| Trex is manufactured from a 50-50 mix of sawdust
and 100 percent recycled polymer plastic, which comes from recycled grocery
bags and stretch-film used to shrink-wrap large items for shipping. The
decking costs more than treated wood, but it offers several advantages:
It is impervious to weather and insects, and it won't split, check, rot
or cup like real wood. Plus, it doesn't splinter.
Trex officials say contractors like the material
because it can be cut as easily as wood and bent into shapes that wood
could never tolerate -- leading to some pretty creative sundecks. It requires
no sanding, sealing or painting, and homeowners and commercial users like
it because there is little or no maintenance.
"We believe we have established our brand
as the premier decking material in the marketplace," says Anthony
Cavanna, Trex's chief financial officer. "We have continued to be
in a 'sold-out' position for over two years." To meet the increasing
demand, Trex plans to double its manufacturing capacity by the end of the
year, adding two production lines at the Winchester plant, which employs
170, and two lines at a new plant due to open this fall in Fernley, Nevada.
Trex targets a niche market, but it's a $2
billion niche. You won't find the product at Lowe's or Home Depot, Cavanna
says, because the typical homeowner will look at a Trex decking board and
reject it because it costs up to twice as much as treated wood.
But since Trex is used only for walking surfaces,
not for structural timbers, the ultimate cost of a Trex-topped deck is
only 10 percent to 15 percent more than if it were 100 percent wood.
In addition to its success in residential markets,
the material now covers boardwalks at Busch Gardens, Disney World, Everglades
National Park and the presidential trail at Mount Rushmore.
Trex has been accepted quickly in central Virginia,
which has a reputation for being stubbornly old-fashioned, says Richie
Siewers, vice president of Siewers Lumber & Millwork in Richmond. "It
fits our niche well, which is a high-end market. It looks better than wood,
especially after the wood has weathered, and it doesn't have to be sealed
every year. You just sweep and clean it occasionally."
Although Trex advertising doesn't emphasize
the product's environmental advantages, the company estimates that more
than half of all the plastic grocery bags recycled in America become Trex
lumber. The company advises retailers and users of wood products on how
to set up recycling programs for plastic and sawdust.
Formulated by Philadelphia chemist Roger Wittenberg,
Trex was originally marketed as Rivenite. Then, in 1992, Mobil Chemical
Co. bought the company, hired Wittenberg as technical manager and moved
the operation to Winchester, where Bob Matheny became general manager and
Andy Ferrari supervised sales.
The three men bought the company from Mobil
in 1996 and enticed another former Mobil employee, Cavanna, to join them
as CFO. Matheny is the current president; Wittenberg is in charge of research
and development; and Ferrari heads up marketing.
© April 1999, Media General Business Publications
Inc.,
publisher of Virginia Business Magazine
|