Company Takes Top Honors in All Performance Areas for the
Composite Decking Industry
WINCHESTER, Va.--(BUSINESS WIRE)--Feb. 23, 2015--
It’s a clean sweep! First in Brand Familiarity. First in Brand Used
Most. First in Brand Used in the Past Two Years. First in Quality. Trex
Company (NYSE: TREX), the world’s largest manufacturer of
wood-alternative decking and railing, dominated the 2015 Builder
magazine Brand Use Study, outranking all other composite manufacturers
in every subcategory measured for the Composite/PVC Decking industry.
This year’s Study sets multiple records, as it marks the first time in
recent history that a single manufacturer has topped all four
subcategories. It’s also the eighth consecutive year that Trex has
earned no. 1 rankings in Brand Familiarity, Brand Used Most, and Brand
Used in the Past Two Years.
“Since first inventing the concept of durable and low-maintenance
outdoor living products more than 20 years ago, Trex has consistently
elevated the category by introducing design and manufacturing
innovations that have secured its position as the preferred brand among
both consumers and professionals,” said Ronald W. Kaplan, chairman,
president and CEO of Trex. “These rankings speak to Trex’s core mission,
and are a clear indication that quality, aesthetics and high-performance
can go hand-in-hand with eco-friendly values.”
This year’s Study is the first since Trex completed its strategic
transition to solely producing high-performance composite decking
materials in 2014. All Trex® decking collections now feature
the signature high-performance qualities first introduced in 2010 on the
company’s game-changing Trex Transcend® decking line, which
delivers superior durability and wear-resistance, along with ultra-low
maintenance and long-lasting good looks.
In that same time period, Trex has expanded its offerings into a full
portfolio of beautiful integrated outdoor living options. From its wide
selection of railing to Trex Elevations® Steel Deck Framing,
Trex Spiral Stairs™, Trex Outdoor Lighting™ and
accessories such as pergolas, Trex Outdoor Furniture™ and the
just-introduced Trex Outdoor Storage™ collection – Trex’s
product mix has grown far beyond decking to offer homeowners complete
outdoor living solutions.
“Our trade partners look to Trex to continually engineer ‘what’s next’
in outdoor living and we deliver with innovative materials that reflect
the needs of today’s consumers and the evolving outdoor living
landscape,” Kaplan said. “We truly value the trust and confidence that
these professionals place in our brand and are extremely proud to be
their manufacturer of choice.”
The 2015 BUILDER Brand Use Study sponsored by Hanley Wood and conducted
by The Farnsworth Group, a leading industry market research firm,
surveyed 1,128 respondents. Highlights of the study will be published in
the April 2015 issue of BUILDER as well as posted to BUILDER’s website, builderonline.com.
For more information about Trex products, visit trex.com.
About Trex Company
Trex Company is the world’s largest manufacturer of high performance
wood-alternative decking and railing, with more than 20 years of product
experience. Stocked in more than 6,700 retail locations worldwide, Trex
outdoor living products offer a wide range of style options with fewer
ongoing maintenance requirements than wood, as well as a truly
environmentally responsible choice. For more information, visit
trex.com. You also can follow Trex on Twitter (@Trex_Company), Pinterest
(trexcompany), or Houzz (trex-company-inc) “like” Trex on Facebook, or
view product and demonstration videos on the brand’s YouTube channel
(TheTrexCo).
Forward-Looking Statements
The statements in this press release regarding the Company's expected
future performance and condition 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
costs associated with the development and launch of new products and the
market acceptance of such new products; the sensitivity of the Company's
business to general economic conditions; the impact of weather-related
demand fluctuations on inventory levels in the distribution channel and
sales of the Company’s products; 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. Documents filed with the Securities and
Exchange Commission by the Company, including in particular its latest
annual report on Form 10-K and quarterly reports on Form 10-Q, 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.
Source: Trex Company
L.C. Williams & Associates
Hunter Hackett, or 312-565-3900
hhackett@lcwa.com
or
Katie
Hatcher, 800-837-7123
khatcher@lcwa.com