SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
______________

FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15 (d) OF THE
SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): February 26, 2008

TREX COMPANY, INC.
(Exact name of registrant as specified in its charter)

Delaware	001-14649	54-1910453
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

160 Exeter Drive Winchester, Virginia		22603-8605
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code: (540) 542-6300

Not Applicable
(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

⃞ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

⃞ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

⃞ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

⃞ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02     Results of Operations and Financial Condition.

On February 26, 2008 Trex Company, Inc. issued a press release announcing financial results for the quarter ended December 31, 2007. A copy of such press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

The information contained in this report on Form 8-K shall not be deemed to be filed for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section.

Item 9.01     Financial Statements and Exhibits.

(d) Trex Company herewith files the following exhibit:

Exhibit		Description of Exhibit
99.1		Press release dated February 26, 2008

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			TREX COMPANY, INC.
Date:	February 26, 2008		/s/ Anthony Cavanna
			Anthony Cavanna
			Chief Financial Officer

Exhibit 99.1

Trex Company Announces Fourth-Quarter and Full-Year 2007 Results

WINCHESTER, Va.--(BUSINESS WIRE)--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, 2007.

Net sales for the fourth quarter of 2007 totaled $30.3 million, compared to net sales of $32.1 million for the fourth quarter of 2006. The Company reported a net loss for the 2007 fourth quarter of $41.0 million, or $2.75 per diluted share, compared to a net loss of $13.8 million, or $0.93 per diluted share, for the 2006 fourth quarter. The Company’s fourth-quarter 2007 results were adversely affected by charges totaling $22 million.

For the full 2007 year, Trex reported net sales of $329.0 million, compared to net sales of $337.0 million for 2006, which represents a 2.4% decrease. The Company reported a net loss of $75.9 million, or $5.10 per diluted share, for 2007 compared to net income of $2.3 million, or $0.16 per diluted share for 2006. The Company’s 2007 results were adversely affected by charges totaling $94 million.

President and Chief Executive Officer Ronald W. Kaplan commented, "We are extremely disappointed with 2007 financial results, which were burdened with charges stemming from poor control over manufacturing operations, quality and fixed asset management. Since I joined Trex on January 7, 2008, we have been taking decisive actions to right-size the Company, recruit new management, control costs and enhance operating and financial controls. For example, last week we reduced Trex’s salaried workforce by approximately 30 people, resulting in annual savings of $3.5 million.

“Nevertheless, Trex’s steady sales illustrate our success in improving product quality, the strength of the Trex brand and the expansion of our distribution network. We are pleased with the Company’s sales performance considering the soft market conditions and overall downturn in the building materials industry. Importantly, the Company also managed its cash position well during the 2007 fourth quarter, ending the year with no borrowings on our revolving line of credit – an improvement over previous guidance.

"Even though 2008 will present challenges to our Company given the expected continued economic and housing downturn, we are positioned through our quality and new product initiatives to post strong top-line performance, and we remain focused on building the pre-eminent brand in the outdoor living products category with our best-in class product offerings. We are particularly pleased that the market is acknowledging the remarkably improved quality of our core products. Our capital spending over the last 24 months is contributing to improved productivity and manufacturing cost reductions. In addition, we expect to improve gross margins in 2008 as operating performance continues to improve over early 2007 levels.”

Mr. Kaplan concluded, "We are fully committed to restoring Trex Company’s financial health and providing a competitive return to our shareholders. We recently added two new members to the executive staff, Vice President and Chief Financial Officer James E. Cline and Vice President of Operations Timothy F. Reese. Jim and Tim will complement the existing executive team and together we will continue building on the work that has been done thus far to drive profitability and improve liquidity. In today’s very difficult housing market, we are gratified by the steady pace of our sales and expect first-quarter 2008 revenue to be approximately on par with the $115.9 million in revenue realized in the first quarter of 2007.”

The Company's full-year 2007 results were adversely affected by charges totaling $94 million. The Company recognized charges of $72 million through the 2007 third quarter, which included a combined $64 million of period costs and reserves related to a product defect for decking material manufactured at its Nevada plant between 2003 and mid-2006 and a $9 million inventory adjustment for the obsolescence of discontinued product and product that did not meet the Company’s quality standards. The Company recognized additional charges of $22 million in the 2007 fourth quarter, which included an increase of $1.5 million to the above-mentioned product defect reserve, a $9 million charge against revenue in distributor credits related to the Company’s voluntary decision to take back older-generation Trex Accents® product, $6 million of fixed asset write-offs which were charged to selling, general and administrative expenses and $5.5 million of other expenses.

Fourth-Quarter and Full-Year 2007 Conference Call and Webcast Information

Trex will hold a conference call to discuss its 2007 fourth-quarter and year-end results on Tuesday, February 26, 2008 at 10:00 a.m. ET. A live webcast of the conference call will be available to all investors in the Investor Relations section of the Trex Company website at www.trex.com. The call will also be simulcast at www.streetevents.com.

For those who cannot listen to the live broadcast, the webcast will be available on Trex’s website for 30 days. A telephone replay of the call will also be available for seven days, beginning at approximately 1:00 p.m. ET on February 26. To listen to the telephone replay, dial 706-645-9291 and enter conference ID #32443266.

About Trex Company

Trex Company is the nation’s largest manufacturer of composite decking, railing and fencing, with over 15 years of product experience. Products are marketed under the brand name Trex®. Made from a unique formulation of reclaimed wood and plastic, combined through a proprietary process, Trex decking, railing and fencing offer significant design flexibility with fewer ongoing maintenance requirements than wood. In addition, Trex distributes ultra-low maintenance PVC decking under the trademark Trex Escapes™ and PVC trim under the trademark Trex Trim™. For more information, visit the Company’s website, www.trex.com. Trex®, Trex Accents®, Trex Escapes™ and Trex Trim™ are trademarks of Trex Company, Inc., Winchester, Va.

The statements in this press release regarding the Company's expected sales performance and operating results, its projections of net sales, net income, earnings per share and costs, its anticipated financial condition and its business strategy constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are subject to risks and uncertainties that could cause the Company's actual operating results to differ materially. Such risks and uncertainties include the extent of market acceptance of the Company's products; the sensitivity of the Company's business to general economic conditions; the Company's ability to obtain raw materials at acceptable prices; the Company’s ability to maintain product quality and product performance at an acceptable cost; the level of expenses associated with product replacement and consumer relations expenses related to product quality; and the highly competitive markets in which the Company operates. The Company's report on Form 10-K filed with the Securities and Exchange Commission on April 2, 2007 and its subsequent filings on Form 10-Q and Form 8-K discuss some of the important factors that could cause the Company's actual results to differ materially from those expressed or implied in these forward-looking statements. The Company expressly disclaims any obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

TREX COMPANY, INC.
Condensed Consolidated Statements of Operations
(In thousands, except share and per share data)
(Unaudited)
	Three Months Ended December 31,								Year Ended December 31,
	2006				2007				2006			2007
Net sales	$	32,107			$	30,289			$	336,956		$	328,952
Cost of sales		36,743				34,999				257,671			289,529
Gross profit (loss)		(4,636	)			(4,710	)			79,285			39,423
Selling, general and administrative expenses		16,485				27,466				73,223			119,439
Income (loss) from operations		(21,121	)			(32,176	)			6,062			(80,016	)
Interest expense, net		860				2,754				3,011			8,995
Income (loss) before income taxes		(21,981	)			(34,930	)			3,051			(89,011	)
Provision (benefit) for income taxes		(8,190	)			6,068				708			(13,099	)
Net income (loss)	$	(13,791	)		$	(40,998	)		$	2,343		$	(75,912	)
Diluted earnings (loss) per share	$	(0.93	)		$	(2.75	)		$	0.16		$	(5.10	)
Diluted weighted average shares outstanding		14,843,318				14,899,675				14,892,966			14,884,174

	TREX COMPANY, INC.
	Condensed Consolidated Balance Sheets
	(In thousands, except share data)
	(unaudited)
			31-Dec-06				31-Dec-07
ASSETS
Current assets:
	Cash and cash equivalents		$	672			$	66
	Accounts receivable			18,140				6,588
	Inventories			111,434				92,569
	Prepaid expenses and other assets			3,201				2,617
	Income taxes receivable			6,480				2,376
	Deferred income taxes			3,180				16,007
	Total current assets			143,107				120,223
Property, plant and equipment, net				198,525				193,944
Goodwill				6,837				6,837
Debt-related derivatives				359				--
Other assets				3,489				7,722
	Total assets		$	352,317			$	328,726
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
	Accounts payable and accrued expenses		$	57,834			$	41,359
	Accrued warranty			2,467				21,084
	Line of credit			44,132				--
	Current portion of long-term debt			9,115				1,198
	Total current liabilities			113,548				63,641
	Deferred income taxes			17,217				15,763
	Accrued taxes			--				3,620
	Non-current accrued warranty			--				18,901
	Debt-related derivatives			747				1,044
	Long-term debt, net of current portion			51,390				131,730
	Total liabilities			182,902				234,699
Stockholders’ equity:
	Preferred stock, $0.01 par value, 3,000,000 shares authorized; none issued and outstanding			--				--
	Common stock, $0.01 par value, 40,000,000 shares authorized; 14,913,889 and 15,076,738 shares issued and outstanding at December 31, 2006 and 2007, respectively			149				151
	Additional paid-in capital			62,986				66,523
	Deferred compensation			--				--
	Accumulated other comprehensive loss			(278	)			(557	)
	Retained earnings			106,558				27,910
	Total stockholders’ equity			169,415				94,027
	Total liabilities and stockholders’ equity		$	352,317			$	328,726

TREX COMPANY, INC.
Condensed Consolidated Statements of Cash Flows
(In thousands)
(Unaudited)
	Twelve Months Ended December 31,
	2006				2007
OPERATING ACTIVITIES
Net income	$	2,343			$	(75,912	)
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		20,262				22,491
Other non-cash charges, net		2,255				(2,729	)
Changes in operating assets and liabilities		(28,898	)			54,987
Net cash used in operating activities	$	(4,038	)		$	(1,163	)
INVESTING ACTIVITIES	$	(27,743	)		$	(24,035	)
FINANCING ACTIVITIES	$	31,058			$	24,592
Net decrease in cash and cash equivalents	$	(723	)		$	(606	)
Cash and cash equivalents at beginning of period	$	1,395			$	672
Cash and cash equivalents at end of period	$	672			$	66

CONTACT:
Trex Company, Inc.
Anthony J. Cavanna, 540-542-6300
Chief Financial Officer
OR
Lippert/Heilshorn & Assoc.
Harriet Fried, 212-838-3777