Azek Co Stock Price, News & Analysis

The AZEK Company Inc. (formerly CPG Newco LLC) is a manufacturing company that focuses on all other plastics product manufacturing, with a primary emphasis on outdoor living building products. According to company disclosures, AZEK designs and manufactures beautiful, low-maintenance and environmentally sustainable outdoor living products that primarily replace wood on the outside of homes. The company’s products are made from up to 85% recycled material and are positioned as long-lasting, eco-friendly and stylish solutions for residential applications.

AZEK is headquartered in Chicago, Illinois and has stated that it operates manufacturing and recycling facilities in Ohio, Pennsylvania, Idaho, Georgia, Nevada, New Jersey, Michigan, Minnesota and Texas. The company was founded in 2013 and changed its name from CPG Newco LLC to The AZEK Company Inc. in June 2020. Its Class A common stock previously traded on the New York Stock Exchange under the ticker symbol AZEK before the completion of a merger with James Hardie Industries plc, after which AZEK became a wholly owned subsidiary of James Hardie.

Business focus and product portfolio

Across its disclosures and news releases, AZEK consistently describes itself as an industry-leading designer and manufacturer of outdoor living products. Its portfolio includes:

• TimberTech Decking and Railing, including TimberTech Advanced PVC decking and collections such as the Vintage Collection, which the company highlights for Class A Flame Spread Ratings and superior resistance to ignition and flame spread in controlled tests.
• AZEK Trim and Moulding, including AZEK Trim and AZEK Trim® products that provide low-maintenance alternatives to wood trim on the exterior of homes.
• Versatex Trim, which expands the company’s trim and exterior solutions offering.
• StruXure pergolas, which extend the company’s presence in outdoor structures and shade systems.

Earlier company descriptions and filings also reference additional product lines such as porches, moldings, railings, pavers, bathroom and locker systems, and extruded plastic sheet products for industrial markets. AZEK has marketed products under brand names including AZEK, Celtec, Playboard, Seaboard, Flametec, Designboard, Cortec, Sanatec, Scranton Products, Aria Partitions, Eclipse Partitions, Hiny Hiders, Tufftec lockers and Duralife lockers. Over time, AZEK has refined its portfolio, including the sale of its Vycom business and the divestiture of its Commercial segment’s Scranton Products business to Sky Island Capital.

Residential and commercial orientation

AZEK’s public communications emphasize its Residential segment, which includes Deck, Rail & Accessories and Exteriors product categories. The company highlights TimberTech decking as a cornerstone of its residential growth and notes that its products are designed to replace traditional wood with low-maintenance, durable alternatives. AZEK has also operated a Commercial segment, which historically included Scranton Products, a business with a legacy dating back to 1978 that focuses on high-density polyethylene (HDPE) plastic bathroom partitions and lockers. AZEK completed the sale of Scranton Products to Sky Island Capital, reflecting an ongoing reshaping of its commercial portfolio.

AZEK describes its growth strategy as driven by “material conversion” away from wood toward its engineered products, expansion of brand and channel presence, and ongoing product innovation. The company’s disclosures repeatedly reference strong residential sell-through growth, expanded market presence across Deck, Rail & Accessories and Exteriors, and new product launches such as TimberTech Harvest+ decking, TimberTech Fulton Rail, TimberTech Reliance Rail, Versatex XCEED siding and TrimLogic exterior trim made with high recycled PVC content.

Sustainability and recycling focus

Sustainability is a central theme in AZEK’s positioning. The company states that its products are made from up to 85% recycled material and that it is committed to accelerating the use of recycled material in manufacturing. AZEK reports that this approach keeps hundreds of millions of pounds of waste and scrap out of landfills each year and supports what it calls its FULL-CIRCLE sustainability strategy.

AZEK has expanded its recycling capabilities through acquisitions and facility investments. For example, it acquired Northwest Polymers, a post-industrial and post-commercial plastic recycler in Oregon, to increase its capacity to source and process recycled materials and support its FULL-CIRCLE PVC Recycling program in the western United States. The company also notes acquisitions of regional recycling facilities and the purchase of a manufacturing site in Pennsylvania as part of its strategy to expand its recycling network and capabilities.

AZEK reports that it is the largest vertically integrated recycler of PVC in the United States and that it focuses on collecting and recycling post-construction PVC scrap to repurpose it into high-performance building products across its portfolio. The company has also announced that the Science Based Targets initiative (SBTi) validated its near-term science-based targets for reducing greenhouse gas emissions, including specific reduction goals for scope 1, 2 and certain scope 3 emissions.

Innovation, performance and recognition

AZEK emphasizes innovation in product performance, particularly around durability, fire resistance and climate resilience. In one example, the company released a controlled-environment fire comparison video demonstrating TimberTech Advanced PVC Vintage Collection decking’s resistance to ignition and flame spread compared to other decking materials with lower flame spread ratings. AZEK highlights that several of its Advanced PVC collections offer top-rated fire performance, including Class A Flame Spread Ratings, ignition-resistant designations and WUI (Wildland-Urban Interface) compliance.

The company has launched digital tools to support architects and design professionals, such as a platform providing product insights, technical documentation, continuing education courses and design resources related to fire resistance across AZEK’s portfolio. This platform is described as supporting climate-adaptive design and wildfire resilience in both rebuilding and proactive design contexts.

AZEK reports multiple third-party recognitions, including being 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 Barron’s 100 Most Sustainable U.S. Companies, and one of TIME’s World’s Best Companies in Sustainable Growth for 2025. TimberTech has been highlighted in Fast Company’s Brands That Matter list, and TimberTech’s Aluminum Deck Framing has received Sustainable Product of the Year honors from Green Builder Media. AZEK also notes the 25th anniversary of AZEK Trim, which it describes as pioneering the PVC trim category.

Corporate structure and merger with James Hardie

AZEK operated as an independent, publicly traded company on the New York Stock Exchange under the symbol AZEK until its acquisition by James Hardie Industries plc. On March 23, 2025, AZEK and James Hardie entered into an Agreement and Plan of Merger under which James Hardie agreed to acquire AZEK for a combination of cash and James Hardie shares. AZEK shareholders approved the merger agreement at a special meeting of stockholders, with AZEK reporting that the holders of a substantial majority of shares voted in favor of the transaction.

According to AZEK’s Form 8-K dated July 1, 2025, the merger closed on July 1, 2025. At the effective time of the merger, Juno Merger Sub, Inc., a wholly owned subsidiary of James Hardie, merged with and into AZEK, with AZEK surviving as a wholly owned subsidiary of James Hardie. Each share of AZEK Class A common stock issued and outstanding immediately prior to the effective time (other than specified excluded shares) was canceled and converted into the right to receive a specified amount of cash and a specified number of James Hardie ordinary shares, plus cash in lieu of fractional shares, in accordance with the merger agreement.

In connection with the completion of the merger, AZEK notified the New York Stock Exchange that the effective time had occurred and requested suspension of trading and removal of its common stock from listing. A Form 25 was filed to remove AZEK’s Class A common stock from listing and registration on the NYSE, and a subsequent Form 15 was filed to terminate the registration of AZEK’s common stock under Section 12(g) of the Exchange Act and suspend its reporting obligations under Sections 13 and 15(d).

Implications for AZEK stock

Following the completion of the merger with James Hardie and the subsequent Form 25 and Form 15 filings, AZEK’s Class A common stock is no longer listed on the New York Stock Exchange and is deregistered under the Securities Exchange Act of 1934. Former AZEK stockholders’ rights as holders of AZEK common stock were converted into rights to receive the merger consideration as described in the merger agreement. For current equity exposure to the combined business, investors would look to James Hardie Industries plc, whose ordinary shares are listed on the Australian Securities Exchange and, according to the transaction description, are also listed on the New York Stock Exchange.

Historical context for AZEK as a plastics product manufacturer

From the perspective of industry classification, AZEK falls within the Manufacturing sector, specifically All Other Plastics Product Manufacturing. Historically, the company’s product set has included trims, decks, porches, moldings, railings, pavers, bathroom and locker systems, and extruded plastic sheet products for special industrial applications. Over time, AZEK has focused its strategy on outdoor living and exterior building products that replace wood, supported by its integrated recycling operations and emphasis on sustainability.