Draft:The AZEK Company
Submission declined on 16 November 2024 by CFA (talk).
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| Submission declined on 31 August 2024 by SafariScribe (talk). This submission is not adequately supported by reliable sources. Reliable sources are required so that information can be verified. If you need help with referencing, please see Referencing for beginners and Citing sources. This draft's references do not show that the subject qualifies for a Wikipedia article. In summary, the draft needs multiple published sources that are: Declined by SafariScribe 3 months ago.
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Comment: Routine announcements and the like do not count towards notability. C F A 💬 22:44, 16 November 2024 (UTC)
| Company type | Public |
|---|---|
| NYSE: AZEK | |
| Industry | Building Materials |
| Founded | 1983 |
| Headquarters | Chicago, IL, U.S. |
| Revenue |  US$ 1.3 billion (2023):[1] |
| US$ 131 million (2023)[1] | |
 US$ 67 million (2023)[1] | |
Number of employees | 2,236 (September 30, 2023)[2] |
| Website | azekco |
The AZEK Company is a manufacturer of wood-alternative composite and PVC outdoor living and building products for residential and commercial applications.[3][4] Headquartered in Chicago, IL, The AZEK Company operates manufacturing and recycling facilities across the United States.[5]
History
[edit]Founded in 1983 in Scranton, PA, the company initially manufactured plastic sheet, trim, and moulding products, and over the years has made a series of acquisitions across residential and commerical outdoor living categories[6]
- 2002: Acquired Capitol and Santana Products - bathroom partitions
- 2007: Acquired Procell Decking Systems - PVC decking
- 2008: Acquired Composatron Manufacturing Inc. - railing[7]
- 2012: Acquired TimberTech - composite decking and railing[8]
- 2017: Acquired Ultralox - railing[9]
- 2018: Acquired Versatex - trim[10]
- 2020: Acquired Return Polymers - recycling operations[11]
- 2022: Acquired StruXure - pergolas and cabanas[12]
- 2022: Acquired Intex Millwork - railing[13]
Previously known as CPG International, the organization rebranded to The AZEK Company in 2018.[14] The company completed it's initial public offering on the New York Stock Exchange under the symbol "AZEK" in June 2020.[15]
AZEK announced the sale of its Vycom business to Plaskolite, LLC. in October 2023.[16]
Leadership
[edit]Jesse Singh was named Chief Executive Officer and President of The AZEK Company in June 2016.[17] Peter Clifford joined AZEK as Senior Vice President and Chief Financial Officer in August 2021; he was named Chief Operations Officer in September 2023.[18] Gary Hendrickson is Chairman of The AZEK Company Board of Directors.[19]
Environmental considerations
[edit]Following The AZEK Company's acquisition of Return Polymers in 2020, the company announced the launch of its FULL-CIRCLE PVC Recycling program that collects and recycles PVC scrap for reincorporation back into AZEK products like TimberTech decking and railing and AZEK Exteriors siding and trim.[11][20] In 2021, AZEK received +Vantage Vinyl verification.[21]
Fire resistance considerations
[edit]In 2024, TimberTech Landmark and Vintage collections received an Ignition Resistant designation from the California State Fire Marshal.[22] TimberTech Landmark and Vintage collections, as well as AZEK Exteriors trim, shingle siding, and sheet have a Class A Flame Spread rating.[22]
Awards and recognitions
[edit]- U.S. News & World Report Best Companies to Work For, 2024.[23]
- Best of IBS Finalist Most Innovative Building Material, 2024.[24]
- Real Leaders Impact Award, 2023, 2024.[25][26]
- Green Builder Sustainable Products of the Year, 2023, 2024.[27][28]
- Houzz Best of Design 2017-2024.[29][30]
- Zonda's JLC Brand Use Study, #1 Brands Most Used in composite/PVC decking (TimberTech), railing (TimberTech), and exterior trim (AZEK Exteriors), 2023.[31][32]
- USA Today Climate Leaders List, 2023.[33]
- Good Housekeeping Sustainable Innovation Award, 2023.[34]
- Good Housekeeping Home Reno Award, 2023.[35]
- Chicago Tribune Top Workplace, 2021-2023.[36][37][38]
- Newsweek America's Most Trusted Companies, 2022.[39]
- Cohnreznick ESG Gamechanger, 2022.[40]
- HBSDealer Gold Hammer Award, 2021, 2022.[41][42]
- INC. Magazine Best-Led Company, 2021.[43]
- Fast Company World Changing Ideas, 2021.[44]
References
[edit]- ^ a b c "The AZEK Company Inc". 30 September 2023.
- ^ "FORM 10-K: The AZEK Company". 30 September 2023.
- ^ "'A lot of our momentum is from repair and remodel:' Azek CEO on earnings". Yahoo Finance. 2020-12-04. Retrieved 2024-04-05.
- ^ "Building products maker 'AZEK' jumps in trading debut". finance.yahoo.com. 2020-06-12. Retrieved 2024-04-05.
- ^ "Decking manufacturing company AZEK launches PVC recycling program". Yahoo Finance. 2020-11-16. Retrieved 2024-04-05.
- ^ "The AZEK Company Inc. (AZEK)". Yahoo Finance.
- ^ "Azek Purchasing Composatron". www.plasticnews.com. 2008-02-25. Retrieved 2024-04-18.
- ^ "AZEK parent company reaches deal to acquire TimberTech | ProBuilder". www.probuilder.com. 2012-08-28. Retrieved 2024-10-03.
- ^ Journal, L. B. M. (2017-12-21). "AZEK Building Products acquires parent of UltraLox, Harmony brands". LBM Journal. Retrieved 2024-04-05.
- ^ Suttles, Chrissy. "Versatex to invest $40 million, create 80 new jobs in Beaver County". Beaver County Times. Retrieved 2024-10-03.
- ^ a b Writer, Staff. "The AZEK Co. acquires Return Polymers of Ashland". Ashland Times-Gazette. Retrieved 2024-04-05.
- ^ "The AZEK Company Acquires StruXure Outdoor, Inc". www.nasdaq.com. 2022-01-04. Retrieved 2024-04-11.
- ^ MarketScreener (2022-08-04). "The AZEK Company Inc. completed the acquisition INTEX Millwork Solutions, LLC for $25.7 million. - MarketScreener". www.marketscreener.com. Retrieved 2024-04-18.
- ^ Journal, L. B. M. (2018-01-08). "CPG International rebrands as The AZEK Company". LBM Journal. Retrieved 2024-04-05.
- ^ "Chicago building products company Azek goes public, raises $765 million". www.bizjournals.com. 2020-06-12. Retrieved 2024-04-05.
- ^ "The AZEK® Company Announces Definitive Agreement to Sell Commercial Segment's Vycom Business to Plaskolite". Yahoo Finance. 2023-10-11. Retrieved 2024-04-05.
- ^ "CPG International names Jesse Singh as new CEO". www.reuters.com/. 2016-06-02. Retrieved 2024-04-05.
- ^ Datta, Tiyashi (2023-09-28). "The AZEK company announces Peter Clifford to take on dual role as COO and CFO". www.seekingalpha.com. Retrieved 2024-04-05.
- ^ "AZEK | AZEK Co. Inc. Company Profile & Executives - WSJ". www.wsj.com. Retrieved 2024-04-05.
- ^ Council, Vinyl Sustainability (2021-12-03). "Full-Circle: AZEK Disrupts PVC Recycling by Revolutionizing Takeback". Sustainable Brands. Retrieved 2024-04-10.
- ^ Thomas, Ethan (2023-07-19). "Vinyl Sustainability Council Recognizes 26 Companies That Have Become +Vantage Vinyl® Verified". Vantage Vinyl. Retrieved 2024-04-10.
- ^ a b Kavanaugh, Catherine (2024-04-18). "TimberTech PVC decking meets 'ignition resistant' criteria". www.plasticsnews.com. Retrieved 2024-04-18.
- ^ "The AZEK® Company Named in 2024 Best Companies to Work for List by U.S. News & World Report". Yahoo Finance. 2023-10-19. Retrieved 2024-04-10.
- ^ "Best of IBS Awards 2024 Finalists | IBS 2024". www.buildersshow.com. Retrieved 2024-04-10.
- ^ "Real Leaders Impact Awards 2023". real-leaders.com. Retrieved 2024-04-10.
- ^ "Impact Companies - Real Leaders". 2023-10-20. Retrieved 2024-04-10.
- ^ "Green Builder 2023 Sustainable Products of the Year". www.greenbuildermedia.com. Retrieved 2024-04-10.
- ^ "March-April 2024 Digital Issue: Sustainable Products of the Year". www.greenbuildermedia.com. Retrieved 2024-04-10.
- ^ "The AZEK Story | The AZEK Company". azekco.com. Retrieved 2024-04-10.
- ^ "Best of Houzz Award Winners". Houzz. Retrieved 2024-04-10.
- ^ "TimberTech and AZEK Brands Rank as Most Used by Contractors". Deck Specialist - A 526 Media Group Publication. 2023-08-18. Retrieved 2024-04-10.
- ^ "TimberTech® Decking, TimberTech Railing and AZEK® Exteriors Trim Ranked #1 Brands Most Used by Residential Contractors; TimberTech Decking Ranked Highest in Brand Quality, Stickiness". Yahoo Finance. 2023-08-17. Retrieved 2024-04-10.
- ^ "Climate change calls for cuts in carbon emissions. These US companies are leading the way". tangent.usatoday.com. 2023-05-24. Retrieved 2024-04-10.
- ^ "34 Sustainable Products You Need in Your Life". Good Housekeeping. 2023-03-21. Retrieved 2024-04-10.
- ^ "They're Here! Check Out the Winners of Our 2023 Home Renovation Awards". Good Housekeeping. 2023-09-29. Retrieved 2024-04-10.
- ^ "Chicago Top Workplaces 2021". Top Workplaces. Retrieved 2024-04-10.
- ^ "Chicago Top Workplaces 2022". Top Workplaces. Retrieved 2024-04-10.
- ^ "Chicago Top Workplaces 2023". Top Workplaces. Retrieved 2024-04-10.
- ^ Newsweek (2022-03-20). "America's Most Trustworthy Companies 2022". Newsweek. Retrieved 2024-04-10.
- ^ "CohnReznick's Gamechangers in ESG Award Winners". CohnReznick. Retrieved 2024-04-10.
- ^ Staff, HBSDealer. "Products deemed 'Golden Hammer' worthy". HBS Dealer. Retrieved 2024-04-10.
- ^ Staff, HBSDealer. "Golden Hammer strikes for innovative products". HBS Dealer. Retrieved 2024-04-10.
- ^ "Best-Led Companies of 2021". www.inc.com. Retrieved 2024-04-10.
- ^ "World Changing Ideas Awards 2021: General Excellence Finalists and Honorable Mentions". www.fastcompany.com. 2021-05-04. Retrieved 2024-04-10.
External links
[edit]- Official website
- Business data for The AZEK Company: Bloomberg · Google · Reuters · Yahoo!
- in-depth (not just brief mentions about the subject or routine announcements)
- reliable
- secondary
- strictly independent of the subject
Make sure you add references that meet all four of these criteria before resubmitting. Learn about mistakes to avoid when addressing this issue. If no additional references exist, the subject is not suitable for Wikipedia.