Trex Company, Inc. Dividend History (TREX)
Trex Company, Inc. does not pay dividends currently š
They might in the future, check back soon!
About Trex Company, Inc.
Trex Company, Inc. is a leading manufacturer of wood-alternative decking and railing products, renowned for its innovative and eco-friendly approach. Founded in 1996, the company pioneered the composite decking industry by creating products using recycled materials. As of 2023, Trex is headed by CEO Bryan H. Fairbanks, who has been instrumental in driving the company's growth and sustainability initiatives. Trex's products are popular for their durability, low maintenance, and environmental benefits, making them a preferred choice for consumers seeking long-lasting outdoor solutions. With its headquarters in Winchester, Virginia, Trex continues to expand its global footprint, achieving annual revenues in the hundreds of millions, thanks to its commitment to quality and sustainability. The company's dedication to using 95% recycled content in its decking has earned it a reputation as an industry leader in eco-friendly building solutions.
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The global wooden decking market is expected to grow from $8 billion in 2023 to $10.75 billion by 2033, driven by increasing home renovation and remodeling projects. North America is the dominant market, with pressure-treated wood and the residential segment leading the growth.
GlobeNewswire Inc. Ā· Published on Thu Aug 01 2024