Azek purchases Toronto WPC manufacturer
Scranton, Pa.-based Azek Building Products, Inc. has announced that it plans to acquire Toronto's Composatron Manuf...
Scranton, Pa.-based Azek Building Products, Inc. has announced that it plans to acquire Toronto’s Composatron Manufacturing. Composatron manufactures decking and fencing products, but is perhaps best known for its composite residential railing systems under the Premier and Trademark brands.
“These railings have set a new standard of quality and aesthetics becoming one of the fastest growing in the industry,” said Azek president Ralph Bruno in a statement. “They are a perfect complement to Azek Deck…which is the fastest growing decking brand.”
The company’s railings, which have the subtle texture of painted wood, are co-extruded with a wood composite core and vinyl capstock.
In Toronto, it is business as usual at Composatron’s two manufacturing facilities. The company is currently running six extrusion lines at its old facility, and five at its newer plant down the street. In addition, the company can add up to 10 more lines at the new plant if additional capacity is required.
“Nothing has changed, except for the fact that we have new ownership,” explained Composatron’s vice president of business development Drew Knox in an interview with Canadian Plastics. “Azek is a great company and we felt that they would bring resources to the table that would take Composatron to a whole new level.
“Our product was a good fit for their product strategy, because we offer a premium value-added railing product,” he continued.
Knox said they expect significant increases in the number of distributors, primarily the western half of the U.S., which is relatively virgin territory for the company.
“We really focused on the eastern part of the country because of higher densities and the proximity of the markets,” he noted. “We also only had capacity to service that part of the world, and now with the new capacity we are able to move in to service the western half of the U.S. Azek will speed up the whole process.”