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Huntington Private Bank's Oviatt: We're Still Positioned for Growth

Bloomberg Intelligence

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Trex - What's the Growth Rate?

A. Trex is a unique in that 95 % of the tent that goes into our deck boards is recycled material it's polyethelene stretch film and bags from grocery stores, as well as reclaimed wood. We will lurk work with some of the larger grocery change, large distributors, anybody who is using poly ethelene as protectve rap on manufactured parts. And we've built our programme to be a service to these organizations, where instead of paying to put this material into landfill, we can provide them payment and get it off their shipping dock quickly. The key strategy is to convert more of that to tracks at the rate of 200 or more basis points a year.

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