TriMas Corporation Stock News

NEW YORK--(BUSINESS WIRE)--Tinicum, L.P. (“Tinicum”) today announced that one of its affiliates has signed an agreement to acquire the aerospace assets of TriMas Corporation (“TriMas Aerospace”), through which TriMas Aerospace will be merged with PennAero, a Tinicum portfolio company (“the Transaction”). Funds managed by Blackstone will be a minority investor in the Transaction. This investment...

TriMas agreed to sell its aerospace business for $1.45 billion to an affiliate of private investment firm Tinicum. Funds managed by Blackstone will be a minority investor in the transaction.

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) announced today that it has entered into a definitive agreement to sell its Aerospace segment for an all-cash purchase price of approximately $1.45 billion to an affiliate of Tinicum L.P. (the “Transaction”). Funds managed by Blackstone will be a minority investor in the Transaction. The purchase price represents an enterprise value...

TriMas Corporation (NASDAQ:TRS ) Q3 2025 Earnings Call October 28, 2025 10:00 AM EDT Company Participants Sherry Lauderback - Vice President of Investor Relations, Communications & Sustainability Thomas Snyder - President, CEO & Director Teresa Finley - CFO, Treasurer & Director Conference Call Participants Katie Fleischer - KeyBanc Capital Markets Inc., Research Division Hamed Khorsand - BWS F...

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced financial results for the third quarter ended September 30, 2025. The Company reported third quarter 2025 net income of $9.3 million, or $0.23 per diluted share, compared to $2.5 million, or $0.06 per diluted share, in third quarter 2024. Adjusting for Special Items(1), third quarter 2025 adjusted net income(2) was $...

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on November 13, 2025, to shareholders of record as of the close of business on November 6, 2025. About TriMas TriMas designs and manufactures a diverse set of products primarily for the consumer products, aerosp...

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) announced today that it will host its third quarter 2025 earnings conference call on Tuesday, October 28, 2025. The conference call will begin at 10 a.m. Eastern Time and will follow the Company's release of third quarter 2025 earnings results at 8 a.m. that day. To participate on the earnings conference call, please dial: (877) 407...

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) announced today that its TriMas Packaging group is participating in two premier international trade shows in September. At these events, the Company will showcase its broad portfolio of innovative and sustainable dispensing, closure and flexible packaging solutions for the global markets. Drinktec Date: September 15–19, 2025 Locatio...