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Trimas Corp - TRS STOCK NEWS

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 Corp (TRS) News Hub provides investors and industry professionals with comprehensive updates on this diversified manufacturer of engineered solutions. Track official announcements across packaging, aerospace, and specialty product segments, including earnings reports, strategic acquisitions, and operational developments.

This resource consolidates TriMas' latest financial disclosures, product innovations, and market expansion efforts. Users will find press releases detailing advancements in closure systems, aerospace fasteners, and industrial sealing technologies – all critical to understanding the company's multi-segment growth strategy.

Key updates include quarterly financial performance, leadership changes, sustainability initiatives, and patent filings. The curated news flow helps stakeholders monitor TriMas' execution of its capital allocation framework and responses to evolving industrial demands.

Bookmark this page for streamlined access to TRS corporate communications. Combine these updates with SEC filings and industry analysis for informed decision-making regarding this global engineered products provider.

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.
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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.
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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.
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TriMas (TRS) to Present at Bank of America Securities 2023 Leveraged Finance Conference
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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.
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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.
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TriMas Corporation declares quarterly cash dividend of $0.04 per share
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TriMas to host Q3 2023 earnings conference call on October 26, 2023.
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TriMas Packaging to exhibit at Luxe Pack Monaco 2023, showcasing innovative and sustainable product solutions.
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TriMas completes relocation of production assets, expects $5 million in annual savings
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Trimas Corp

Nasdaq:TRS

TRS Rankings

TRS Stock Data

826.14M
32.86M
19.04%
104.38%
6.24%
Packaging & Containers
Metal Forgings & Stampings
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United States
BLOOMFIELD HILLS