Trex Company, Inc., incorporated on September 4, 1998, is a manufacturer of non-wood alternative decking and railing marketed as Trex Wood-Polymer. Trex is manufactured using a process supported by technology that combines waste wood fibers and reclaimed polyethylene. The products are used primarily for residential and commercial decking and railing. The decking line includes three products: Trex Origins, Trex Accents, Trex Brasilia. The railing product line includes Trex Designer Series Railing and Trex Artisan Series Railing. The Company promotes Trex among consumers, home builders and contractors as a premium decking and railing product to replace wood. The special characteristics of the wood/plastic composite include resistance to splitting, the ability to bend, facilitating machining and finishing, facilitate deck installation, reduce contractor call-backs and give customers a range of design options. Trex does not have the tensile strength of wood and, as a result, is not used as a primary structural member in posts, beams or columns used in a deck's substructure. Trex Wood-Polymer lumber is manufactured in a process that combines waste wood fibers and reclaimed polyethylene. Trex is produced in a selection of lumber sizes and lengths. The decking and railing products are available with several finishes and numerous colors. It requires no staining, is resistant to moisture damage, provides a splinter-free surface and needs no chemical treatment against rot or insect infestation. Trex is slip-resistant, even when wet, can be painted or stained and is less vulnerable to damage from ultraviolet rays. The Company has three decking lines: Trex Origins, which features a smooth surface; Trex Accents, which features a smooth surface on one side and an embossed wood grain on the other, and Trex Brasilia, which replicates the look of tropical hardwoods with subtle color variations. Trex Company, Inc. has two railing product lines: Trex Designer series railing system and Trex Artisan Series Railing. The Company's Designer series railing system consists of a decorative top and bottom rail, refined balusters, its Trex RailPost, and post caps and skirts. This railing is useful to construct for contractors that use the TrexExpress assembly tool and system. The Designer railing is available in Trex Origins finish and color palette, as well as in the Trex Brasilia finish and colors. During the year ended December 31, 2005, Trex Company, Inc. launched its the Trex Artisan Series Railing. The styling and warm, white finish of this railing line makes it appropriate for use on a Trex or non-Trex deck. This railing line is manufactured with Fibrex material, which is a technology that the Company licenses from Andersen Corporation. As of December 31, 2005, the Company sold its products through 92 wholesale distribution locations, which in turn sold Trex to approximately 3,260 retail outlets across the United States and Canada. In June 2004, it began selling its products through Home Depot stores. Approximately 320 Home Depot locations stock certain Trex products, and all of its products are available through special order in all Home Depot locations. In 2005, the gross sales came from these five wholesale distributors: Boise Cascade Corporation, Capital Lumber Company, Oregon Pacific Corporation, Parksite Plunkett-Webster and Snavely Forest Products. Other than wholesale distribution, Trex is also focusing on composite decking dealers. Trex has received product building code listings from the major United States and Canadian building code listing agencies for both its decking and railing systems. Listings facilitate the acquisition of building permits by deck builders and promote consumer and industry acceptance of Trex as an alternative to wood in decking. The Company competes with Advanced Environmental Recycling Technologies, Inc., Epoch Composite Products, Fiber Composites, LLC, Louisiana Pacific, Inc. and Timbertech Limited.