Trinity Industries (NYSE: TRN) is a manufacturing company which specializes on railcars. The company makes money by selling railcars, railcar parts, highway products like guardrails, inland barges, wind towers, pressurized and non-pressurized tanks. Trinity Industries also leases tank and freight cars to clients. Most of these leases range from a single year to 20 years in length. The company runs most of its operations in North America. For the full year 2010, Trinity Industries announced a total revenue of $2.2B and a net income of $75.4M..
Trinities manufactured goods rely heavily on the prices for steel, its main raw input. Most of the company's products are built out of steel. Furthermore, steel makes up roughly 60% of the total production cost of each railcar. As a result, shortages in steel, price increases, or the movement of steel mills abroad will increase the cost of the company's operations.