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Tag Archives: TriMas

TriMas reports second quarter results

(Aug. 9, 2018) -- TriMas reported second quarter net sales of $224.9 million, an increase of 5.4% compared to $213.4 million in second quarter 2017. The company reported operating profit of $31.5 million in second quarter 2018 compared to $26.4 million in second quarter 2017. Read More »

TriMas reports fourth quarter, full year results

(Feb. 27, 2018) -- For the full year 2017, TriMas reported net sales of $817.7 million, an increase of 3.0% compared to $794.0 million in 2016. The company reported operating profit of $88.5 million in 2017 compared to an operating loss of $44.0 million in 2016, which resulted primarily due to non-cash impairment charges. Read More »

TriMas announces launch of debt offering

(Sept. 12, 2017) -- TriMas announced that it has initiated an offering of $300 million in aggregate principal of senior unsecured notes due 2025 in an offering exempt from the registration requirements of the Securities Act of 1933, as amended. Read More »

TriMas’ Lamons business exits manufacturing plants

(April 3, 2017) -- TriMas announced that it exited a manufacturing plant located in Wolverhampton, United Kingdom, and has taken actions to cease production at a plant located in Reynosa, Mexico. Both operations are part of TriMas’ Lamons business, which is included within its Energy segment. Read More »

TriMas reports a fourth quarter loss

(March 1, 2017) -- TriMas Corporation reported a loss of $67.4 million in its fourth quarter. The Bloomfield Hills, Mich.-based company said it had a loss of $1.48 per share. Earnings, adjusted for asset impairment costs and severance costs, came to 30 cents per share. Read More »

TriMas announces earnings conference call date

(Feb. 10, 2017) -- TriMas announced that it will host its fourth quarter and full year 2016 earnings conference call on Feb. 28. The conference call will begin at 10 a.m. Eastern Time and will follow the company's release of fourth quarter and full year 2016 earnings results at 8 a.m. that day. Read More »

TriMas president, CEO buys 2,000 shares of stock

(Nov. 9, 2016) -- TriMas President and Chief Executive Officer, Thomas A. Amato, acquired 2,000 shares of TriMas stock in a transaction that occurred on Nov. 4. The stock was acquired at an average cost of $17.70 per share, with a total value of $35,400.00. Read More »