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 Packaging (NASDAQ: TRS), the largest operating group of TriMas, announces its participation in two major trade shows in 2025. The company will showcase its product portfolio at Paris Packaging Week (January 28-29) and LUXE PACK Los Angeles (February 12-13).
At Paris Packaging Week, TriMas will present its new Singolo™ fully recyclable foaming dispenser pump, 100% PET jars for hair care, and advanced color cosmetic packaging. The LUXE PACK exhibition will focus on beauty and personal care products, featuring customizable color cosmetic packaging, lotion pumps, and airless dispensing systems.
The company emphasizes its commitment to sustainable packaging solutions and innovation in the beauty, cosmetic, and personal care markets. TriMas Packaging operates with approximately 2,200 employees across 26 locations worldwide, serving various markets including beauty, food and beverage, pharmaceutical, and industrial sectors.
TriMas Packaging (NASDAQ: TRS) has announced the launch of a new fully recyclable foaming pump under its patented Singolo™ product line. The innovative dispenser features a polymeric spring instead of a metallic one, making it entirely recyclable while maintaining familiar functionality. Approved by the Association of Plastic Recyclers, the dispenser is customizable with various neck sizes, head shapes, and colors, suitable for beauty, personal care, and home care applications.
The Singolo foamer pump operates in the 0.8 cc to 1.5 cc range, complementing the existing PCR-ready dispensers that range from 2 cc to 4 cc. The product will debut at the Paris Packaging Week trade show on January 28-29. TriMas Packaging, with approximately 2,200 employees across 26 locations worldwide, continues to advance its sustainability initiatives through innovative packaging solutions.
Barington Capital Group, owning approximately 1.5% of TriMas (NasdaqGS: TRS), has formally requested the company's Board of Directors to explore strategic alternatives. The request, made through a letter to Board Chairman Herbert K. Parker, comes at a time when the company is contemplating a CEO transition.
Barington believes this timing is optimal for pursuing strategic alternatives and has urged the Board to immediately retain a financial advisor to guide this process.
TriMas (NASDAQ: TRS) announced a leadership transition plan. Thomas Amato will step down as President and CEO, while the Board searches for a successor with the help of Spencer Stuart. Amato will remain in his role until June 30, 2025, or until a new CEO is appointed. He will not seek re-election to the Board at the 2025 Annual Shareholders meeting.
Amato, who became CEO in 2016, has significantly impacted TriMas by turning around its aerospace business and expanding its product offerings. He also navigated the company through challenging global market conditions.
Herbert Parker, Chairman of the Board, praised Amato's contributions and leadership. Amato expressed confidence in TriMas' future growth and commitment to supporting a smooth transition. TriMas manufactures products for consumer, aerospace, and industrial markets, employing around 3,400 people across 13 countries.
TriMas (NASDAQ: TRS) has launched a new 225,000 square foot facility in Haining, China, consolidating two previous manufacturing facilities. The state-of-the-art facility features advanced automation including AGVs, robotic palletizing, and a specialized Warehouse Management System. The facility includes a quality lab, 100,000-level clean room, and QS certification for food safety compliance. It manufactures dispensing and airless lotion pumps, foaming pumps, caps and closures for beauty and personal care markets, including e-commerce products. This facility joins TriMas Packaging's flagship locations in the United States and Mexico.
TriMas (NASDAQ: TRS) has announced the winner of its 2024 TriMas Kaizen Challenge. Allfast Fastening Systems, part of TriMas Aerospace in California, won with a project focused on improving aerospace customers' quoting experiences through streamlined ordering processes and a new interactive customer portal. The annual enterprise-wide competition, running for seven years, has received over 210 projects from 27 locations across 10 countries. The winning team used value stream mapping to reduce quote lead-time and enhance customer service. Additional finalists included facilities from TriMas Packaging in Ohio and Mexico, TriMas Life Sciences in Colorado, and TriMas Aerospace in California.
TriMas (TRS) reported Q3 2024 results with net sales of $229.4 million, down 2.5% from Q3 2023. The company achieved core sales growth in Packaging (12.3%) and Aerospace (4.8%) segments, while Specialty Products experienced a 44.8% decline. Operating profit was $8.3 million, compared to $23.8 million in Q3 2023. Adjusted net income was $17.7 million ($0.43 per diluted share), down from $26.0 million ($0.63 per diluted share) in Q3 2023. The company maintains its full-year 2024 adjusted EPS guidance of $1.70 to $1.90.
TriMas Packaging (NASDAQ: TRS), the largest division of TriMas, announces its first-time participation at Beautyworld Middle East 2024, scheduled for October 28-30 at the Dubai World Trade Centre. The company will showcase its innovative beauty and cosmetic packaging solutions at Booth #3-H19. The event, expected to draw over 70,000 visitors and 2,000 exhibitors, provides TriMas an opportunity to present its portfolio of high-end fragrance pumps and closures through its brands including Rieke®, Aarts Packaging, Affaba & Ferrari™, Taplast™, and Rapak®.
TriMas (NASDAQ: TRS) has announced a quarterly cash dividend of $0.04 per share. The dividend will be paid on November 12, 2024, to shareholders of record as of the close of business on November 5, 2024. TriMas is a diversified manufacturer serving the consumer products, aerospace, and industrial markets through its TriMas Packaging, TriMas Aerospace, and Specialty Products groups. The company employs approximately 3,500 people across 13 countries and operates under the TriMas Business Model. TriMas is headquartered in Bloomfield Hills, Michigan, and is publicly traded on the NASDAQ under the ticker symbol 'TRS'.
TriMas (NASDAQ: TRS) has announced its third quarter 2024 earnings conference call, scheduled for Monday, November 4, 2024. The call will begin at 10 a.m. Eastern Time, following the release of the company's Q3 2024 earnings results at 8 a.m. on the same day. Participants can join the call by dialing (877) 407-0890 (U.S. and Canada) or +1 (201) 389-0918 (outside U.S. and Canada).
The conference call will also be webcast on TriMas' website with an accompanying slide presentation. A replay will be available from November 4 at 3 p.m. to November 18 at 3 p.m. Eastern Time. TriMas designs and manufactures products for consumer products, aerospace, and industrial markets through its TriMas Packaging, TriMas Aerospace, and Specialty Products groups. The company employs approximately 3,400 people across 13 countries.
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