Background
Trinity Industries came into being in the year 1958, after the merger of two propane tank companies; Dallas Tank and Trinity Steel, both of which were struggling at that point in time. W Ray Wallace was appointed as the CEO of the company. He served the company for almost fort years and led it to be one of the leading companies in its respective industry in US. From a struggling manufacturer of propane tanks, the company became a 2.4 billion dollar giant. Trinity industries offers a diversified range of services and products to its customers in the sectors of energy, industrial, construction, and transportation.
After, Ray Wallace, his son took charge of the company, and he further led it to become a 3.8 billion dollars enterprise. The rail group of the company offers rail cars, its maintenance services, its management and administrative services, leasing options, and management and maintenance services from a third party as well. The construction group of the company offers products and services that are related to infrastructure. For example, barriers for protection, raw material, guard rails, and equipment and tools, which are used in industries for different purposes.The energy group of Trinity Industries offers products and services for the production of energy and its infrastructure.
The goal of the company is to lead in all of the sectors in which it is operating. Currently, the marine product group of the company is the largest producer of fiberglass covers and inland barges. Secondly, its group of highway products and services is the only full-time producer in the industry (crash cushions and highway guardrail).
Business Structure
The business structure of the business is as follows.
| Trinity Rail Maintenance Services, Inc. |
| Standard Forged Products,LLC. |
| Trinity North American Freight Car, Inc.
|
| Trinity Industries Leasing Company. |
| Trinity Shoring Products, Inc. |
| Trinity Highway Products, LLC. |
| Trinity Industries De Mexico. |
| Platinum Energy Services ULC |
| Trinity Structural Towers, Inc. |
| Trinity Meyer Utility Structures, LLC. |
| Trinity Construction Materials, Inc. |
| Energy Absorption Systems, Inc. |
| Trinity Rail Maintenance Service, LLC |
| Trinity Rail Products, LLC. |
The top competitors of the company includes Greenbrier, which was founded in the year 1974. Greenbrier competes with Trinity Industries in the marine industry. From revenue perspective, Greenbrier is generating more revenues than Trinity Industries i.e. 1.5 billion dollars more.
Another major competitor of Trinity Industries is American Railcar Industries. It is a public company and it was founded in the year 1994. As the name suggests American Railcar Industries competes with Trinity Industries in the sector of railroads. In comparison to Trinity Industries, the American Railcar Industries had almost fourteen thousand more employees.
Currently i.e. in 2011, the company consists of twenty two business units and about seventy plants. The total number of employees of the company is over twenty-two thousand, out of which over eleven thousand are engaged in US, and over ten thousand are engaged in Mexico.................
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