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Trex Company Pitches in to Help Rebuild Community, Outdoor Attractions of ''The Big Easy''
Decking Leader Announces Initiatives at Annual Distributor Summit to Extend Its Green Commitments, to Provide Product Donations and Support Towards Revitalizing New Orleans
WINCHESTER, Va.--(BUSINESS WIRE)--Oct. 11, 2007--Trex Company, Inc. (NYSE:TWP), the alternative decking category leader, announced today new social and environmental responsibility initiatives to help rebuild New Orleans with donations of time and decking products for community venues that mark the city's cultural, seaside and fishing heritage. To kick off the new program, over 160 Trex employees and building material distributor partners today, in association with Habitat for Humanity, embarked on a full work day to help complete the celebrated Musician's Village. Trex, known for high performance decking, railing and fencing products made with recycled materials, also announced its intent to contribute an initial $75,000 worth of decking products toward rebuilding efforts. This donation could potentially supply decking materials for more than 40 single-family homes, or for several public walkway and marina projects.
During the work day today, Trex Company employees and distributor partner volunteers from around the country teamed up to help build walls, shingle roofs, paint walls and lay foundations for homes within Musician's Village. Musician's Village is an Upper Ninth Ward neighborhood conceived by Harry Connick, Jr., and Branford and Ellis Marsalis to house displaced New Orleans musicians and other Habitat partner families.
Additionally, Trex Company representatives have entered discussions to contribute decking products for future Habitat projects as well as for other significant community rebuilding efforts, which will be announced at a later date once details have been finalized.
"Trex is a company founded on green principles and values," said Chief Executive Officer Andrew U. Ferrari. "Our New Orleans initiatives demonstrate our belief that as the leader in this industry, we have a responsibility and unique opportunity to be part of the solution to environmental and community challenges. The initial priority for many local residents has been basic shelter. At this point in the rebuilding process, improving the lifestyle of those affected is becoming a key objective. We're eager to acknowledge and support the community and neighborhood building that takes place on a backyard deck or public dock. We appreciate that our distributor network is fully supportive, and our retail customers have been very encouraging of our ongoing efforts to make a positive difference."
Trex decking, railing and fencing is made primarily from recycled plastic grocery bags, reclaimed pallet wrap and waste wood. Last year, Trex Company used more than 250 million pounds of recycled and reclaimed plastic and equal amounts of waste wood to manufacture its products. "Our work in New Orleans is just one more example that, as more consumers recycle their plastic supermarket grocery bags, we will put them to good use," said Ferrari.
Trex decking is used for miles of seaside boardwalk, for the Presidential Trail at Mount Rushmore, for walkways throughout the Florida Everglades, and on more than a million backyard decks throughout North America.
About Trex Company
Trex Company (NYSE:TWP) 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(R). 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. For more information, visit the Company's website, www.trex.com. Trex(R), is a registered trademark of Trex Company, Inc., Winchester, Va.
CONTACT: Trex Company, Inc.
Lorna Bush, 415-392-1000
lornabush@finemanpr.com
SOURCE: Trex Company