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10.12.2024 15:00:00

Trex Company Teams with Weyerhaeuser to Expand Distribution Across California, Nevada, Arizona and New Mexico

Trex
76.84 USD -1.01%
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Trex Company (NYSE: TREX), the world’s leading manufacturer of wood-alternative decking and residential railing, has joined forces with Weyerhaeuser, a global leader in sustainable forestry and one of the largest manufacturers of wood products in North America, to significantly expand Trex’s presence across the Southwest region. This collaboration will enhance access to the brand’s premium decking and railing products for customers in California, Nevada, Arizona and New Mexico.

Weyerhaeuser will now stock the complete range of high-performance Trex® decking and railing products at strategically located distribution hubs, including locations in Redding, Stockton, Fresno, Santa Clarita and Fontana, California, as well as Phoenix, Arizona. As part of this relationship, Weyerhaeuser will exclusively offer Trex decking and railing solutions in these regions, emphasizing its commitment to providing the best outdoor living options to its customers.

This collaboration aligns with Trex’s strategic focus on expanding its market share in the residential railing segment. With the introduction of innovative railing systems designed for diverse styles and price points, Trex aims to become a comprehensive resource for outdoor living solutions.

"With the launch of our new railing lineup, this collaboration enables us to deliver an unparalleled combination of quality and innovation to even more customers,” said Bret Martz, Group Vice President of North American Professional Sales for Trex Company. "By leveraging Weyerhaeuser’s extensive distribution network, we’re poised to meet the growing demand for premium, sustainable, low-maintenance outdoor living products in key markets across the Southwest.”

Driving Growth in a Rapidly Expanding Market

Trex aims to double its share of the $3.3 billion residential railing market over the next five years, increasing its presence from 6% to 12%. Teaming with Weyerhaeuser represents a key milestone in the company’s growth strategy, particularly as it continues to expand its offerings in the railing category. Trex’s new railing product portfolio includes options such as steel, aluminum, cable, glass and composite systems, ensuring solutions for a variety of customer preferences.

For Weyerhaeuser, the relationship adds an exceptional line of sustainable outdoor living products to its already robust portfolio. Ross Theilen, vice president of Distribution at Weyerhaeuser, stated, "Trex is a leader in the industry, and their products align with our commitment to providing innovative, sustainable building materials. We’re thrilled to bring Trex’s premium offerings to our customers in California, Nevada, Arizona and New Mexico.”

Trex boasts the industry’s strongest distribution network with products sold through more than 6,700 retail outlets across six continents. For more information about Trex products, visit www.trex.com. For details on Weyerhaeuser’s building materials, visit www.weyerhaeuser.com/distribution.

About Trex Company

For more than 30 years, Trex Company [NYSE: TREX] has invented, reinvented and defined the composite decking category. Today, the company is the world’s #1 brand of sustainably made, wood-alternative decking and deck railing, and a leader in high performance, low-maintenance outdoor living products. The undisputed global leader, Trex boasts the industry’s strongest distribution network with products sold through more than 6,700 retail outlets across six continents. Through strategic licensing agreements, the company offers a comprehensive outdoor living portfolio that includes deck drainage, flashing tapes, LED lighting, outdoor kitchen components, pergolas, spiral stairs, fencing, lattice, cornhole and outdoor furniture – all marketed under the Trex® brand. Based in Winchester, Va., Trex is proud to have been named America’s Most Trusted® Outdoor Decking 4 Years in a Row (2021-2024). The company was also recently included on Barron’s list of the 100 Most Sustainable U.S. Companies 2024, named one of America’s Most Responsible Companies 2024 by Newsweek and ranked as one of the 100 Best ESG Companies for 2023 by Investor’s Business Daily. For more information, visit Trex.com. You may also follow Trex on Facebook (trexcompany), Instagram (trexcompany), X (Trex_Company), LinkedIn (trex-company), TikTok (trexcompany), Pinterest (trexcompany) and Houzz (trex-company-inc), or view product and demonstration videos on the brand’s YouTube channel (TheTrexCo).

About Weyerhaeuser

Weyerhaeuser Company, one of the world's largest private owners of timberlands, began operations in 1900 and today owns or controls approximately 10.5 million acres of timberlands in the U.S., as well as 14 million acres of timberlands managed under long-term licenses in Canada. Weyerhaeuser has been a global leader in sustainability for more than a century and manages 100 percent of its timberlands on a fully sustainable basis in compliance with internationally recognized sustainable forestry standards. Weyerhaeuser is also one of the largest manufacturers of wood products in North America and operates additional business lines around real estate, climate solutions, energy and natural resources, among others. In 2023, the company generated $7.7 billion in net sales and employed approximately 9,300 people who serve customers worldwide. Operated as a real estate investment trust, Weyerhaeuser’s common stock trades on the New York Stock Exchange under the symbol WY. Learn more at www.weyerhaeuser.com.

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Die Assetklasse Private Debt erklärt | BX Swiss TV

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Mini-Futures auf SMI

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