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  "documentTitle": "Azek | Investor Presentation Deck | 37 slides",
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  "presentationDate": "2022-12-01 00:00:00",
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      "text": "Example New Production Lines - Wilmington, OH",
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      "text": "STRATEGIC CAPACITY INVESTMENTS: Multi-phase expansion, >100% incremental Decking production, Phase I & II completed, Phase II B expansion, Phase III Boise facility, Phase IV expansion",
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      "text": "CAPITAL ALLOCATION PRIORITIES: Invest to support the business (Organic growth, operational and recycling investments), Strategic M&A (Product adjacencies, new technologies, vertical integration), Leverage (Target net leverage in the ~2.5x Adj. EBITDA range)",
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      "text": "Source: Company financials. Note: Refer to Appendix for reconciliations for total debt, net debt and net leverage.",
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      "text": "NET LEVERAGE SUMMARY – LTM 9/30/21: Cash $251, Revolver -, Term Loan $468, Total Debt $468, Net Debt $217, LTM Q4 2021 Adj. EBITDA $274, Total Leverage 1.7x, Net Leverage 0.8x",
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