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Trex Company Appoints Patricia B. Robinson to Board of Directors
WINCHESTER, Va.--(BUSINESS WIRE)--Nov. 30, 2000--Trex Company (NYSE:TWP), manufacturer of Trex(R) Easy Care Decking(R), today announced the appointment of Patricia B. Robinson, age 48, to fill a newly created position on the Board of Directors.
Ms. Robinson joins the board with over 20 years of industry experience at Mead Corporation, a $4 billion forest products company, where she held several top management positions. Most recently, Ms. Robinson served as President of Mead School and Office Products, the consumer products division of Mead Corporation. In this capacity, Ms. Robinson led the transformation of the $500 million organization into a growth-oriented, market driven company by developing marketing, operations, and organizational strategies to address current and anticipated customer needs.
Robert Matheny, President, stated, "Through her many years at Mead, Patricia has gained extensive, broad-based experience in both the commercial and consumer products businesses. She has demonstrated leadership skills in a growth-oriented culture with manufacturing and distribution challenges very similar to those faced by Trex Company. We are excited about the valuable insight and contributions she will make on our board as we strive to build the Trex(R) brand nationwide."
Ms. Robinson received her BA degree from Duke University in 1974 and her MBA degree from the University of Virginia in 1977.
Trex Company is the nation's largest manufacturer of non-wood decking, which is marketed under the brand name Trex(R). Trex Wood-Polymer(TM) lumber offers an attractive appearance and the workability of wood without the ongoing need for protective sealants or repairs. Trex decking is manufactured in a proprietary process that combines waste wood fibers and reclaimed polyethylene and is used primarily for residential and commercial decking. The Company sells its products through 73 wholesale distribution locations, which in turn sell Trex decking to more than 2,500 independent contractor-oriented retailer lumberyards across the United States.
For a Trex decking dealer near you, call 1-800-BUY-TREX (289-8739) or for dealers and product details, visit their website at www.trex.com.
Trex(R)Easy Care Decking(R)and Wood-Polymer(TM)Lumber 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 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 Company's ability to increase its manufacturing capacity, the sensitivity of the Company's business to general economic conditions 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 March 22, 2000 discusses 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 undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
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CONTACT: | Investor Contact: |
---|---|
Lippert/Heilshorn & Associates | |
John Nesbett | |
William Walkowiak, CFA | |
212/838-3777 | |
or | |
Media Contact for Trex Company: | |
Maureen Murray | |
973/993-1570 | |