Trinity is one of today’s leading freight car builders. Despite not building their own equipment until the late 1960s, the company has been on an amazing path of growth over the past fifty years and through its acquisitions has one of the most experienced pedigrees in the business.
Trinity didn’t start with railcars. The modern Trinity Industries formed in 1958 from a merger of the Dallas Tank Company and Trinity Steel. The company’s major focus was on tanks for the petroleum and natural gas industry as well as supporting equipment. This included building tanks for rail car use.
After supplying components, Trinity went all-in for their first complete tank car in 1977. Building the complete car offered better profit margins and the company expanded its construction aggressively. By 1980 they were among the top five builders in…
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