1. Home
  2. Articles posted by: Rona Fried (Page 2054)

Trex Company Named ''Hot Growth Company'' by BusinessWeek

Trex Company, Inc. (NYSE: TWP) is the only building products manufacturer chosen for BusinessWeek’s “Hot Growth” List of the 100 Best Small Companies, ranking #85. To generate the Hot Growth list, BusinessWeek sifts through a database of 2,200 publicly traded companies with revenues of $50 million to $1.5 billion a year. The companies are then ranked by sales and earnings growth, as well as return on capital over three years. Contenders must have a market cap of $25 million or more and a stock that trades for at least $5 per share. This year, Trex expanded its product line to include Trex Brasilia(TM), a premium deck line with a rainforest-look. Conceived using a patent pending extrusion process, Trex Brasilia offers the distinctive look of tropical hardwoods without the high installation costs and ongoing maintenance requirements associated with rainforest timbers. BusinessWeek’s cover story “Hot Growth Companies” is available online and appeared on newsstands on Monday, May 30. Website: [sorry this link is no longer available]     

Read More

Solar Power Heats Up

by Joseph Pereira, June 2, 2005 Tired of paying $140 a month in electric bills, Frank Corradi decided to do something about it. So last December, he had part of the roof on his four-bedroom colonial covered with solar panels. Today his suburban Cedar Grove, N.J., home is a mini power station. Not only does it produce enough electricity to run the household, it also generates about $170 in cash roughly every six weeks for Mr. Corradi under a state program that rewards developers of clean energy. “That’s a treasure sitting up there on my roof,” says the 43-year-old financial analyst. Once almost the exclusive domain of the ecologically minded, solar electricity, also known as photovoltaic power, is starting to attract pragmatists simply looking for a way to cut their electric bill. Installation costs have fallen sharply in recent years, at the same time that states have been expanding their tax breaks and rebates. Mr. Corradi’s project, which cost about $50,000, would have come at about twice that amount just a decade ago. In addition, various incentives covered more than two-thirds of his out-of-pocket costs. Incentives such as these are expanding quickly and are now available in more than 30 […]

Read More