A large insurance company backed the leveraged buyout, and the deal was closed in September. Going in, Matheny says, his biggest concern was maintaining work force benefit levels. Some benefits even improved. Manufacturing employees work in teams and share what would otherwise be middle management functions. At the end of the day, you have a loyal work force that is far more productive.
Trex wholesalers remain enthusiastic about the product.
There are quite a few plusses. At Plunkett-Webster in New Rochelle, N.Y., President Jim Daniels buys 400 truckloads a year for his six yards. We have both learned how to get the product into the marketplace. They are good partners. We help each other.