Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Trinity Industries Inc    TRN

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Trinity Industries, Inc. : Announces the $40 Million Acquisition of the Assets of Armstrong Bros. Holding Co.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/14/2012 | 10:05pm CET

Trinity Industries, Inc. (NYSE:TRN) today announced that through a wholly-owned subsidiary it has acquired the assets of Armstrong Bros. Holding Co., a Michigan-based manufacturer and lessor of trench shields and shoring equipment for the underground construction industry. The purchase price for the assets was approximately $40 million and includes net working capital, rental fleet assets, associated manufacturing and operational facilities, and certain patents and trademarks. The assets will be reflected in the Construction Products segment for financial reporting purposes.

"We are excited about the opportunity to further expand the product offerings and customer base for the Construction Products business in the North American infrastructure-related market," said William A. McWhirter II, Trinity Industries, Inc. Senior Vice President and Construction, Marine, and Parts & Components Group President. "This transaction represents further progress in repositioning the Construction Products segment to align with products that have more consistent demand drivers."

Trinity Industries, Inc., headquartered in Dallas, Texas, is a diversified industrial company that owns a variety of market-leading businesses which provide products and services to the industrial, energy, transportation, and construction sectors. Trinity reports its financial results in five principal business segments: the Rail Group, the Railcar Leasing and Management Services Group, the Inland Barge Group, the Construction Products Group, and the Energy Equipment Group. For more information, visit: www.trin.net.

Trinity Industries, Inc.
Jessica Greiner, 214-631-4420
Director of Investor Relations


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TRINITY INDUSTRIES INC
02/17 TRINITY INDUSTRIES INC : Results of Operations and Financial Condition, Regulati..
02/17 TRINITY INDUSTRIES : Management's Discussion and Analysis of Financial Condition..
02/17 TRINITY INDUSTRIES : tops forecasts for 4Q profits
02/16 TRINITY INDUSTRIES : beats 4Q profit forecasts
02/16 TRINITY INDUSTRIES, INC. : Announces Fourth Quarter and Full Year 2016 Results
01/30 TRINITY INDUSTRIES, INC. : Announces Date for Earnings Release
01/27 TRINITY INDUSTRIES : Release of Waybill Data
01/11 TRINITY INDUSTRIES INC : ex-dividend day
2016 TRINITY INDUSTRIES : Family Files Wrongful Death Suit Against Trinity Industries..
2016 TRINITY INDUSTRIES : Declares Quarterly Dividend
More news
Sector news : Industrial Conglomerates
02/25 Buffett mulls change to canny Bank of America stake if dividend rises
02/24 Safran ready to discuss A400M, but won't share Airbus penalties
02/24 Exclusive - Trump says Republican border tax could boost U.S. jobs
02/23 BOEING 'NOT COMPETITIVE', BUT TAX RE : Cfo
02/23 Canada's Iron Ore Company budgets C$79 million for mine expansion
More sector news : Industrial Conglomerates
News from SeekingAlpha
02/23 Trinity Industry Offers Investors No Margin Of Safety At Its Current Price
02/21 COCKTAIL INVESTING PODCAST EP. 3 : Trump, Infrastructure And Bill Sandbrook Of U..
02/20 Why Shares Of Trinity Industries Popped
02/19 Tracking Jeffrey Ubben's ValueAct Portfolio - Q4 2016 Update
02/17 Trinity Industries' (TRN) CEO Tim Wallace on Q4 2016 Results - Earnings Call ..
Advertisement
Financials ($)
Sales 2017 3 666 M
EBIT 2017 484 M
Net income 2017 177 M
Debt 2017 1 480 M
Yield 2017 1,21%
P/E ratio 2017 23,13
P/E ratio 2018 26,27
EV / Sales 2017 1,54x
EV / Sales 2018 1,61x
Capitalization 4 162 M
More Financials
Chart TRINITY INDUSTRIES INC
Duration : Period :
Trinity Industries Inc Technical Analysis Chart | TRN | US8965221091 | 4-Traders
Full-screen chart
Technical analysis trends TRINITY INDUSTRIE...
Short TermMid-TermLong Term
TrendsBearishBullishBullish
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 10
Average target price 27,0 $
Spread / Average Target -1,3%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Timothy R. Wallace Chairman, President & Chief Executive Officer
James E. Perry Chief Financial Officer & Senior Vice President
Stephen W. Smith Chief Technical Officer & Vice President
W. Relle Howard Chief Information Officer & Vice President-IT
David Wayne Biegler Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
TRINITY INDUSTRIES INC-2.81%4 162
GENERAL ELECTRIC COMPA..-5.00%267 073
3M CO4.83%111 734
SIEMENS AG4.24%109 190
HONEYWELL INTERNATIONA..7.74%95 172
E I DU PONT DE NEMOURS..8.43%69 002
More Results