Welcome to our dedicated page for Trimas news (Ticker: TRS), a resource for investors and traders seeking the latest updates and insights on Trimas stock.
TriMas Corporation (NASDAQ: TRS) is a manufacturing company that designs and manufactures products for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. This news page aggregates company announcements, earnings updates and other disclosures that help investors and observers follow developments affecting TRS stock.
TriMas regularly issues earnings releases that detail segment performance, non‑GAAP financial measures, cash flow and capital allocation activity. These releases often highlight trends in its Packaging, Aerospace and Specialty Products groups, including sales growth, operating profit and margin changes, and updates on acquisitions or divestitures. The company also announces the timing of its quarterly earnings conference calls, providing dial‑in and webcast information for participants.
Investors can also find corporate actions and capital return news here. TriMas has announced quarterly cash dividends on TriMas Corporation stock and changes to its share repurchase authorization, including an increase in the total authorization approved by its Board of Directors. These updates explain how the company is approaching capital allocation between growth investments and shareholder returns, subject to market conditions and Board approval.
Another key category of news involves strategic portfolio decisions. In November 2025, TriMas announced that it had entered into a definitive agreement to sell its aerospace segment to an affiliate of Tinicum L.P., with funds managed by Blackstone as a minority investor. The company has indicated that, upon completion of this divestiture, it expects to be centered around a more focused packaging platform and has formed a Strategic Investment Committee to evaluate acquisitions and other options.
Leadership and governance updates, such as the appointment of a new President and Chief Executive Officer or Chief Financial Officer, are also communicated through company news. For those tracking TRS, this page provides a centralized view of TriMas’ public announcements, from operational performance to portfolio strategy and capital allocation decisions.
TriMas (NASDAQ: TRS) has acquired Intertech Plastics, enhancing its Packaging Group with medical end market applications. Intertech specializes in precision injection molding components and will operate under TriMas Packaging. With two facilities in Denver, Colorado, Intertech had $32 million in revenue in 2021 and holds ISO 13485 certification. This acquisition marks TriMas’ sixth packaging acquisition since 2019, aiming to integrate advanced manufacturing capabilities and expand into the Life Sciences market, addressing the growing demand for medical applications.
TriMas (NASDAQ: TRS) has declared a quarterly cash dividend of $0.04 per share, payable on March 11, 2022, to shareholders on record as of March 4, 2022. This dividend initiation is part of the company's capital allocation strategy started in October 2021. TriMas manufactures products across consumer, aerospace, and industrial markets employing approximately 3,500 people globally.
TriMas will host its fourth quarter and full year 2021 earnings conference call on March 1, 2022, at 10 a.m. Eastern Time, following the release of earnings results at 8 a.m.. Participation can be via dial-in at (888) 204-4368 (Code 9503603) or by accessing a live webcast on the TriMas website. A replay will be available from 3 p.m. EST on March 1 to 3 p.m. EST on March 8. TriMas operates in the packaging, aerospace, and specialty products markets, employing approximately 3,500 people across 12 countries.
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TriMas has successfully acquired Omega Plastics, enhancing its Packaging group by integrating Omega's custom components for medical and industrial applications. Omega's advanced injection molding and ISO Class 8 cleanroom capabilities will expedite product development and production. TriMas anticipates Omega to generate approximately $18 million in revenue in fiscal 2021, contributing to the Packaging group's total sales of around $534 million. This acquisition aims to bolster TriMas' offerings in medical device contract development manufacturing, propelling future growth opportunities.
TriMas (NASDAQ: TRS) announced its agreements to acquire Omega Plastics and TFI Aerospace, expanding its TriMas Packaging and TriMas Aerospace platforms. Omega, based in Clinton Township, Michigan, specializes in drug delivery and medical components, expected to generate $18 million in revenue for 2021. TFI, located near Toronto, Canada, produces specialty fasteners and anticipates $6 million in revenue. These acquisitions enhance TriMas's product offerings and innovation capabilities, while maintaining a net leverage ratio below 2.0x for further growth opportunities.
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TriMas (TRS) reported strong financial results for Q3 2021, with net sales of $222.4 million, a 11.5% increase year-over-year. Operating profit surged to $30.8 million, compared to an operating loss in Q3 2020, largely due to prior impairment charges. Adjusted diluted EPS rose 9.6% to $0.57. The company initiated a dividend program, declaring $0.04 per share, enhancing its capital allocation strategy. TriMas also raised its 2021 Free Cash Flow outlook, predicting sales growth of 10% to 13% and adjusted EPS between $2.18 to $2.27, indicating a solid financial trajectory amidst ongoing macro uncertainties.
TriMas (NASDAQ: TRS) has announced a cash dividend of