DALLAS--(BUSINESS WIRE)--Trinity Industries, Inc. (NYSE:TRN) announced today that its subsidiary, Trinity Materials Inc., has acquired certain aggregates operations of Texas Industries, Inc. (“TXI”) that serve markets in Texas and Louisiana.
As part of the transaction, Transit Mix Concrete and Materials Company, also a subsidiary of Trinity Industries, Inc., transferred existing ready mix operations to TXI that serve the Central Texas market.
“The transaction with TXI is consistent with our strategy to focus our ready mix business on smaller markets and continue to grow the aggregates side of our Construction Products business,” said William A. McWhirter II, Trinity Industries, Inc. Senior Vice President and Construction, Marine, Parts & Components Group President.
Trinity Industries, Inc., headquartered in Dallas, Texas, is a multi-industry 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.