TRS Stock Recent News

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS), a leading global provider of engineered products that goes to market through its leading brands within its TriMas Packaging, TriMas Aerospace and Specialty Products groups, today announced that the Company is taking continued actions toward the goal of streamlining and optimizing the business portfolio. The TriMas Board of Directors regularly reviews the Company's strategic priorities and remains open-minded to opportunities to enh.

BLOOMFIELD HILLS, Mich. , Feb. 7, 2025 /PRNewswire/ -- Woodward Park Partners is pleased to announce that IES Infrastructure Solutions LLC, a division of IES Holdings, Inc. (NASDAQ: IESC) has acquired Arrow Engine Company, a subsidiary of TriMas Corporation (NASDAQ: TRS).

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) announced today that it will host its fourth quarter and full year 2024 earnings conference call on Thursday, February 27, 2025. The conference call will begin at 10 a.m. Eastern Time and will follow the Company's release of fourth quarter and full year 2024 earnings results at 8 a.m. that day. To participate on the earnings conference call, please dial: (877) 407-0890 (U.S. and Canada) or +1 (201) 389-0918 (outside the U.S. and Can.

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced the successful completion of the previously announced sale of its Arrow Engine business, thereby exiting its direct presence in the oil and gas market sector. The sale was finalized with IES Infrastructure Solutions LLC, a division of IES Holdings, Inc. (NASDAQ: IESC), and a provider of electrical and mechanical apparatus services, custom steel fabrication and custom-engineered solutions, including generator enclosur.

TriMas Corporation is a potential special situation investment due to its diverse operations and recent financial underperformance, making it a candidate for significant change. Activist investor Barington Capital Group is pushing for a strategic review, including a potential sale, which could unlock shareholder value. Despite mixed financial results, the company's valuation suggests limited downside and significant upside, especially if management decides to restructure or sell parts of the business.

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced that its TriMas Packaging group has retained the Gold level rating for its Environment, Social and Governance (ESG) initiatives. This achievement places TriMas Packaging's U.S.-based sites, assessed under the name Rieke LLC, in the top 5% of more than 130,000 companies assessed by EcoVadis globally, highlighting the company's commitment to sustainable and responsible business practices. EcoVadis is a globally trusted.

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas Packaging, the largest operating group of TriMas (NASDAQ: TRS), is excited to announce its participation in two upcoming trade shows, where the Company will showcase its diverse portfolio of innovative and sustainable dispensing and closure product solutions. TriMas Packaging will be attending the following trade shows: Paris Packaging Week Date: January 28-29th, 2025 Location: Paris Porte de Versailles, Paris, France Booth: #Q62 in the PCD showc.

BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas Packaging, the largest operating group of TriMas (NASDAQ: TRS), today announced that it has added to its breadth of commercially available, fully recyclable, all-plastic dispensers with the launch of a new foaming pump under its patented Singolo™ product line. The new foaming dispenser offers a sustainable alternative to traditional pump designs by incorporating an innovative polymeric spring, replacing a conventional metallic spring, thereby fac.

Activist investor Barington Capital Group wants TriMas to launch a strategic review of options, including the possible sale of the entire company, arguing in a letter that hiring a financial adviser is a higher priority than finding a new CEO.

Believes Now is the Optimal Time Given the Contemplated CEO Transition NEW YORK , Jan. 10, 2025 /PRNewswire/ -- Barington Capital Group, L.P., which together with its affiliates collectively owns approximately 1.5% of TriMas Corporation (NasdaqGS: TRS), announced today that it has sent a letter to Herbert K.