Trade TriMas Corp - TRS CFD

TriMas Company profile

About TriMas Corp

TriMas Corporation is a manufacturer and provider of products for customers primarily in the consumer products, aerospace and industrial markets. The Company operates through three segments: Packaging, Aerospace, and Specialty Products. The Packaging segment develops and manufactures an array of dispensing products, polymeric and steel caps and closures, polymeric jar products, and integrated dispensers for fill-ready bag-in-box applications. The Aerospace segment develops, qualifies and manufactures engineered, precision fasteners, tubular products and assemblies for fluid conveyance, and machined products, and assemblies to serve the aerospace and defense market. The Specialty Products segment designs, manufactures and distributes engineered steel cylinders, wellhead engines and compression systems for use within industrial markets. Its brands include Rieke, Affaba & Ferrari, Taplast, Monogram Aerospace Fasteners, Allfast Fastening Systems, Norris Cylinder, and Arrow Engine Company.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, TriMas Corp revenues increased 11% to $857.1M. Net income totaled $57.3M vs. loss of $79.8M. Revenues reflect Packaging segment increase of 9% to $533.3M, Specialty Products segment increase of 23% to $140.5M, Aerospace segment increase of 9% to $183.3M, United States segment increase of 7% to $639.9M, Europe segment increase of 38% to $160.7M, Other Americas segment increase of 30% to $15.3M.

Equity composition

Common Stock $.01 Par, 12/11, 400M auth., 34,613,607 issd. Insiders own 5.89%. 6/6/02, Company formed through reorganiza of Metaldyne Corporation. 3/02 Q's are restated Weighted average shares are estimated. 08/09, Company delisted from NYSE to NASDAQ.