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TriMas Corporation - $TRS STOCK NEWS

Welcome to our dedicated page for TriMas Corporation news (Ticker: $TRS), a resource for investors and traders seeking the latest updates and insights on TriMas Corporation stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect TriMas Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of TriMas Corporation's position in the market.

News
TriMas Life Sciences Expands Its Cleanroom Capabilities
Rhea-AI Summary
TriMas (NASDAQ: TRS) expands cleanroom capacity at Intertech business to meet increased demand for medical technology applications, reinforcing its commitment to serving the Life Sciences sector.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.49%
Tags
none
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News
TriMas Packaging Selected to Partner With Leading Food and Beverage Brands
Rhea-AI Summary
TriMas (NASDAQ: TRS) continues to lead in innovative packaging solutions, securing new business awards and collaborations with top global customers. The company's Affaba & Ferrari™ business is introducing new tethered cap designs, including a 38mm sports drink cap for Coca-Cola and a lightweight cap for Granarolo's milk-based products. These designs aim to reduce environmental waste and increase recyclability while enhancing consumer experience. TriMas President and CEO, Thomas Amato, emphasizes the company's commitment to sustainability and innovation in driving positive change for a more sustainable future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.11%
Tags
none
-
News
TriMas Appoints New General Manager of Its Allfast Fastening Systems Business
Rhea-AI Summary
TriMas (TRS) appoints William Carrigan as Allfast Fastening Systems General Manager, effective December 1, 2023. Carrigan, with a proven record of success in the aerospace fastener sector, brings leadership experience and industry expertise to TriMas Aerospace. Allfast is a leading global manufacturer of solid and blind rivets, blind bolts, temporary fasteners, and installation tools for the aerospace industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.4%
Tags
management
News
TriMas Announces Winner of Its Annual Kaizen Challenge
Rhea-AI Summary
TriMas (NASDAQ: TRS) announces RSA Engineered Products as the winner of the 2023 TriMas Kaizen Challenge. The winning project focused on enhancing a final stage operation within the production of flexible joints used in aerospace ducting and air conveyance applications. TriMas has received over 175 projects from 27 different locations in 10 countries, evaluating their impact on performance and employee engagement. Thomas Amato, TriMas President & CEO, expressed appreciation for the dedicated efforts of the Kaizen project teams worldwide, emphasizing the effectiveness of embracing a culture of continuous improvement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.38%
Tags
none
-
News
TriMas to Present at the Bank of America Securities 2023 Leveraged Finance Conference
Rhea-AI Summary
TriMas (TRS) to Present at Bank of America Securities 2023 Leveraged Finance Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.29%
Tags
conferences
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News
TriMas Reports Third Quarter 2023 Results
Rhea-AI Summary
TriMas reports 7.7% net sales growth in Q3 2023, with increased sales in aerospace and specialty products. Diluted EPS increased by 25% to $0.40 and adjusted diluted EPS by 42.5% to $0.57 compared to Q3 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.49%
Tags
earnings
News
TriMas Announces New President of Its TriMas Aerospace Group
Rhea-AI Summary
TriMas announces the appointment of Vitaliy Rusakov as President of TriMas Aerospace. Rusakov is a proven aerospace industry veteran with more than 25 years of experience. TriMas expects his background to be instrumental in propelling the growth of TriMas Aerospace.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.04%
Tags
none
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News
TriMas Declares Quarterly Dividend
Rhea-AI Summary
TriMas Corporation declares quarterly cash dividend of $0.04 per share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.4%
Tags
dividends
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News
TriMas Announces Third Quarter 2023 Earnings Conference Call Date
Rhea-AI Summary
TriMas to host Q3 2023 earnings conference call on October 26, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.75%
Tags
earnings
News
TriMas Packaging to Attend Luxe Pack Monaco 2023 on October 2-4
Rhea-AI Summary
TriMas Packaging to exhibit at Luxe Pack Monaco 2023, showcasing innovative and sustainable product solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
Tags
conferences
Stock TRS logo
TriMas Corporation

Nasdaq:TRS

TRS Rankings

#2376 Ranked by Market Cap
#1779 Ranked by Stock Gains
#1980 Ranked by Dividends

TRS Stock Data

1.13B
40.42M
1.34%
106.35%
0.61%
Gasket, Packing, and Sealing Device Manufacturing
Manufacturing
Link
United States of America
BLOOMFIELD HILLS

About TRS

we have laid the foundation for sustainable sales and earnings growth through a disciplined approach to investment and capital allocation. through selective organic growth strategies such as product innovation, market penetration and geographic expansion, and bolt-on acquisitions, we provide our customers with highly-engineered solutions in a variety of growing and markets. trimas is listed on nasdaq (ticker: trs) and has more than 50 facilities in 16 countries globally. trimas corporation is a diversified designer, manufacturer and distributor of engineered and applied products that serve a variety of industrial, commercial and consumer end markets worldwide. trimas provides its customers with outstanding products and services that reflect the company's commitment to market leadership, innovation and operational excellence.