Growth. Trinity Industries started as an LP tank manufacturer. Over the years, it evolved into a diversified manufacturing company whose core business is railcar manufacturing and leasing.The Trinity board of directors saw an opportunity to spin-off the non-rail, infrastructure related businesses and position the new company for aggressive growth.
This was completed on November 1, 2018, when the shares of Arcosa were distributed, tax free, to Trinity Industries shareholders. Arcosa is well capitalized and completed the first of many planned acquisitions in November 2018.