Trinity Industries, Inc. Completes Its Previously Announced Transaction with Texas Industries, Inc.

  Trinity Industries, Inc. Completes Its Previously Announced Transaction with
  Texas Industries, Inc.

Business Wire

DALLAS -- March 28, 2013

Trinity Industries, Inc. (NYSE:TRN) announced today that its subsidiary,
Trinity Materials, Inc., has closed its previously announced agreement to
acquire certain aggregates operations of Texas Industries, Inc. (“TXI”)
located in Texas, Colorado, and California and TXI’s DiamondPro^®
product-line.

In exchange for these assets, Transit Mix Concrete and Materials Company, also
a subsidiary of Trinity Industries, Inc., has transferred to TXI its remaining
ready mix operations located in the East Region of Texas and parts of
Arkansas, representing the full divestiture of its ready-mix concrete
business. As a result of the expected closing, financial results for the
ready-mix operations were accounted for as a discontinued operation in the
Company’s latest financial statements dated as of December 31, 2012.

“I am pleased to complete this transaction with TXI and build on our efforts
to reposition the Construction Products Group. Our repositioning strategy
centers around products that have more consistent demand drivers and offer
greater opportunities for improved returns,” said William A. McWhirter II,
Trinity Industries, Inc. Senior Vice President and Construction, Energy, and
Inland Barge Group President.

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 L. Greiner, 214-631-4420
Director of Investor Relations
 
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