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Trex Company Inc (TREX) Q4 2020 Earnings Call Transcript

Trex Company Inc (TREX) Q4 2020 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Trex Company Inc (NYSE: TREX) Popular Searches Operator Good afternoon and welcome to the Trex Company Fourth Quarter and Full Year 2020 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded. I would now like to turn the conference over to Viktoriia Nakhla. Please go ahead. This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company s SEC filings. Please see our

Trex sets company record with 2020 sales of $881M

The maker of composite decking looks to meet needs of new home builders in addition to homeowners taking on improvement projects.

Trex Celebrates $200M Capacity Expansion Milestone

WhatsAppLINKEDINFACEBOOKTWITTERPRINTMORE WhatsAppLINKEDINFACEBOOKTWITTERPRINTMORE Date: 14 January 2021Source: www.trex.com Photo source Date: 14 January 2021 Trex Company has entered 2021 celebrating a historic milestone – the startup of its new Virginia production facility that is at the heart of its $200 million capital investment and expansion program, announced in 2019. Since the mid-1990s, Trex Company  has invented and revolutionized the composite decking category with its industry-leading lineup of low-maintenance, high-performance, eco-friendly products that have fundamentally changed the way people live outdoors. For more than 25 years, the company has focused on product innovation, operational excellence and partnerships with outstanding distributors, dealers and contractors – always with an eye on “engineering what’s next in outdoor living.”

Trex brings additional US manufacturing online

Trex brings additional US manufacturing online Trex Co. Inc. Trex has completed an expansion of its Winchester, Va., plant, adding more capacity for its growing decking business. Composite decking manufacturer Trex Co. Inc. opened 200,000 square feet of manufacturing and support facilities next to its headquarters in Winchester, Va., capping off a $200 million expansion program that increased capacity by 70 percent in about 18 months. The extruder of recycled polyethylene and wood fiber decking announced in June 2019 that it would add production lines in Fernley, Nev., and build the Winchester facility to meet increased demand for low-maintenance products that enhance outdoor living spaces.

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