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Trex adding capacity a month ahead of schedule Print Extra capacity is coming online faster than initially projected for Trex Co. Inc. s new manufacturing facility at its headquarters site in Winchester, Va. We now expect all lines in our new plant to be fully operational by the end of May 30 days ahead of schedule, President and CEO Bryan Fairbanks said during a May 10 first quarter conference call with investment bankers. The expansion will provide about 70 percent more capacity compared to 2019 volume levels and give Trex an important competitive advantage in the dynamic composite decking marketplace, Fairbanks added. Currently, the utilization rate is 100 percent. ....
Operator Good afternoon, and welcome to the Trex Corp Company First Quarter 2021 Earnings Conference Call. [Operator Instructions] I would now like to turn the conference over to Viktoriia Nakhla. Please go ahead. Viktoriia Nakhla Investor Relations Thank you all for joining us today. With us on the call are Bryan Fairbanks, President and Chief Executive Officer; and Dennis Schemm, Senior Vice President and Chief Financial Officer. Joining Bryan and Dennis is Bill Gupp, Senior Vice President, General Counsel and Secretary as well as other members of Trex management. The company issued a press release today after market close containing financial results for the first quarter 2021. This release is available on the company s website. This conference call is also being webcast and will be available on the Investor Relations page of the company s website for 30 days. ....