DALLAS--(BUSINESS WIRE)--
Trinity Highway Products, LLC (“Trinity Highway”), a wholly owned
subsidiary of Trinity Industries, Inc. (NYSE: TRN), questions the
circumstances under which the Virginia Department of Transportation
(“VDOT”) is conducting a series of six crash tests on the Trinity
Highway ET Plus® System.
Today, the Texas A&M Transportation Institute (“TTI”), the designer of
the ET Plus® System, released a statement that it has no confidence in
the crash tests being performed by VDOT. Please see the following link
for TTI’s statement: https://tti.tamu.edu/wp/wp-content/uploads/2014/12/TTI-Statement-on-Virginia-Crash-Tests-FINAL-09-18-15.pdf.
VDOT is conducting arbitrary, non-standard crash testing of the ET Plus®
System. In Trinity Highway’s opinion, VDOT’s intention is to create the
appearance that the product has failed crash tests for purposes of
litigation. Trinity Highway shares TTI’s lack of confidence in the crash
tests being performed by VDOT.
VDOT’s further testing of the most-tested roadway safety device is
unnecessary. Changing the standards under which such tests are conducted
is unsound and of utmost concern. It is altogether indefensible that one
roadside safety product would be tested to a different set of standards
than all others.
Earlier this year, the ET Plus® System successfully passed all eight
crash tests that were requested by the Federal Highway Administration
(“FHWA”), which included two tests requested by VDOT. FHWA and VDOT
officials reviewed and approved Trinity Highway’s comprehensive written
test plan and observed each test. All eight standard tests were
successfully conducted under National Cooperative Highway Research
Program Report 350 guidelines and the data and outcome of each test was
reviewed and validated by an independent expert and professor at
Virginia Tech. Last week, a joint task force of FHWA and the American
Association of State Highway and Transportation Officials determined
there are no performance limitations unique to the ET Plus® System and
that no further crash testing is warranted.
Trinity’s ET Plus® System has been thoroughly reviewed by federal and
state highway officials and multiple independent experts. Since its
introduction, the ET Plus® System has been accepted by the FHWA for use
on the nation’s roadways and has an unbroken chain of eligibility for
federal aid reimbursement.
For additional facts and information related to the ET Plus®
System and continued updates on this matter, you can refer to http://etplusfacts.com/Virginia.
For more information related to TTI guardrail resources: http://tti.tamu.edu/etguardrailresources/
Trinity Industries, Inc., headquartered in Dallas, Texas, is a
diversified industrial company that owns market-leading businesses,
which provide products and services to the energy, transportation,
chemical, and construction sectors. Trinity reports its financial
results in five principal business segments: the Rail Group, the Railcar
Leasing and Management Services Group, the Inland Barge Group, the
Construction Products Group, and the Energy Equipment Group. For more
information, visit: www.trin.net.
Some statements in this release, which are not historical facts, are
“forward-looking statements” as defined by the Private Securities
Litigation Reform Act of 1995. Forward-looking statements include
statements about Trinity's estimates, expectations, beliefs, intentions
or strategies for the future, and the assumptions underlying these
forward-looking statements. Trinity uses the words “anticipates,”
“believes,” “estimates,” “expects,” “intends,” “forecasts,” “may,”
“will,” “should,” “guidance” and similar expressions to identify these
forward-looking statements. Forward-looking statements involve risks and
uncertainties that could cause actual results to differ materially from
historical experience or our present expectations. For a discussion of
such risks and uncertainties, which could cause actual results to differ
from those contained in the forward-looking statements, see “Risk
Factors” and “Forward-Looking Statements” in the Company's Annual Report
on Form 10-K for the most recent fiscal year.
View source version on businesswire.com: http://www.businesswire.com/news/home/20150918005838/en/
Trinity Industries, Inc.
Investor Contact:
Jessica L.
Greiner, 214-631-4420
Director of Investor Relations
or
Media
Contact:
Jack Todd, 214-589-8909 or 214-589-2567
Vice
President of Public Affairs
Source: Trinity Industries, Inc.