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 announced its agreement to acquire Affaba & Ferrari Srl, a leading designer and manufacturer of precision caps and closures, enhancing its packaging segment. Expected to close by year-end, this acquisition will bolster TriMas' offerings in the food & beverage and industrial sectors, adding proprietary designs and advanced production capabilities. Affaba & Ferrari, founded in 1949, is projected to generate around €32 million in revenue for 2020, bringing valuable certifications and blue-chip customers to TriMas.
TriMas (NASDAQ: TRS) will host its third quarter 2020 earnings conference call on October 29, 2020, at 10 a.m. Eastern Time, following the release of earnings results at 8 a.m. The call can be accessed by dialing (800) 353-6461 with the confirmation code 3061032. A simultaneous webcast will be available on the company's website. A replay of the call will be accessible from October 29 at 3 p.m. until November 5 at 3 p.m.
TriMas operates in consumer products, aerospace, and industrial markets, employing around 3,500 staff across 11 countries.