TriMas Corp

Type: Company
Name: TriMas Corp (TriMas Corporation)
First reported 19 hours ago - Updated 12 hours ago - 1 reports

TriMas reports lower net income for Q2, provides annual guidance

TriMas Corporation, a designer, manufacturer and distributor of engineered and applied products, has reported that net income attributable to the company for the second quarter ended June 30, 2014 was $26.2 million, or $0.58 per diluted share, compared ... [Published Individual.com - 19 hours ago]
First reported Aug 19 2014 - Updated Aug 19 2014 - 1 reports

Rieke Expands Packaging Footprint in Asia

Rieke Dispensing has further expanded its manufacturing capabilities in Asia following the announcement by its parent company TriMas Corporation of the acquisition of Lion Holdings Pvt. Ltd.Headquartered in Greater Noida, India, Lion Holdings specialises ... [Published Packaging Europe - Aug 19 2014]
First reported Aug 18 2014 - Updated Aug 18 2014 - 6 reports

TriMas Corporation Announces Lynn Brooks to Retire as President of Packaging Businesses; David Pritchett to Be President

BLOOMFIELD HILLS, Mich.--(EON: Enhanced Online News)--TriMas Corporation (NASDAQ: TRS) – a diversified global manufacturer of engineered and applied products – announced today the transition of leadership within its Packaging business segment. Lynn Brooks, ... [Published EON Manufacturing - Aug 18 2014]
First reported Aug 15 2014 - Updated Aug 15 2014 - 1 reports

Business Briefs: Bitglass Closes $25 Million ‘A’ Funding Round

Bitglass Closes $25 Million ‘A’ Funding RoundAfter exiting stealth mode, Campbell, Calif.-based Bitglass , a data protection provider, has raised $25 million in series “B” funding from new investors, including an undisclosed large global bank and SingTel ... [Published India-West - Aug 15 2014]
First reported Aug 14 2014 - Updated Aug 14 2014 - 1 reports

Rhone Capital Buys Odyssey-Backed Ranpak

The deal furthers consolidation among packaging companies August 14, 2014Rhone Capital LLC is buying Ranpak Holdings Inc. from Odyssey Investment Partners LLC.Ranpak, headquartered in Concord Township, Ohio, provides paper-based systems for the packaging ... [Published Mergers & Acquisitions - Aug 14 2014]
First reported Aug 11 2014 - Updated Aug 11 2014 - 7 reports

TriMas Corporation to Present at the Jefferies 2014 Global Industrials Conference

BLOOMFIELD HILLS, Mich.--(EON: Enhanced Online News)--TriMas Corporation (NASDAQ: TRS) – a diversified global manufacturer of engineered and applied products – today announced that TriMas management is scheduled to present at the Jefferies 2014 Global ... [Published EON Manufacturing - Aug 11 2014]
First reported Aug 06 2014 - Updated Aug 07 2014 - 2 reports

TRIMAS : Acquires Lion Holdings

TriMas Corp. reported that it has acquired Lion Holdings for $27 million , paid in cash at closing.In its release on July 28 , the Company said that the transaction closed July 25 , at which time Lion Holdings became part of the Company's Packaging s ... [Published 4 Traders - Aug 07 2014]
First reported Jul 31 2014 - Updated Jul 31 2014 - 4 reports

TriMas' (TRS) CEO David Wathen on Q2 2014 Results - Earnings Call Transcript

OperatorGood day, everyone, and welcome to the Second Quarter 2014 TriMas Earnings Conference. As a reminder, today's presentation is being recorded.At this time, I would like to turn the conference over to Ms. Sherry Lauderback. Please go ahead, ma' ... [Published Seeking Alpha - Jul 31 2014]
First reported Jul 31 2014 - Updated Jul 31 2014 - 5 reports

TriMas Corporation Reports Second Quarter Results

BLOOMFIELD HILLS, Mich.--(EON: Enhanced Online News)--TriMas Corporation (NASDAQ: TRS) today announced financial results for the quarter ended June 30, 2014. The Company reported record second quarter net sales from continuing operations of $404.0 million, ... [Published EON Manufacturing - Jul 31 2014]
First reported Jul 31 2014 - Updated Jul 31 2014 - 1 reports

Trimas beats by $0.01, beats on revenue

08:21 ET | About: Trimas Corporation (TRS)Trimas (NASDAQ:TRS): Q2 EPS of $0.65 beats by $0.01.Revenue of $404M (+6.9% Y/Y) beats by $4.5M. ... [Published Seeking Alpha - Jul 31 2014]
Entities: TriMas Corp, NASDAQ
First reported Jul 28 2014 - Updated Jul 29 2014 - 2 reports

TriMas acquires Lion for $27m

US-based engineered and applied products manufacturer TriMas has acquired India-based Lion Holdings for $27m in cash, expanding its packaging footprint.TriMas will include the newly acquired business in its packaging segment.TriMas president and CEO Dave ... [Published Packaging Business Review - Jul 29 2014]
First reported Jul 28 2014 - Updated Jul 29 2014 - 10 reports

TriMas Corp adds Lion Holdings to portfolio

(M&A Navigator via COMTEX News Network) -- 29 July 2014 - US engineered and applied products designer, maker and distributor TriMas Corporation (NASDAQ:TRS) said it had bought Indian dispensing solutions specialist Lion Holdings Pvt for USD27m (EUR20.1m) ... [Published PredictWallStreet - Jul 29 2014]

Quotes

...72 million, compared to $715.81 million for the same period ended June 30, 2013. David Wathen, president and CEO of TriMas, said: "During the second quarter, we achieved 6.9% sales growth, led by our packaging and aerospace businesses, offsetting the challenges we continued to face in our energy end markets and sales reduction resulting from our third quarter 2013 divestiture of the Italian rings and levers business. We improved our operating profit by 9.7% with a 30 basis point improvement in margin, and achieved an earnings per share of $0.65 (excluding Special Items). This is in spite of a higher share count and tax rate as compared to a year ago, and end market headwinds in energy and the aerospace distribution channel."
...We are fortunate he is staying with the corporation in an advisory role," said Wathen. "We are pleased David has accepted the appointment as president. His proven career experience and leadership with Rieke will enable him to lead one of our top growth platforms into the future."
...our geographic reach, while also providing significant customer and product synergies," said Lynn Brooks , president of TriMas Packaging segment. " Lion Holdings will also provide us additional capacity to support our ongoing growth initiatives in Asia , while continuing to create a responsive, global supply chain."
"We continue to identify the bright spots and support our customers with new, innovative products and expanded geographic reach. We remain committed to increasing margins across all of our businesses, growing faster in our higher margin businesses, exiting and reducing some lower margin business, and implementing productivity and lean programs throughout the organization. These positive actions help offset the headwinds we are facing, and we remain mindful of the risks and challenges in the back half of 2014" Wathen continued

More Content

All (129) | News (37) | Reports (0) | Blogs (90) | Audio/Video (0) | Fact Sheets (2) | Press Releases (0)
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TriMas reports lower net income for Q2, provide... [Published Individual.com - 19 hours ago]
Rieke Expands Packaging Footprint in Asia [Published Packaging Europe - Aug 19 2014]
TriMas Corporation Announces Lynn Brooks to Ret... [Published EON Manufacturing - Aug 18 2014]
TriMas Corporation Announces Lynn Brooks to Ret... [Published EON Energy - Aug 18 2014]
TriMas Corporation Announces Lynn Brooks to Ret... [Published Scottrade - Aug 18 2014]
TriMas Corporation Announces Lynn Brooks to Ret... [Published Business Wire Defense News - Aug 18 2014]
TriMas Corporation Announces Lynn Brooks to Ret... [Published Business Wire Manufacturing News - Aug 18 2014]
TriMas Corporation Announces Lynn Brooks to Ret... [Published Business Wire Energy News - Aug 18 2014]
Rieke expands packaging footprint in Asia [Published PackagingNews.co.uk - Aug 18 2014]
Business Briefs: Bitglass Closes $25 Million ‘A... [Published India-West - Aug 15 2014]
Rhone Capital Buys Odyssey-Backed Ranpak [Published Mergers & Acquisitions - Aug 14 2014]
Sweet Dreamzzz Looking for Sponsors [Published Prlog - Aug 12 2014]
Upcoming Corporate Events/Presentations for the... [Published Fat Pitch Financials - Aug 11 2014]
TriMas Corporation to Present at the Jefferies ... [Published EON Manufacturing - Aug 11 2014]
TriMas Corporation to Present at the Jefferies ... [Published EON Energy - Aug 11 2014]
TriMas Corporation to Present at the Jefferies ... [Published BusinessWeek - Aug 11 2014]
TriMas Corporation to Present at the Jefferies ... [Published Wall Street Business Network - Aug 11 2014]
TriMas Corporation to Present at the Jefferies ... [Published Business Wire Defense News - Aug 11 2014]
TriMas Corporation to Present at the Jefferies ... [Published Business Wire Manufacturing News - Aug 11 2014]
TriMas Corporation to Present at the Jefferies ... [Published Business Wire Energy News - Aug 11 2014]
Global Food and Beverage Metal Can Market 2014-... [Published Town Hall - Aug 07 2014]
TRIMAS : Acquires Lion Holdings [Published 4 Traders - Aug 07 2014]
Trimas Corporation Expands Packaging Footprint ... [Published Packaging Europe - Aug 06 2014]
Biggest Movers in Services Stocks Now – SBH SKM... [Published InvestorPlace.com - Aug 01 2014]
TriMas' (TRS) CEO David Wathen on Q2 2014 Resul... [Published Seeking Alpha - Jul 31 2014]
TriMas Reports Record Second-Quarter Sales [Published RVBusiness - Jul 31 2014]
TriMas Corp. (TRS) Updates FY14 Earnings Guidance [Published American Banking News - Forex - Jul 31 2014]
Trimas beats by $0.01, beats on revenue [Published Seeking Alpha - Jul 31 2014]
TriMas Corporation Reports Second Quarter Results [Published BioSpace - Jul 31 2014]
TriMas Corporation Reports Second Quarter Results [Published Wall Street Select - Jul 31 2014]
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TriMas Corporation Announces Lynn Brooks to Ret... [Published EON Manufacturing - Aug 18 2014]
BLOOMFIELD HILLS, Mich.--(EON: Enhanced Online News)--TriMas Corporation (NASDAQ: TRS) – a diversified global manufacturer of engineered and applied products – announced today the transition of leadership within its Packaging business segment. Lynn Brooks, ...
TriMas Corporation Announces Lynn Brooks to Ret... [Published EON Energy - Aug 18 2014]
BLOOMFIELD HILLS, Mich.--(EON: Enhanced Online News)--TriMas Corporation (NASDAQ: TRS) – a diversified global manufacturer of engineered and applied products – announced today the transition of leadership within its Packaging business segment. Lynn Brooks, ...
TriMas Corporation Announces Lynn Brooks to Ret... [Published Business Wire Defense News - Aug 18 2014]
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas Corporation (NASDAQ: TRS) – a diversified global manufacturer of engineered and applied products – announced today the transition of leadership within its Packaging business segment. Lynn Brooks, president ...
TriMas Corporation Announces Lynn Brooks to Ret... [Published Business Wire Manufacturing News - Aug 18 2014]
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas Corporation (NASDAQ: TRS) – a diversified global manufacturer of engineered and applied products – announced today the transition of leadership within its Packaging business segment. Lynn Brooks, president ...
TriMas Corporation Announces Lynn Brooks to Ret... [Published Business Wire Energy News - Aug 18 2014]
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas Corporation (NASDAQ: TRS) – a diversified global manufacturer of engineered and applied products – announced today the transition of leadership within its Packaging business segment. Lynn Brooks, president ...
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