WPC: Trex Initiates Agreement with Lowe's Companies

The Trex Company has entered into an agreement with Lowe’s Companies to sell Trex decking and railing products. Beginning in the first quarter of 2007, selected Trex decking and railing products will be stocked nationally in Lowe’s stores, with the full product line available via special order through Trex’s existing distribution channels.

Chairman and Chief Executive Officer Anthony Cavanna commented, “Since our inception, Trex Company has been the leader in the composite decking and railing category. In addition to offering compelling products that satisfy all segments of the market, our goal is to make them available at all important locations where consumers shop for outdoor living products.

“Lowe’s, which has more than 1,325 home improvement stores nationwide, represents an exciting new opportunity for Trex to expand our presence in the retail channel. It also complements the very effective professional distribution channel we have developed over the past 10 years. By being broadly represented in all distribution channels, we can best continue to expand the market for composite decking, build awareness of Trex and increase our company’s sales.”

(Cf. news of 2007-01-15.)