Trinity spinning off infrastructure companies
(WorldNews Business)

Dallas-based Trinity Industries said Tuesday that its board voted unanimously to spin off the company`s infrastructure-related businesses to Trinity shareholders. TrinityRail, which employs nearly 1,000 people in Longview, is expected to remain with Trinity Industries, which will operate rail leasing, manufacturing and services business. A separate public company would be focused on infrastructure. `The new infrastructure company will have the...