Trinity Industries, Inc. TRN today announced that through a
wholly-owned subsidiary it has acquired the assets of Armstrong Bros. Holding
Co., a Michigan-based manufacturer and lessor of trench shields and shoring
equipment for the underground construction industry. The purchase price for
the assets was approximately $40 million and includes net working capital,
rental fleet assets, associated manufacturing and operational facilities, and
certain patents and trademarks. The assets will be reflected in the
Construction Products segment for financial reporting purposes.
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