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Trex Closes Mississippi Plant
Trex Co. Inc. has decided to suspend operations at the company's Olive Branch,
Miss., facility for an indeterminate amount of time and will consolidate all manufacturing
operations into its other two plants which are located in Winchester, Va., and
Fernley, Nev. The company has ceased production at its Olive Branch facility as
of September 17, 2007, and will complete all other measures related to the suspension
of operations in approximately 60 days. Trex has been operating two production
lines at the Olive Branch facility, which serves markets in the South and Midwest
and represents approximately 10 percent of the company's total manufacturing capacity.
In making this decision, the company assessed anticipated capacity requirements
considering: the difficult market conditions in the homebuilding and remodeling
sectors; the recent upgrading of existing production lines in Winchester and Fernley
to provide the capability for increased quality and output; and the economics
at each of the company's three manufacturing facilities. The company concluded
that it was necessary to adjust production capacity to more appropriately match
its demand outlook and improve the efficiency of the Company's manufacturing operations.
"Our decision to suspend operations at the Olive Branch facility until
further capacity is needed was very difficult," says Chief executive officer
(CEO) Andrew U. Ferrari. "We want to thank our employees at the facility
for their dedication and hard work, and we want to express our appreciation to
the various state and local agencies involved in opening of the Olive Branch facility
for the generous welcome and cooperative spirit they have extended to Trex over
the past two years."
Trex will work closely with Olive Branch employees, customers and suppliers
to achieve smooth transitions, according to a company press release. Approximately
115 employees will be affected and will receive pay and benefits through November
12, 2007. Trex management will work with employees at Olive Branch to provide
support including outplacement services.
If you are a dealer or distributor for Trex in the South or Midwest, Shelter
wants to know how this will impact you. Please e-mail editor Samantha Carpenter
at scarpenter@sheltermagazine.com.
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