Exterior manufacturer to invest $ 400 million in Arkansas factory
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Composite building materials maker plans to establish third U.S. production plant in Arkansas, state and company officials say announcement.
Trex, which manufactures decks, railings and other outdoor products, said the future Little Rock Harbor complex would provide better market access and position the company for growth.
The company plans to invest $ 400 million in the site over the next five years. The project will include facilities for the production of decks and railings, recycling and processing of plastic films, storage of reclaimed wood, warehousing and administrative staff.
Trex plans to create more than 500 new jobs in the Little Rock area.
“With the outdoor living category continuing to show strong momentum and our success to date in converting market share to wood decking, now is the time to further expand our capacity so that we can respond to effectively and efficiently meet future customer demand, ”Trex President and CEO Bryan Fairbanks said in the announcement.
Company officials said the Little Rock site offered proximity to raw materials and available labor, as well as better access to customers in the mid-US. The company is based in Virginia and operates a second manufacturing facility in Nevada.
Additionally, Trex executives said a third plant would be able to scale to demand “as needed” and have the potential to become the company’s largest production site.
Construction is expected to begin early next year, while hiring will begin this year and increase in 2022. The company expects the facility to first produce in 2024.
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