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Construction M&A image Construction M&A » By The Online Investor Staff, updated Tue., Jan. 26, 4:39 AM Recent mergers and acquisitions in the Construction M&A category.

Slide #48. Trinity Industries, Inc. Seaboard Railcar Repair

Acquirer: Trinity Industries, Inc. (NYSE:TRN)
Acquiree: Seaboard Railcar Repair
Details: Trinity Industries, Inc. (NYSE:TRN) today announced that its subsidiary, Trinity Railcar Repair, Inc., has acquired the assets of Seaboard Railcar Repair ("Seaboard"). Seaboard provides a full range of services for both tank and freight railcars ranging from standard maintenance and program modifications to specialized cleaning, blasting, lining, painting, inspection and testing. The transaction includes the acquisition of two maintenance facilities located in Oklahoma and North Carolina with access to a number of major railroad interchanges. The assets and results of operations of this acquisition will be reflected in the Rail Group for financial reporting purposes.

Trinity Industries is a provider of railcar products and services in North America. Co. has the following reportable segments: Railcar Leasing and Management Services Group, which provides operating leases for freight and tank railcars, as well as originates and manages railcar leases for third-party investors and provides fleet maintenance and management services to industrial shippers; Rail Products Group, which manufactures freight and tank railcars in North America used for transporting a variety of liquids, gases, and dry cargo, and also provides a range of maintenance services and solutions; and All Other, which includes Co.'s highway products business.

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Company Name: 
Trinity Industries, Inc.
Stock buyback: 
TRN buyback
Website: 
www.trin.net
Sector: 
Railroads
Number of ETFs Holding TRN: 
63
Total Market Value Held by ETFs: 
$379.27M
Total Market Capitalization: 
$3.20B
% of Market Cap. Held by ETFs: 
11.84%
 

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Buy (3.00 out of 4)
27th percentile
(ranked lower than approx. 73% of all stocks covered)

Analysts' Target Price:
TRN Stock Forecast

Based on Zacks ABR data;
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