Crane Group Selling TimberTech Decking Business to Azek

september 4 2012

The Columbus-based conglomerate, is selling its TimberTech decking division to Scranton, Pa.-based CPG International Inc. in a deal expected to close next month. “This was a difficult decision for our company and our family, but we think this acquisition positions the business to continue to be a leader in its product lines,” Crane CEO Tanny Crane said in a media release.

Wilmington-based TimberTech makes composite decking, railing and accessories. The low-maintenance wood substitute is a mix of plastic with organic materials such as wood. CPG International specializes in alternative building materials that serve as substitutes for wood, metal and other traditional construction materials. Its Azek Building Products unit makes decking, railing, porch boards and other products.

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