Trex tackles the affordability issue
The Enhance line has been redesigned to put pressure on treated lumber.
Trex Company has affordability in mind.
The composite decking manufacturer has re-engineered and expanded its line of Trex Enhance decking with pricing designed to put the pressure on treated lumber.
“We have reimagined and re-engineered our Enhance line to introduce – across both the pro and retail channels – a premium quality, low-maintenance decking option for budget-minded homeowners who may have previously eliminated composite from consideration due to price,” said Adam Zambanini, president of Trex Residential Products at Trex Company. “We look forward to making the Trex brand and product benefits accessible to an even broader audience, while continuing to drive increased demand and conversion from wood.”
The updated Enhance decking collection is part of Trex’s ‘good, better, best’ decking line-up that allows consumers to choose a product to meet their needs, all backed by a 25-year limited residential and Fade & Stain warranties.
Differentiating the new Enhance line-up is a scalloped profile that is lighter weight for easier handling and installation. This innovative design also contributes to its lower price. The new products will be available at lumberyards and major retailers, Trex said.
Enhance Basics offers the performance and beauty of Trex in 3 proven and popular shades – Clam Shell, Beach Dune, and Saddle – featuring realistic grain patterns. Offering all the benefits of composite, this collection is ideal for DIYers and would-be wood deck builders with affordability that narrows the price gap between composites and wood.
Enhance Naturals introduces 5 contemporary, multi-tonal hues that resemble the streaked looks of natural wood. The new shades of Foggy Wharf, Rocky Harbor, Toasted Sand, Coastal Bluff, and Sunset Cove feature the authentic charm and color variations of wood, without the hassles of ongoing maintenance and upkeep. Just like Enhance Basics, Enhance Naturals won’t rot, warp, crack or splinter, and maintenance is hassle-free. Spills wash off easily with just soap and water. Enhance does not requires sanding, staining or painting, and its protective shell defends against severe weather and heavy foot traffic, according to Trex.
For homeowners seeking unparalleled performance and aesthetics, Trex’s flagship Transcend collection features 10 premium shades, including 5 monochromatic Earth Tones and five multi-tonal Tropical hues featuring high-definition grain patterns. For 2019, Trex has refreshed the Transcend Earth Tones to be more compatible with its highly popular Tropical offerings, allowing for even greater design flexibility and customization.
“These product enhancements are ideal examples of our drive to continuously improve upon what’s already considered the best in the composite decking industry, while bringing the easy maintenance of Trex decking to an incremental audience who would otherwise be building with wood,” noted Zambanini.
Additionally, Trex has applied its “make it easy” mantra to what has traditionally been one of the more challenging aspects of deck design – choosing the right railing. To help take the confusion out of the railing selection process, the design team at Trex has curated railing pairings for every shade of Trex decking. Simplifying things even further, the company is now offering 6 of its most popular Transcend railing combinations in packaged kits.
Costs rise for Jeld-Wen in Q3
Acquisitions fuel sales while profits tumble.
Jeld-Wen reported net revenues of $1.14 billion for the third quarter 2018, up nearly 15% from third quarter 2017 revenues of $991.3 million.
The window and door manufacturer attributed some of the increase by 17% contribution from recent acquisitions. Core revenue, which excludes the impact of foreign exchange and acquisitions completed in the last 12 months, was unchanged during the quarter.
The Charlotte, N.C.-based company also posted a third quarter net income of $28.9 million, compared to net income of $51.3 million in the same quarter last year – a decrease of $22.4 million or nearly 44%. The decrease in net income was primarily due to higher expenses during the quarter including $76.5 million in litigation fees, Jeld-Wen said.
“Volumes were unfavorably impacted by the lingering effects of prior service issues in our U.S. windows and Northern European businesses, resulting in operational inefficiencies impacting our profitability,” said Gary Michel, Jeld-Wen president and CEO. “While we have corrected these service issues, the impact on our volumes is expected to persist in the fourth quarter.”
In North America, revenues increased $96.3 million, or 16.8%, to $668.2 million, due to contributions from recent acquisitions, while core revenues were unchanged. Net revenues in Europe increased $27.8 million, or 10.5%, to $292.9 million, due to a 13% contribution from recent acquisitions. Australasia operations produced net revenues of $175.9 million, up 14%.
New Bosch bit is tough on nails
The Bosch Nail Strike can cut through up to 30 nails.
The new Bosch Nail Strike is the first wood-boring bit that can strike nails and cut through them, increasing productivity while reducing safety risks.
The bit features enhanced edges that can cut through up to 30 nails. In addition, it has a fully threaded cone tip and paddle design optimized for fast cordless drilling to run conduit or pipe.
“Trade professionals are looking for accessories that can transfer the full power of the tool into the material. That’s what Bosch Nail Strike does,” said Philipp Gosau, group product manager, accessories, Bosch Power Tools. “This bit is designed to give the user best-in-class performance even in the toughest applications.”
Nail Strike’s reinforced dual cutting edges deliver longer life in tough applications, including nail-embedded wood. While augers have the longest life in wood with nails, Nail Strike is the right bit for jobs where the user doesn’t want to switch back and forth between a spade bit and an auger bit. Bosch Nail Strike requires use of a drill/driver in high-torque/slow speed mode when drilling through nails.
Nail Strike’s hex shank with Power Groove reduces bit slippage in the tool and makes it suitable for use with a variety of drill types, including impact drivers (for wood drilling only). The bit is not designed for use in a drill press and is not intended for counter boring applications or doweling.
The Bosch Nail Strike Wood-Boring Bit will be available starting February 2019.