TriMas
Industrial Machinery & Equipment · Michigan, United States · 1K - 5K Employees
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Overview
Headquarters
38505 Woodward Ave Ste 200, Bloomfield H...Phone Number
(248) 631-5450Website
www.trimas.comRevenue
$664.4 MillionStock Symbol
TRSIndustry
ZI Rank: 1
Signal Type
Mar
Apr
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Aug
ZI Rank
1
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About TriMas
Formed in 1986, TriMas is a diversified global manufacturer and provider of products for customers in the consumer products, aerospace, industrial, petrochemical, and oil and gas markets. The company is headquartered in Bloomfield Hills, Michigan.Explore more
TriMas Org Chart
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Company Profile Activity
Activity Insights
TriMas is experiencing very low activity levels compared to other companies in the Manufacturing sector.
What does this means?
TriMas is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about TriMas.
TriMas financials insights
Gather financial insights about TriMas, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2007
Stock Offering
$121M
TriMas Tech Stack
A closer look at the technologies used by TriMas
Most Recent Scoops
Person-Based
Sustainability
Pain Point
experienced margin pressure of approximately 100 basis points in Q2 due to escalating resin costs beginning in mid to late Q1, as quarterly customer contract adjustment provisions resulted in underrecovery of higher material costs, with cost recovery expected on a cumulative basis between Q3 and Q4 as resin costs have recently stabilized or declined.
Contracts, Finance, Financial Operations, Pricing
Pain Point
TriMas is facing operational challenges in its Specialty Products segment, including difficulties ramping up staffing and throughput to meet customer demand, resulting in significantly higher temporary labor, overtime, and overhead costs, as well as manufacturing inefficiencies, with changes being implemented to rightsize the labor force, overhead spending, and production scheduling.
Pain Point, Hiring Plans, Spending/Investment, Layoffs, Manufacturing Operations
Hiring Plans
TriMas has more open roles in Engineering & Technical than it has had at any time in the past 12 months. Technologies mentioned include: Powerplatform, Looker, Python, Resolve, Power BI, and SQL.
Hiring Plans
Person-Based
Sustainability
TriMas News & Media
TriMas Q1 Earnings Call Highlights
TriMas (NASDAQ:TRS) reported first-quarter 2026 results that management said reflected “steady execution and progress” as the company completed the divestiture of TriMas Aerospace and continued cost-reduction and operational improvement initiatives across its remaining businesses. Aerospace divestiTriMas Corporation Q1 2026 Earnings Call Summary
Moby summary of TriMas Corporation's Q1 2026 earnings callTriMas (TRS) Q1 2026 Earnings Transcript
Sherry Lauderback: Thank you, and welcome to TriMas Corporation's First Quarter 2026 Earnings Call. Joining me today are Thomas Snyder, President and CEO, and Paul Swart, our Chief Financial Officer. Before we begin, I would like to remind everyone that today's comments may include forward-looking statements, which are inherently subject to various risks and uncertainties.TriMas Q4 Earnings Call Highlights
TriMas (NASDAQ:TRS) executives told investors the company is nearing a major portfolio shift and expects 2026 to mark an important first step in a multi-year margin improvement effort, following what management described as a “transitional year” in 2025. On the company’s fourth-quarter and full-yea
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Frequently Asked Questions Regarding TriMas
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Formed in 1986, TriMas is a diversified global manufacturer and provider of products for customers in the consumer products, aerospace, industrial, petrochemical, and oil and gas markets. The company is headquartered in Bloomfield Hills, Michigan.... Read More
