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Trinity Structural Towers

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About Trinity Structural Towers

If Trinity Industries had a theme song, it would be sung by Boxcar Willie. The company manufactures auto carriers, box cars, gondola cars, hopper cars, intermodal cars, and tank cars -- in short, railcars for hauling everything from coal to corn syrup. Trinity also leases and manages railcar fleets. Its Inland Barge unit builds barges used to transport – more... coal, grain, and other commodities. In addition to transportation, other Trinity businesses provide products and services to the industrial, energy (structural towers for wind turbines, metal containers for liquefied petroleum gas and fertilizer), and construction (concrete, aggregates, highway guardrails) sectors. About 94% of its business is US-generated.

The rest of the company's business is generated in Mexico, where company tanks are manufactured under the brand name TATSA. Throughout North America, Trinity serves its customers from five business groups: Rail, Construction Products, Railcar Leasing, Inland Barge, and Energy Equipment. The divisions conduct business through subsidiaries.

After seeing its revenues drop in 2010, Trinity saw both its revenues and net income sizably increase for the year ended in 2011. Revenues jumped 40% from $2.2 billion to almost $3.1, while its profits skyrocketed over 100% from $67 million to $142 million. The company attributes the revenue increase to a higher demand in sales in its Rail and Inland Barge Groups in addition to more sales and higher rental volumes from its Leading segment. Its surge in profits benefited from this increase in revenue along with a decrease in the amount of expenses it paid throughout 2011.

Trinity Rail Group in 2011 shipped about 14,065 railcars -- 30% market share (by shipment) -- of the North American railcar industry. The group also entered a supply agreement with GATX in 2011 to deliver 12,500 railcars (tank and freight) over the next five years. The division manufactures freight railcars that transport liquids, gases, and dry cargo. Auto carriers transport vehicles; box cars transport food and wood products, auto parts, and paper; gondola cars are used for hauling coal; hopper cars carry cargos such as grain, plastic pellets, and cement; intermodal cars are interchangeable among railcar, truck, and ship; specialty cars handle waste-hauling, starch, and flour; and tank cars transport liquefied and pressurized commodities.

The company's Construction Products Group increased its revenue slightly in 2011. This division produces concrete, aggregates, and asphalt; it manufactures highway products, which include beams and girders used in highway bridge construction. Other highway products include guardrails, cable barrier systems, and crash cushions, which are sold in the US and over 35 countries worldwide. Trinity owns mining operations in Texas, Arkansas, and Louisiana, which produce sand, gravel, and limestone base. Armor Aggregates provides asphalt and base products for construction. Customers include state agencies and contractors for road surface and repair.

Trinity's Railcar and Leasing Management Services Group operates primarily through Trinity Industries Leasing Company (TILC), as well as other subsidiaries, and markets its services under the TrinityRail brand name. It provides leasing options to companies involved in petroleum, chemical, agricultural, and energy industries, among others. Majority-owned subsidiary TRIP Holdings and its subsidiary Rail Leasing (TRIP Leasing) provide railcar leasing and management services in North America, with a fleet of approximately 14,350 owned railcars. In fall 2010 Trinity acquired additional interest in TRIP Holdings for about $29 million; the increased stake helped offset the overall decline of product shipments for Trinity. With TRIP's fleet, Trinity collectively owns more than 68,000 railcars.

Inland Barge Group, with its four barge production facilities, manufactures dry cargo barges (flat-deck and hopper), which transport products such as grain, coal, and aggregates. Tank barges carry petroleum, fertilizer, chemicals, and other liquid cargoes. This business makes fiberglass barge covers and deck hardware (brand name Nabrico), including hatches, castings, and winches for other watercraft and dock facilities. Primary customers are commercial marine transportation companies.

Trinity's Energy Equipment Group makes tank containers and tank heads for pressure vessels, propane tanks, and structural wind towers. Trinity Industries de Mexico, (brand name TATSA), manufactures containers for liquefied petroleum gas. It also manufactures containers for fertilizers, comestibles, and ammonia.

While the company made no significant acquisitions in the last couple of years, it did acquire Quixote for about $63 million in early 2010. Quixote was fully absorbed into Trinity's Construction Products division and renamed Energy Absorption Systems (EAS). This acquisition brought highway safety products together with Trinity's portfolio of safety offerings, which provides a more comprehensive offering of construction safety products from a single source. It also expanded Trinity's presence in international markets where infrastructure spending remains strong. – less

Trinity Structural Towers Employer Reviews

Maintenance Technician (Former Employee), Clinton, ILJuly 25, 2013
Welder A (Former Employee), Newton, IAMay 28, 2013
Administrative Assistant (Former Employee), Coleman, TXMarch 23, 2013
QA Inspector (Current Employee), Clinton, ILOctober 13, 2012
welder (Current Employee), Clinton, ILJune 24, 2012

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