The songs were recorded in 1994 by Parton, Ronstadt and Harris, but label disputes and conflicting schedules of the three women prevented their release at the time. Eventually, Ronstadt remixed the five above-mentioned tracks (sans Parton's vocals) to include in Feels Like Home. In 1999 (after Parton and Harris had parted ways with their respective labels), they decided to release the album as originally recorded. Though it yielded no hit singles (mainstream U.S. country radio had long since dropped most artists approaching or over 50 from their playlists by the late 1990s), Trio 2 was certified Gold by the RIAA, signifying U. S. sales of over 500,000 copies and won the trio another Grammy Award in 2000.
Childhood photos of Harris, Parton and Ronstadt were used for the album's cover, when a photo shoot proved impossible (due to the three artists' busy schedules), though they assembled for a short promotional tour in early 1999, and to film a music video for "After the Gold Rush" which was filmed inside a synagogue in New York City that January.