WASHINGTON (dpa-AFX) - Trinity Industries, Inc. (TRN) said Friday that it has acquired the assets of WesMor Cryogenic Companies through a newly formed subsidiary.
WesMor specializes in the manufacturing, repair, and rehabilitation of cryogenic containers that store and transport LNG and other industrial gases with initial expected annual revenues of about $25 million.
The deal includes the acquisition of a manufacturing facility in La Porte, Texas and three service facilities located in La Porte; Slidell, Louisiana; and Port Washington, Ohio.
The assets and results of operations for the WesMor acquisition will be reflected in the Energy Equipment Group for financial reporting purposes.
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