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Trinity Industries, Inc. (NYSE:TRN) today announced that its subsidiary, U.S. Galvanizing, LLC, has acquired a galvanizing facility located in San Antonio, Texas from Southwest Galvanizing, Inc. The facility provides a full range of hot dip galvanizing services for the San Antonio area and surrounding markets serving a diverse group of industrial and energy end markets. The assets and results of operations of this acquisition will be reflected in the Construction Products Group for financial reporting purposes and will not have a material impact on Trinity’s consolidated results.
“The acquisition of the San Antonio facility provides additional scale and geographic diversity to our existing galvanizing operation which is based in the southern United States,” said William A. McWhirter II, Trinity Industries, Inc. Senior Vice President and Construction, Energy, and Inland Barge Group President. “We are excited to serve a region with strong economic growth prospects as well as build upon Trinity’s strategy to be a premier, diversified industrial company through the acquisition of complementary product portfolios.”
Trinity Industries, Inc., headquartered in Dallas, Texas, is a diversified industrial company that owns market-leading businesses which provide products and services to the energy, transportation, chemical 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: