Trinity Industries
Trinity Industries Inc., today is a diversified industrial company providing various products and services to a multitude of different business sectors. The company as we know it today, began in 1933 when C.J. Bender founded Trinity Steel. Trinity Steel was a manufacturer of butane tanks. In 1958 Trinity Steel merged with Dallas Tank Company to form Trinity Industries. The first President and CEO of Trinity Industries was Ray Wallace, who worked for Trinity Steel at the time of the merge. From inception Trinity Industries has been driven to be at the top of the markets it operates in, and today this remains the goal.
Trinity Industries is “divided” into five different business segments, the Rail Group, Railcar Leasing and Management Services Group, Construction Products Group, Energy Equipment Group and the Inland Barge Group. Each segment specializes in providing different products and services. Within each business segment Trinity owns and operates numerous businesses.
As we can see in the above table, Trinity Industries operates in various businesses under multiple companies. In each and every business segment Trinity strives to provide top of the line products and continue to be an industry leader.
As of December 2015, Trinity Industries employed 22,030 people, with the majority of those individuals employed under the Rail group. This employment figure is made up of 11,490 employees within the United States and 10,470 employed in Mexico. When Trinity Industries Inc. began, Ray Wallace was the first President and CEO. Since the beginning (and to this day) leadership within the company has remained strong and focused. Currently Timothy Wallace, the son of Ray Wallace is the CEO. Along with the CEO of Trinity, other management and officer positions have remained stable.
As discussed, Trinity Industries Inc., is a leader in their business ventures. Trinity...