The AZEK Company Enters Long-term Partnership with Doman Building Materials to Expand Distribution of TimberTech® Decking in Canada
06 Agosto 2024 - 7:15AM
Business Wire
The AZEK Company Inc. (NYSE: AZEK) ("AZEK"), a leading
manufacturer of beautiful, low-maintenance, and environmentally
sustainable outdoor living products, is pleased to announce a
long-term distribution partnership with Doman Building Materials
Group Ltd. (TSX: DBM) (“Doman”), a premier Canadian distributor.
This strategic partnership will expand the availability of AZEK’s
TimberTech brand of decking products to customers across
Canada.
Under this agreement, Doman will distribute TimberTech decking,
known for its unparalleled performance, innovative technology,
premium aesthetics and top-rated fire resistance. This partnership
aligns with AZEK’s commitment to expanding its market presence and
providing Canadian customers with high-performance, environmentally
sustainable decking solutions made from up to 85% recycled waste
and scrap material.
Doman has a longstanding relationship with AZEK in both the U.S.
and Canada, having successfully distributed products under the
TimberTech and AZEK Exteriors brands in the U.S., as well as AZEK’s
Versatex® brand of trim, moulding and siding products in Canada for
several years. Doman’s extensive distribution network and industry
expertise make them an ideal partner for AZEK.
“We are thrilled to partner with Doman, a company that shares
our dedication to service, quality and success,” said Jonathan
Skelly, President of Residential and Commercial for AZEK. “This
collaboration positions us to meet the growing demand for
TimberTech decking products and will allow us to better serve the
Canadian market in 2025 and beyond.”
This multi-year distribution agreement will take effect on
January 1, 2025. Together, the companies aim to deliver exceptional
value and service to their customers.
For more information on TimberTech, visit TimberTech.com.
For more information on Doman Building Products, visit
Domanbm.com.
About The AZEK® Company
The AZEK Company Inc. (NYSE: AZEK) is the industry-leading
designer and manufacturer of beautiful, low maintenance and
environmentally sustainable outdoor living products, including
TimberTech® decking and railing, Versatex® and AZEK® Trim, and
StruXure® pergolas. Consistently awarded and recognized as the
market leader in innovation, quality, aesthetics and
sustainability, our products are made from up to 85% recycled
material and primarily replace wood on the outside of homes,
providing a long-lasting, eco-friendly, and stylish solution to
consumers. Leveraging the talents of its approximately 2,000
employees and the strength of relationships across its value chain,
The AZEK Company is committed to accelerating the use of recycled
material in the manufacturing of its innovative products, keeping
hundreds of millions of pounds of waste and scrap out of landfills
each year, and revolutionizing the industry to create a more
sustainable future. The AZEK Company has recently been named one of
America’s Climate Leaders by USA Today, a Top Workplace by the
Chicago Tribune and U.S. News and World Report, and a winner of the
2024 Real Leaders® Impact Awards. Headquartered in Chicago,
Illinois, the company operates manufacturing and recycling
facilities in Ohio, Pennsylvania, Idaho, Georgia, Nevada, New
Jersey, Michigan, Minnesota and Texas.
About Doman Building Materials
Founded in 1989, Doman is headquartered in Vancouver, British
Columbia, and trades on the Toronto Stock Exchange under the symbol
DBM. As Canada’s only fully integrated national distributor in the
building materials and related products sector, Doman operates
several distinct divisions with multiple treating plants, planing
and specialty facilities and distribution centres coast-to-coast in
all major cities across Canada and select locations across the
United States. Strategically located across Canada, Doman
Building Materials Canada operates distribution centres
coast-to-coast, and Doman Treated Wood Canada operates
multiple treating plants near major cities; headquartered in
Dallas, Texas, Doman Lumber operates 21 treating plants, two
specialty planing mills and five specialty sawmills located in nine
states, distributing, producing and treating lumber, fencing and
building material servicing the central U.S.; Doman Building
Materials USA and Doman Treated Wood USA serve the U.S.
west coast with multiple locations in California and Oregon; and in
the state of Hawaii the Honsador Building Products Group
services 15 locations across all the islands. The Company’s
Canadian operations also include ownership and management of
private timberlands and forest licenses, and agricultural
post-peeling and pressure treating through its Doman Timber
operations.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240805557840/en/
AZEK Media Contact: Amanda Cimaglia Media Relations
312-809-1093 media@azekco.com
Doman Media Contact: Ali Mahdavi Investor Relations
416-962-3300 ali.mahdavi@domanbm.com
Doman Building Materials (TSX:DBM)
Gráfica de Acción Histórica
De Oct 2024 a Nov 2024
Doman Building Materials (TSX:DBM)
Gráfica de Acción Histórica
De Nov 2023 a Nov 2024