The AZEK® Company Acquires Northwest Polymers, Expanding Recycling Capabilities in Pacific Northwest
The AZEK Company Inc. (NYSE:AZEK) ("AZEK" or the "Company"), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech® Decking and Railing, Versatex® and AZEK Trim®, and StruXure® pergolas, today announced the recent acquisition of Northwest Polymers, an industry leader in post-industrial and post-commercial plastic recycling based in Molalla and Aurora, Oregon. The acquisition expands AZEK's capacity to source and process recycled materials to support its long-term growth strategy and margin expansion objectives.
"Northwest Polymers has built a strong reputation for sourcing, processing, and supplying high-quality recycled plastic materials to various industries, and we are excited to welcome them into the AZEK family," said Jesse Singh, CEO of The AZEK Company. "Located in close proximity to our Boise manufacturing facility, this acquisition will help us strengthen our material supply chain in the western United States, improve cost efficiencies, and enhance our ability to meet the growing demand for beautiful, low-maintenance and sustainable outdoor living solutions."
This acquisition will also support the expansion of AZEK's FULL-CIRCLE PVC Recycling® program in the western United States – a program designed to collect and recycle post-construction PVC scrap, ensuring it is repurposed into high-performance, sustainable building products across the AZEK portfolio, further reducing landfill waste.
As a leader in sustainable product innovation and the largest vertically integrated recycler of PVC in the United States, AZEK remains dedicated to accelerating the use of recycled waste and scrap materials used to manufacture its premium outdoor living solutions.
"The acquisition of Northwest Polymers, combined with our recently announced advanced recycling acquisition in Indiana, positions AZEK for the next phase of our recycling journey, expanding our geographic reach and ensuring a consistent and cost-efficient supply chain," concluded Singh.
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
This release contains or refers to certain forward-looking statements within the meaning of the federal securities laws and subject to the "safe harbor" protections thereunder. Forward-looking statements are statements about future events and are based on our current expectations. These forward-looking statements may be identified by the words "believe," "hope," "expect," "intend," "will," "target," "anticipate," "goal" and similar expressions. Our forward-looking statements include, without limitation, statements with respect to our ability to meet the future targets and goals we establish, including our financial, operational and sustainability-related goals, and the ultimate impact of our actions on our business as well as the expected benefits to the environment, our employees, the communities in which we do business or otherwise. The Company bases its forward-looking statements on information available to it on the date of this release, and undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of changed circumstances, new information, future events or otherwise, except as may otherwise be required by law. Actual future events could also differ materially due to numerous factors that involve substantial known and unknown risks and uncertainties including, among other things, the risks and uncertainties set forth under "Risk Factors" and elsewhere in the Company's reports on Form 10-K, as amended, and Form 10-Q and the other risks and uncertainties discussed in any subsequent reports that the Company files with the Securities and Exchange Commission from time to time. Although we have attempted to identify those material factors that could cause actual results or events to differ from those described in such forward-looking statements, there may be other factors that could cause actual results or events to differ from those anticipated, estimated or intended. Given these uncertainties, investors are cautioned not to place undue reliance on our forward-looking statements.
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 Most Responsible Companies by Newsweek, a Top Workplace by the Chicago Tribune and U.S. News and World Report, one of TIME's World's Best Companies in Sustainable Growth for 2025, and celebrated in Fast Company's 2024 Brands That Matter list, where TimberTech was highlighted as a benchmark brand. Headquartered in Chicago, Illinois, the company operates manufacturing and recycling facilities in Ohio, Pennsylvania, Idaho, Georgia, Nevada, New Jersey, Michigan, Minnesota and Texas.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250218029103/en/
Investor Relations Contact:
Eric Robinson
312-809-1093
[email protected]
Media Contact:
Amanda Cimaglia
Media Relations
312-809-1093
[email protected]