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 a quarterly cash dividend of
TriMas (NASDAQ: TRS) has acquired Aarts Packaging B.V., a prominent provider of luxury packaging solutions, enhancing its TriMas Packaging platform. This acquisition, effective immediately, focuses on beauty, food, and life sciences sectors, adding significant cosmetic dispenser closures to its offerings. Aarts Packaging, based in the Netherlands, generated €23 million in revenue in 2022. The acquisition aims to leverage TriMas's global manufacturing capabilities and resources, promising expanded design and production capabilities to Aarts's clients.
TriMas (NASDAQ: TRS) will host its fourth quarter and full year 2022 earnings conference call on February 23, 2023, at 10 a.m. Eastern Time, following the release of earnings results at 8 a.m.. Stakeholders can participate by dialing (877) 407-0890 (U.S. and Canada) or +1 (201) 389-0918 (international). The call will be webcast live on the company's website. A replay will be available from 3 p.m. on February 23 until 3 p.m. on March 9. TriMas specializes in designing and manufacturing products for various markets, employing approximately 3,500 employees across 13 countries.
TriMas (NASDAQ: TRS) announced that its TriMas Packaging facility in Hamilton, Indiana, has achieved FSSC 22000 certification, a key standard in food safety for the food and beverage sector. This certification reflects TriMas Packaging’s commitment to growth and quality, enhancing its manufacturing processes. The certification, awarded by SGS, complements its existing ISO 9001:2015 certification, reinforcing industry best practices. TriMas Packaging serves global markets with a range of packaging solutions across various sectors, including food, beauty, and pharmaceuticals.
TriMas (NASDAQ: TRS) announced the winners of its 2022 Kaizen Challenge, recognizing impactful projects from its Aerospace and Packaging divisions. The challenge, launched five years ago, has seen over 147 projects submitted globally. This year's winning projects include an Optimizing Subcontracting Supply project aimed at streamlining subcontracting processes, and a Productivity Improvement project focused on meeting customer demand through enhanced manufacturing practices. TriMas emphasizes employee engagement in driving sustainable improvements.
TriMas (NASDAQ: TRS) will present at the Bank of America Securities 2022 Leveraged Finance Conference on November 29, 2022, at 10:10 a.m. ET in Boca Raton, Florida. Their presentation will be available via live webcast on the company’s Investor Relations page. TriMas specializes in manufacturing products for consumer, aerospace, and industrial markets, employing roughly 3,500 personnel across 13 countries. The company is known for its strong brand presence within its sectors.
TriMas (NASDAQ: TRS) reported its third quarter 2022 financial results, revealing a 1.7% decline in net sales to $218.5 million, compared to $222.4 million in Q3 2021. Operating profit decreased to $21.0 million from $30.8 million, with adjusted diluted earnings per share of $0.40, down from $0.57.
Despite these challenges, including inflation and supply chain issues, TriMas remains optimistic, expecting adjusted EPS between $2.10 and $2.18 for the year. The company repurchased over 1 million shares in 2022 and ended Q3 with a solid $378.3 million in cash availability.
TriMas has announced a quarterly cash dividend of $0.04 per share, payable on November 10, 2022, to shareholders on record as of November 3, 2022. This dividend indicates the company's commitment to returning value to shareholders amidst its operations across consumer products, aerospace, and industrial markets. TriMas operates globally with approximately 3,500 employees, emphasizing innovation and quality in its diverse product offerings.
TriMas (NASDAQ: TRS) will host its third quarter 2022 earnings conference call on October 27, 2022, at 10 a.m. Eastern Time, following the earnings release at 8 a.m. that same day. Investors can join via phone by dialing (888) 254-3590 with confirmation code 3906527 or through a webcast on the company's website. A replay will be available from October 27, 3 p.m. ET to November 3, 3 p.m. ET.
TriMas manufactures products for aerospace and consumer markets, employing approximately 3,500 people across 13 countries.
TriMas (NASDAQ: TRS) announced that its Aerospace division, Allfast Fastening Systems, received the Supply Chain Performance Achievement Certificate from Boeing for the tenth consecutive year. The award recognizes suppliers for superior performance, and Allfast maintained a Silver performance rating throughout 2021. John Schaefer, President of TriMas Aerospace, highlighted the team's commitment to quality, on-time delivery, and customer satisfaction. The company continues to serve the global aerospace industry with various engineered products.