STOCK TITAN

Snavely Forest Products Goes All-in With Trex

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

Snavely Forest Products, a leading building products distributor, has announced its decision to go all-in with Trex. The company will now exclusively sell Trex decking and railing through its nationwide distribution network, including an expanded reach into the Colorado market. This move comes as Trex Company, the world's largest manufacturer of wood-alternative decking and railing, rolls out an expanded railing lineup for 2025.

The expanded offerings include new steel, aluminum, and cable and glass systems, as well as enhancements to the Select composite railing system. These additions position Trex as the #1 brand in decking and residential railing. Snavely Forest Products will now serve Colorado alongside its existing markets, capitalizing on the region's active building and remodeling sector.

Snavely Forest Products, un importante distributore di prodotti per l'edilizia, ha annunciato la sua decisione di impegnarsi totalmente con Trex. L'azienda venderà ora esclusivamente decking e ringhiere Trex attraverso la sua rete di distribuzione nazionale, ampliando la sua portata nel mercato del Colorado. Questa scelta arriva mentre Trex Company, il più grande produttore mondiale di decking e ringhiere alternative al legno, presenta una nuova gamma di ringhiere ampliata per il 2025.

Le nuove offerte includono sistemi in acciaio, alluminio, cavo e vetro, oltre a miglioramenti al sistema di ringhiere composite Select. Questi aggiustamenti posizionano Trex come il brand numero 1 nel decking e nelle ringhiere residenziali. Snavely Forest Products servirà ora il Colorado insieme ai suoi mercati esistenti, sfruttando il vivace settore della costruzione e ristrutturazione della regione.

Snavely Forest Products, un distribuidor líder de productos de construcción, ha anunciado su decisión de comprometerse totalmente con Trex. La compañía ahora venderá exclusivamente tarimas y barandillas Trex a través de su red de distribución nacional, incluyendo una mayor presencia en el mercado de Colorado. Este movimiento coincide con el lanzamiento por parte de Trex Company, el mayor fabricante mundial de alternativas de madera para tarimas y barandillas, de una nueva línea de barandillas ampliada para 2025.

Las nuevas ofertas incluyen sistemas de acero, aluminio, cable y vidrio, así como mejoras al sistema de barandillas compuestas Select. Estas adiciones posicionan a Trex como la marca número 1 en tarimas y barandillas residenciales. Snavely Forest Products ahora atenderá a Colorado junto a sus mercados existentes, aprovechando el sector activo de construcción y remodelación de la región.

Snavely Forest Products는 주요 건축 자재 유통업체로서 Trex와의 전면적 파트너십을 결정했다고 발표했습니다. 이 회사는 이제 전국 유통망을 통해 Trex 데크와 난간만을 독점적으로 판매할 것입니다. 이 확장은 세계 최대의 목재 대체 데크 및 난간 제조업체인 Trex Company가 2025년을 위한 확장된 난간 라인업을 선보이면서 이루어졌습니다.

확장된 제품에는 새로운 강철, 알루미늄, 케이블 및 유리 시스템이 포함되며, Select 복합 난간 시스템에 대한 개선 사항도 포함됩니다. 이러한 추가 항목들은 Trex를 주택용 데크 및 난간에서 1위 브랜드로 자리매김하게 합니다. Snavely Forest Products는 이제 기존 시장과 함께 Colorado를 서비스하며, 해당 지역의 활발한 건축 및 리모델링 시장을 활용할 것입니다.

Snavely Forest Products, un distributeur de produits de construction de premier plan, a annoncé sa décision de s'engager totalement avec Trex. L'entreprise vendra désormais exclusivement des terrasses et des rampes Trex via son réseau de distribution national, élargissant sa portée sur le marché du Colorado. Cette décision intervient alors que Trex Company, le plus grand fabricant mondial de terrasses et de rampes en matériau de substitution au bois, lance une nouvelle gamme de rampes élargie pour 2025.

Les nouvelles offres comprennent des systèmes en acier, aluminium, câble et verre, ainsi que des améliorations du système de rampes composites Select. Ces ajouts positionnent Trex comme la marque numéro un en terrasses et rampes résidentielles. Snavely Forest Products desservira maintenant le Colorado en plus de ses marchés existants, tirant parti du secteur de la construction et de la rénovation dynamique de la région.

Snavely Forest Products, ein führender Anbieter von Baustellenprodukten, hat seine Entscheidung bekannt gegeben, voll auf Trex zu setzen. Das Unternehmen wird jetzt exklusiv Trex-Dielen und -Geländer über sein landesweites Vertriebsnetz verkaufen, einschließlich einer erweiterten Reichweite im Colorado-Markt. Dieser Schritt erfolgt, während die Trex Company, der weltweit größte Hersteller von holzalternativen Dielen und Geländern, eine erweiterte Geländerserie für 2025 einführt.

Die erweiterten Angebote beinhalten neue Systeme aus Stahl, Aluminium sowie Kabel- und Glassysteme und Verbesserungen des Select-Verbundgeländersystems. Diese Ergänzungen positionieren Trex als die Nummer 1-Marke für Dielen und Wohnraumgeländer. Snavely Forest Products wird nun Colorado neben seinen bestehenden Märkten bedienen und von dem aktiven Bau- und Renovierungssektor der Region profitieren.

Positive
  • Snavely Forest Products becomes exclusive distributor for Trex decking and railing products
  • Trex expands its railing lineup with new steel, aluminum, cable, and glass systems
  • Trex positioned as #1 brand in decking and residential railing
  • Snavely Forest Products expands Trex distribution into the Colorado market
  • Trex products now sold through more than 6,700 retail outlets across six continents
Negative
  • None.

Insights

Snavely Forest Products' decision to exclusively distribute Trex decking and railing products is a significant win for Trex. This partnership expansion strengthens Trex's market position in several ways:

  • Increased market penetration, especially in the growing Colorado market
  • Streamlined distribution channel, potentially leading to improved efficiency and cost savings
  • Enhanced product offering with Trex's expanded railing lineup, addressing various price points and preferences

The move aligns with Trex's strategy to dominate both the decking and residential railing markets. The company's ability to offer a comprehensive product range from a single source is likely to appeal to both distributors and end consumers, potentially driving sales growth and market share gains.

Investors should note that this partnership could lead to increased revenue and potentially higher margins for Trex in the medium to long term, especially if the expanded product line gains traction in the market.

This partnership expansion with Snavely Forest Products is a positive development for Trex's financial outlook. Key financial implications include:

  • Revenue growth potential: Exclusive distribution agreements typically lead to increased sales volumes. The expansion into Colorado, a hot market for building and remodeling, could significantly boost Trex's top line.
  • Margin improvement: Streamlining distribution to a single supplier for both decking and railing products may result in operational efficiencies and cost savings, potentially improving profit margins.
  • Market share gains: The comprehensive product offering across various price points positions Trex to capture a larger share of the decking and railing market, which could translate to sustained revenue growth.

While specific financial figures aren't provided, this strategic move aligns with Trex's position as an industry leader and its inclusion in sustainability-focused indices. Investors should monitor upcoming quarterly reports for tangible impacts on revenue and profitability resulting from this expanded partnership.

Leading Building Products Distributor is Now Exclusive with Trex Decking and Railing, with Plans to Expand Trex Footprint into Colorado

WINCHESTER, Va.--(BUSINESS WIRE)-- Leading building products distributor Snavely Forest Products is going all-in with Trex. The longtime Trex®-exclusive decking distributor will now sell Trex® railing exclusively through its nationwide distribution network, including expanded reach with Trex in the Colorado market.

“It is a very exciting time to be affiliated with Trex,” said Clark Spitzer, president of Snavely Forest Products. “Not only do they engineer the industry’s top-selling composite decking, but they now have a comprehensive railing portfolio with quality options for every backyard and budget. This allows us to streamline our railing suppliers down to one which makes things a lot easier for us, our sales team and our customers.”

As the channel prepares for 2025, Trex Company, the world’s largest manufacturer of high-performance, wood-alternative decking and railing, is rolling out an expanded railing lineup designed to mirror its industry-leading decking portfolio with styles and materials for every project, preference and price point. Among the latest Trex railing additions are new steel, aluminum, and cable and glass systems, along with enhancements to the Select composite railing system, designed to offer homeowners more choices beyond competitive PVC vinyl railing and wood railing. These launches position Trex as the #1 brand in decking and residential railing.

“Our expanded railing offerings proved to be compelling to the team at Snavely, specifically the new Trex Select® T-Rail system, which offers a vinyl railing alternative with the enhanced benefits of composite,” explained Bret Martz, vice president of North American professional sales for Trex. “Combined with the new competitively priced railing systems that have been added to the Trex line, our channel partners can now compete aggressively in each major railing category by making the improved aesthetics and performance of Trex available to a wider range of homeowners. Savvy distributors like Snavely recognize the sales potential of these products as well as the advantages of working with one comprehensive decking and railing resource.”

Expansion Into Colorado

Trex has enjoyed a decades-long relationship with Snavely Forest Products, which serves independent dealers and home centers across the U.S. through branch locations in Dallas, Houston and Gonzales, TX; Denver, CO; Oklahoma City, OK; Pittsburgh, PA; Liberty, NC; and Westminster, MD. Already supplying Trex products across all its other markets, Snavely has added Colorado to its list of Trex service areas rounding out a companywide footprint with the brand.

“Colorado is one of the most active areas of the country right now for building and remodeling,” noted Martz. “Expanding our alliance with a known and highly respected distribution partner like Snavely will enable us to serve our channel partners across the region more efficiently and support anticipated demand driven by continued consumer interest in outdoor living.”

“Our strategy for success has always been to align with the best suppliers in the industry,” added Spitzer. “This expansion and our deepened partnership with Trex are testaments to the success we have experienced and our shared focus on a future we’re ready to shape together.”

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, visit Trex.com.

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).

*Trex received the highest numerical score in the proprietary Lifestory Research 2021-2024 America’s Most Trusted® Outdoor Decking studies. Study results are based on experiences and perceptions of people surveyed. Your experiences may vary. Visit www.lifestoryresearch.com.

About Snavely Forest Products

Snavely Forest Products has been a leading distributor of specialty building products in North America for over a century. Based in Pittsburgh, Pennsylvania, the company is renowned for its superior material quality, outstanding service, and deep market knowledge, serving a wide range of customers with diverse needs. Its product offerings include engineered wood, composite decking, and innovative siding and trim solutions, all designed to meet the demands of the building materials industry. For additional information, please visit the Snavely Forest Products website.

Corinne Racine or Abigail Cox

L.C. Williams & Associates

800/837-7123 or 312/565-3900

cracine@lcwa.com or acox@lcwa.com

Source: Trex Company

FAQ

What new products has Trex (TREX) added to its railing lineup for 2025?

Trex has added new steel, aluminum, and cable and glass systems to its railing lineup for 2025, along with enhancements to the Select composite railing system.

How many retail outlets sell Trex (TREX) products globally?

Trex products are sold through more than 6,700 retail outlets across six continents.

Which new market is Snavely Forest Products expanding Trex (TREX) distribution into?

Snavely Forest Products is expanding Trex distribution into the Colorado market.

What is Trex's (TREX) position in the decking and residential railing market?

Trex is positioned as the #1 brand in both decking and residential railing markets.

Trex Company, Inc.

NYSE:TREX

TREX Rankings

TREX Latest News

TREX Stock Data

7.58B
106.42M
0.67%
100.18%
4.77%
Building Products & Equipment
Lumber & Wood Products (no Furniture)
Link
United States of America
WINCHESTER