![]() Construction will begin late this year on a 100,000 square foot addition to this facility, which will accommodate six new manufacturing lines, bringing the total in Fernley to 12 lines. In Fernley, Trex Company will soon finish installation of lines five and six in the existing 160,000 square foot plant. The Company plans to construct a new 150,000 square foot facility that will accommodate six manufacturing lines bringing the total in Winchester to 14 lines. The additional property in Winchester has been purchased from the Henkel-Harris Company, and includes a 184,000 square foot building that will be utilized primarily for warehousing. We also continue to evaluate locations for the construction of a third, large-scale manufacturing facility." While we are delighted at the extraordinary demand for Trex decking, we are always mindful of the need to carefully manage this growth. The economies of scale available with this choice clearly outweigh those of building a third site at this time. After studying a number of options, we have concluded that the most efficient next step is to expand our two present locations. Although we have nearly doubled our capacity with the new Fernley plant, our dealers remain on allocation. Trex Company President Robert Matheny stated, "Customer demand for Trex decking continues to exceed our production capacity. In Fernley, Trex Company already owns sufficient property on which to complete the planned construction. At the Winchester site, Trex Company has purchased 39 acres of land adjacent to the present 26 acre property. To meet continuing strong demand, the Company will add additional manufacturing capacity at the sites of existing plants in Winchester, Virginia and Fernley, Nevada. (NYSE: TWP), manufacturer of Trex(R) Easy Care Decking(R), today announced details of the next phase of a long-term expansion plan. WINCHESTER, Va.-(BUSINESS WIRE)-May 16, 2000-Trex Company, Inc.
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