Texas Industries to acquire ready-mix concrete business from Trinity Industries Texas Industries (TXI) announced that its subsidiaries have entered into agreements to exchange its expanded shale and clay aggregates manufacturing business for the ready-mix concrete business of subsidiaries of Trinity Industries (TRN) in east Texas and southwest Arkansas.
News For TXI;TRN From The Last 14 Days
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Trinity Industries reports Q2 EPS $1.01, consensus 77c Reports Q2 revenue $1.5BM, consensus $1.35B. The company said, "Consolidated revenues increased 39% year-over-year and net earnings nearly doubled, outpacing revenue growth by a wide margin. The amount of operating leverage we obtained and the record $6.5 billion backlog in our major businesses at the end of the second quarter were impressive."