trex Company, Inc. (NYSE: TWP), manufacturer of Trex® decking and
railing, today announced the appointment of Richard E. Posey to a newly
created position on its Board of Directors.
Mr. Posey, 62, served as President and Chief Executive Officer of Moen
Incorporated, a leading manufacturer in the global faucet market, for
six years before retiring in 2007. Prior to joining Moen, Mr. Posey was...
WINCHESTER, Va.--(BUSINESS WIRE)--Apr. 30, 2009--
Trex Company, Inc. (NYSE: TWP), manufacturer and distributor of Trex®
decking, railing, fencing and trim, today announced financial results
for the first quarter ended March 31, 2009.
Net sales for the first quarter of 2009 totaled $67.7 million compared
to net sales of $119.5 million for the 2008 first quarter. The Company
reported a net loss for the 2009 first quarter of $3.1 million, or $...
WINCHESTER, Va--(BUSINESS WIRE)--Apr. 15, 2009--
Trex Company, Inc. (NYSE:TWP), manufacturer of Trex® decking
and railing, will release its first-quarter-2009 results before the NYSE
opens for regular trading on Thursday, April 30, 2009.
The company will hold its quarterly conference call at 10:00 a.m. ET on
April 30, 2009. To participate in the live call by telephone, please
dial 706-634-1218 and reference conference ID #94427625. A live w...
Achieves Gross Margin of 27.8%; Positive Cash Balance of $23.2 Million at Year-End
WINCHESTER, Va.--(BUSINESS WIRE)--Feb. 27, 2009--
Trex Company, Inc. (NYSE: TWP), manufacturer and distributor of Trex®
decking, railing, fencing and trim, today announced financial results
for the fourth quarter and fiscal year ended December 31, 2008.
For fiscal year 2008, Trex Company reported net sales of $329.2 million,
compared to net sales of $329.0 million fo...
WINCHESTER, Va.--(BUSINESS WIRE)--Feb. 9, 2009--
Trex Company, Inc. (NYSE: TWP), manufacturer of Trex® decking
and railing, will release its fourth-quarter and full-year 2008 results
before the NYSE opens for regular trading on Friday, February 27, 2009.
The company will hold its quarterly conference call at 10:00 a.m. ET on
Friday, February 27, 2009. To participate in the live call by telephone,
please dial 706-634-1218 and reference confere...
WINCHESTER, Va.--(BUSINESS WIRE)--Jan. 16, 2009--Trex Company, Inc. (NYSE: TWP), the nation's leading manufacturer and
distributor of wood alternative decking, railing, fencing and trim,
responded to a class action suit filed in Washington by a plaintiffs'
class action law firm alleging certain product defects.
In response to the claims of the case, which focus on product surface
flaking, Ronald Kaplan, president and CEO of Trex Company, noted that,...
