Trinity Industries, Inc. Announces the $40 Million Acquisition of the Assets of Armstrong Bros. Holding Co.

  Trinity Industries, Inc. Announces the $40 Million Acquisition of the Assets
  of Armstrong Bros. Holding Co.

Business Wire

DALLAS -- December 14, 2012

Trinity Industries, Inc. (NYSE: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.

“We are excited about the opportunity to further expand the product offerings
and customer base for the Construction Products business in the North American
infrastructure-related market,” said William A. McWhirter II, Trinity
Industries, Inc. Senior Vice President and Construction, Marine, and Parts &
Components Group President. “This transaction represents further progress in
repositioning the Construction Products segment to align with products that
have more consistent demand drivers.”

Trinity Industries, Inc., headquartered in Dallas, Texas, is a diversified
industrial company that owns a variety of market-leading businesses which
provide products and services to the industrial, energy, transportation, and
construction sectors. Trinity reports its financial results in five principal
business segments: the Rail Group, the Railcar Leasing and Management Services
Group, the Inland Barge Group, the Construction Products Group, and the Energy
Equipment Group. For more information, visit: www.trin.net.

Contact:

Trinity Industries, Inc.
Jessica Greiner, 214-631-4420
Director of Investor Relations