AZEK’s Parent Company Reports a Favorable Quarter

CPG International Inc. (CPG), the Scranton, Pa.-based parent company of PVC building products manufacturer—AZEK Building Products, posted record results for the third quarter 2007.

“We saw a further weakening in the residential housing market in the third quarter. However, we continued to execute our business plan and achieve impressive growth for the quarter,” explains Ralph Bruno, AZEK’s president. He says third-quarter sales were up 25.5 percent from third-quarter 2006 results, and attributes much of this to the acquisition of Procell Decking Systems, re-branded as AZEK Deck. Bruno also says there was growth in the company’s trim and mouldings business. Sales for the first nine months of 2007 were $254.1 million, representing more than a 20-percent increase over the first nine months of 2006.

“We're excited about our growth and owe much of it to our competitive advantages over other companies trying to get into this market,” Bruno says. “Unlike composite manufacturers, we manufacture our own products in the [United States], do not license out our name, have 20 years of cellular PVC expertise and our products have ICC Building Code Reports.”

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