Following its spin-off from Trinity, Arcosa (ACA) has gained an independent line of sight and a renewed focus to concentrate on its three key business segments: energy equipment, transportation products, and construction products.
Management had highlighted the strategic priorities for each segment: to grow construction products organically & inorganically, to expand energy equipment' margin and to ride a positive business cycle in its transportation products business. Since November 2018, management has fulfilled these objectives.
The company has already acquired ACG Materials in December 2018 to add ~50% revenue to its construction business. The