Skip to content

Trex Sells Commercial Division to Focus on Outdoor Living

Trex Company, Inc. has sold its subsidiary, Trex Commercial Products, Inc., to Minnesota-based Sightline Commercial Solutions, LLC. to focus on its outdoor living segment.

Table of Contents

Trex Company, Inc. has sold its subsidiary, Trex Commercial Products, Inc., to Minnesota-based Sightline Commercial Solutions, LLC. to focus on its outdoor living segment.

“The divestiture of the Trex Commercial segment reflects our decision to focus on driving the most profitable growth strategy for Trex and its shareholders through the execution of our outdoor living strategy. With the sale complete, we will dedicate our resources to accelerating conversion to composites from wood and further strengthen our leadership position in the outdoor living category,” said Bryan Fairbanks, president and CEO.

The sale of Trex Commercial’s assets closed on December 30, 2022. For the nine months ended September 30, 2022, the Trex Commercial segment had sales of $35.1 million, 3.8 percent of the company’s consolidated net sales, and incurred a net loss of $2.4 million.

Latest

New Castle Steel Expands into New Markets

New Castle Steel Expands into New Markets

New Castle Steel has partnered with midwestern-based sales company, SLA Manufacturers Representatives, to expand its representation into North Dakota, South Dakota, Wyoming, Montana, Iowa, Nebraska, Wisconsin, Minnesota and the northern Illinois markets.

Teak-Like Decking and Marine Docking System

Teak-Like Decking and Marine Docking System

The patented Ocean Decks, a new decking constructed of industrial-grade PVC that is laminated with a teak-like surface, will be unveiled at IBS this week. The boards allow for a 24” or greater joist span and require no spacing between boards due to its interlocking design.