BLOOMFIELD HILLS, Michigan, July 22, 2025 – TriMas (NASDAQ: TRS) today declared a quarterly cash dividend of $0.04 per share of TriMas Corporation stock. The quarterly dividend is payable on August 12, 2025, to shareholders of record as of the close of business on August 5, 2025.
About TriMas
TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,900 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. Our TriMas family of businesses has strong brand names in the markets served, and operates under a common set of values and strategic priorities under the TriMas Business Model. TriMas is publicly traded on the NASDAQ under the ticker symbol “TRS,” and is headquartered in Bloomfield Hills, Michigan. For more information, please visit www.trimas.com.
Notice Regarding Forward-Looking Statements
Any "forward-looking" statements, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, contained herein, including those relating to TriMas’ business, financial condition or future results, involve risks and uncertainties with respect to, including, but not limited to: general economic and currency conditions; competitive factors; market demand; our ability to realize our business strategies; our ability to identify attractive acquisition candidates, successfully integrate acquired operations or realize the intended benefits of such acquisitions; pressures on our supply chain, including availability of raw materials and inflationary pressures on raw material and energy costs, and customers; the performance of our subcontractors and suppliers; risks and uncertainties associated with intangible assets, including goodwill or other intangible asset impairment charges; risks associated with a concentrated customer base; information technology and other cyber-related risks; risks related to our international operations, including, but not limited to, risks relating to tensions between the United States and China; government and regulatory actions, including, without limitation, climate change legislation and other environmental regulations, as well as the impact of tariffs, quotas and surcharges; changes to fiscal and tax policies; intellectual property factors; uncertainties associated with our ability to meet customers’ and suppliers’ sustainability goals and achieve our sustainability goals in alignment with our own announced targets; litigation; contingent liabilities relating to acquisition activities; interest rate volatility; our leverage; liabilities imposed by our debt instruments; labor disputes and shortages; the disruption of operations from catastrophic or extraordinary events, including, but not limited to, natural disasters, geopolitical conflicts and public health crises, the amount and timing of future dividends and/or share repurchases, which remain subject to Board approval and depend on market and other conditions; our future prospects; and other risks that are detailed in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024. The risks described are not the only risks facing our Company. Additional risks and uncertainties not currently known to us or that we currently deemed to be immaterial also may materially adversely affect our business, financial position and results of operations or cash flows. These risks and uncertainties may cause actual results to differ materially from those indicated by the forward-looking statements. All forward-looking statements made herein are based on information currently available, and the Company assumes no obligation to update any forward-looking statements, except as required by law.
Contact
Sherry Lauderback
VP, Investor Relations, Communications & Sustainability
(248) 631-5506
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BLOOMFIELD HILLS, Michigan, July 9, 2025 – TriMas (NASDAQ: TRS) announced today that it will host its second quarter 2025 earnings conference call on Tuesday, July 29, 2025. The conference call will begin at 10 a.m. Eastern Time and will follow the Company’s release of second quarter 2025 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 Canada) and ask to be connected to the TriMas second quarter 2025 earnings conference call. The conference call will also be simultaneously webcast via TriMas’ website at www.trimas.com, under the “Investors” section, with an accompanying slide presentation.
If you are unable to participate during the live teleconference, a replay of the conference call will be available beginning July 29 at 3 p.m. Eastern Time through August 12 at 3 p.m. Eastern Time. To access the replay, please dial: (877) 660-6853 (U.S. and Canada) or +1 (201) 612-7415 (outside the U.S. and Canada) and use meeting ID 13754837 to access or visit the “Investors” section of the Company’s website.
About TriMas
TriMas designs and manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets, through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,900 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. Our TriMas family of businesses has strong brand names in the markets served, and operates under a common set of values and strategic priorities under the TriMas Business Model. TriMas is publicly traded on the NASDAQ under the ticker symbol “TRS,” and is headquartered in Bloomfield Hills, Michigan. For more information, please visit www.trimas.com.
Contact
Sherry Lauderback
Vice President, Investor Relations, Communications & Sustainability
(248) 631-5506
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BLOOMFIELD HILLS, Michigan, June 27, 2025 – TriMas (NASDAQ: TRS) today announced that, as previously disclosed in a Current Report on Form 8-K filed on June 9, 2025 with the Securities and Exchange Commission, the Company has made an inducement grant to Thomas Snyder, the newly-appointed President and Chief Executive Officer of TriMas. As approved by the Company’s Board of Directors and Compensation Committee pursuant to Rule 5635(c)(4) of the Nasdaq Stock Market Listing Rules, the inducement grant was made on June 24, 2025, and consists of: (1) a time-based, premium-priced and non-qualified stock option award to purchase 900,000 shares of the Company’s common stock; and (2) a time-based restricted stock unit award consisting of 152,439 restricted stock units. The stock options and restricted stock units were granted outside of the terms and conditions of the TriMas Corporation 2023 Equity and Incentive Compensation Plan as an inducement to Mr. Snyder’s acceptance of employment with the Company. Each of the inducement grants is generally subject to continued employment and the terms of the respective award agreement for such grant.
The stock option grant consists of five tranches, with the first tranche covering 100,000 shares, and each of the remaining tranches covering 200,000 shares. The five tranches have premium exercise prices of $30, $35, $40, $45 and $50 per share, respectively, and each tranche will generally vest ratably over a five-year period from the date of grant. The stock option grant will generally have a 10-year term from the date of grant, and will be subject to pro-rata vesting (equivalent to another portion of each tranche) for Mr. Snyder’s termination due to death or disability or Mr. Snyder’s involuntary termination without cause or for good reason, as well as double-trigger vesting in the event of a change in control of the Company (or anticipatory termination within 90 days prior to such a change in control).
The restricted stock units will generally vest ratably over a three-year period from the date of grant, subject generally to accelerated vesting for termination due to death or disability or involuntary termination without cause or for good reason, as well as double-trigger vesting in the event of a change in control of the Company.
About TriMas
TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,900 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. Our TriMas family of businesses has strong brand names in the markets served, and operates under a common set of values and strategic priorities under the TriMas Business Model. TriMas is publicly traded on the NASDAQ under the ticker symbol “TRS,” and is headquartered in Bloomfield Hills, Michigan. For more information, please visit www.trimas.com.
Notice Regarding Forward-Looking Statements
Any "forward-looking" statements, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, contained herein, including those relating to TriMas’ business, financial condition or future results, involve risks and uncertainties with respect to, including, but not limited to: general economic and currency conditions; competitive factors; market demand; our ability to realize our business strategies; our ability to identify attractive acquisition candidates, successfully integrate acquired operations or realize the intended benefits of such acquisitions; pressures on our supply chain, including availability of raw materials and inflationary pressures on raw material and energy costs, and customers; the performance of our subcontractors and suppliers; risks and uncertainties associated with intangible assets, including goodwill or other intangible asset impairment charges; risks associated with a concentrated customer base; information technology and other cyber-related risks; risks related to our international operations, including, but not limited to, risks relating to tensions between the United States and China; government and regulatory actions, including, without limitation, climate change legislation and other environmental regulations, as well as the impact of tariffs, quotas and surcharges; changes to fiscal and tax policies; intellectual property factors; uncertainties associated with our ability to meet customers’ and suppliers’ sustainability goals and achieve our sustainability goals in alignment with our own announced targets; litigation; contingent liabilities relating to acquisition activities; interest rate volatility; our leverage; liabilities imposed by our debt instruments; labor disputes and shortages; the disruption of operations from catastrophic or extraordinary events, including, but not limited to, natural disasters, geopolitical conflicts and public health crises, the amount and timing of future dividends and/or share repurchases, which remain subject to Board approval and depend on market and other conditions; our future prospects; and other risks that are detailed in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024. The risks described are not the only risks facing our Company. Additional risks and uncertainties not currently known to us or that we currently deemed to be immaterial also may materially adversely affect our business, financial position and results of operations or cash flows. These risks and uncertainties may cause actual results to differ materially from those indicated by the forward-looking statements. All forward-looking statements made herein are based on information currently available, and the Company assumes no obligation to update any forward-looking statements, except as required by law.
Contact
Sherry Lauderback
VP, Investor Relations, Communications & Sustainability
(248) 631-5506
This email address is being protected from spambots. You need JavaScript enabled to view it.
TriMas Aerospace Booth Located at Hall 4, Stand D-194
BLOOMFIELD HILLS, Michigan, June 10, 2025 – TriMas Aerospace, a division of TriMas (NASDAQ: TRS), will be exhibiting at the 2025 International Paris Air Show, taking place June 16-22 at Le Bourget in Paris, France. As one of the world’s premier aerospace exhibitions, the Paris Air Show brings together industry leaders, innovators and partners from around the globe. TriMas Aerospace returns to the Paris Air Show to unveil new products, reinforce its global position through the recent acquisition of GMT Aerospace and introduce Norris Cylinder’s aerospace offering at the event.
“We’re excited to return to the Paris Air Show to connect with key OEMs, distribution partners and suppliers to discuss collaborative opportunities and demonstrate our expanded capabilities,” said Vitaliy Rusakov, President, TriMas Aerospace. “This event is an important platform to demonstrate our latest technologies, align with customer needs, and explore new ways to strengthen supply chain efficiency and innovation.”
During the Air Show, TriMas Aerospace will highlight a range of new products, including advanced fastening systems, and precision-machined and welded components designed for both commercial and military aerospace applications, developed in close collaboration with customer technical teams. These products reflect TriMas Aerospace’s commitment to delivering high-quality, engineered solutions that meet the industry’s most stringent standards. Attendees can explore these innovations at the TriMas Aerospace booth, showcasing brands such as Monogram Aerospace Fasteners™, Allfast Fastening Systems®, Mac Fasteners™ and RSA Engineered Products™.
The recent acquisition of GMT Aerospace, renamed TriMas Aerospace Germany (TAG), solidifies TriMas Aerospace’s position as a leading global player in the aerospace and defense sectors. TAG’s expertise in highly-engineered tie-rods and rubber-metal anti-vibration systems complements TriMas Aerospace’s portfolio, enhancing its ability to serve customers worldwide. “Integrating TAG expands our manufacturing footprint into Europe and strengthens our relationships with key suppliers and OEMs,” continued Rusakov. “This strategic move positions us to deliver even greater value to our global customers.”
TriMas’ Norris Cylinder business, a leading manufacturer of high- and low-pressure steel cylinders, will join the TriMas Aerospace group at the Paris Air Show to help expand its aerospace and defense portfolio. Norris Cylinder’s expertise in compressed gas solutions complements TriMas Aerospace’s offerings, providing new opportunities to address the evolving needs of the aerospace market. “We are excited to introduce Norris Cylinder’s capabilities to our aerospace customers, further diversifying our portfolio and reinforcing our commitment to innovation,” added Rusakov.
About TriMas Aerospace
TriMas Aerospace specializes in the design and manufacture of highly-engineered fasteners and precision-machined components, serving commercial aircraft manufacturers and the U.S. military. Through its portfolio of trusted brands, Monogram Aerospace Fasteners™, Allfast Fastening Systems®, Mac Fasteners™, TFI Aerospace, TAG, Martinic Engineering™, RSA Engineered Products™, and Weldmac Manufacturing Company, TriMas Aerospace delivers innovative solutions that meet the most stringent industry standards. The Company’s advanced fastener offering includes blind bolts, solid and blind rivets, temporary fasteners, collars and standard fasteners, designed for composite and metallic aircraft structures. TriMas Aerospace also provides cutting-edge air ducting products and precision-machined components, engineered to deliver exceptional quality, reliability and performance across a wide range of aerospace applications. For more information, please visit www.trsaero.com.
About TriMas
TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,900 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. Our TriMas family of businesses has strong brand names in the markets served, and operates under a common set of values and strategic priorities under the TriMas Business Model. TriMas is publicly traded on the NASDAQ under the ticker symbol “TRS,” and is headquartered in Bloomfield Hills, Michigan. For more information, please visit www.trimas.com.
Contact
Sherry Lauderback
VP, Investor Relations, Communications & Sustainability
(248) 631-5506
This email address is being protected from spambots. You need JavaScript enabled to view it.
Experienced Packaging Industry Leader with a Track Record of Enhancing Shareholder Value
BLOOMFIELD HILLS, Michigan, June 9, 2025 – TriMas (NASDAQ: TRS) today announced that Thomas J. Snyder has been appointed President and Chief Executive Officer, and to the TriMas Board of Directors, effective June 23, 2025. Mr. Snyder is succeeding Thomas Amato, the current President and Chief Executive Officer of the Company.
Mr. Snyder brings nearly 35 years of experience in the packaging industry, having served in several leadership positions at Silgan Holdings Inc., a global manufacturer of packaging solutions for consumer goods products. Most recently, he served as President of Silgan Containers LLC, from October 2007, managing close to $3 billion in sales, while driving significant sales, earnings and cash flow growth during his tenure. Prior to that, Mr. Snyder was Executive Vice President of Silgan Containers from July 2006 to October 2007 and Vice President - Sales and Marketing of Silgan Containers from July 2002 to July 2006. Earlier in his career, Mr. Snyder served in the roles of Director of Sales, National Account Manager, Materials Application Engineer and various operations management positions for Silgan Containers. Mr. Snyder obtained an M.B.A. from Pepperdine University and a B.S. in Packaging from Michigan State University.
“After a comprehensive search process, we are pleased to recruit someone of Thomas’ stature and experience to lead TriMas’ Packaging, Aerospace and Specialty Products groups,” commented Herbert K. Parker, TriMas Chairman of the Board. “Thomas is an engaging and highly accomplished packaging executive with a strong track record of driving performance. We believe TriMas will benefit from Thomas’ effective leadership style, operational management expertise and customer-centric approach. We are confident that under his leadership, TriMas will be well-positioned to enhance shareholder value and further elevate the quality of solutions and service we provide to our customers.”
“TriMas has a portfolio of market-leading products, great manufacturing capabilities and solid customer relationships to build upon for the future,” said Mr. Snyder. “I am excited to join the team. Based on my initial evaluation, I am confident we can identify and pursue significant opportunities to enhance future performance of the company, and I look forward to working together with our talented global team to achieve TriMas’ untapped potential.”
“The TriMas Board of Directors would like to thank Thomas Amato for his extended service while we conducted a comprehensive search to find a best-in-class CEO that was the right fit for TriMas,” concluded Mr. Parker.
About TriMas
TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,900 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. Our TriMas family of businesses has strong brand names in the markets served, and operates under a common set of values and strategic priorities under the TriMas Business Model. TriMas is publicly traded on the NASDAQ under the ticker symbol “TRS,” and is headquartered in Bloomfield Hills, Michigan. For more information, please visit www.trimas.com.
Notice Regarding Forward-Looking Statements
Any "forward-looking" statements, within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, contained herein, including those relating to TriMas’ business, financial condition or future results, involve risks and uncertainties with respect to, including, but not limited to: general economic and currency conditions; competitive factors; market demand; our ability to realize our business strategies; our ability to identify attractive acquisition candidates, successfully integrate acquired operations or realize the intended benefits of such acquisitions; pressures on our supply chain, including availability of raw materials and inflationary pressures on raw material and energy costs, and customers; the performance of our subcontractors and suppliers; risks and uncertainties associated with intangible assets, including goodwill or other intangible asset impairment charges; risks associated with a concentrated customer base; information technology and other cyber-related risks; risks related to our international operations, including, but not limited to, risks relating to tensions between the United States and China; government and regulatory actions, including, without limitation, climate change legislation and other environmental regulations, as well as the impact of tariffs, quotas and surcharges; changes to fiscal and tax policies; intellectual property factors; uncertainties associated with our ability to meet customers’ and suppliers’ sustainability goals and achieve our sustainability goals in alignment with our own announced targets; litigation; contingent liabilities relating to acquisition activities; interest rate volatility; our leverage; liabilities imposed by our debt instruments; labor disputes and shortages; the disruption of operations from catastrophic or extraordinary events, including, but not limited to, natural disasters, geopolitical conflicts and public health crises, the amount and timing of future dividends and/or share repurchases, which remain subject to Board approval and depend on market and other conditions; our future prospects; and other risks that are detailed in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024. The risks described are not the only risks facing our Company. Additional risks and uncertainties not currently known to us or that we currently deemed to be immaterial also may materially adversely affect our business, financial position and results of operations or cash flows. These risks and uncertainties may cause actual results to differ materially from those indicated by the forward-looking statements. All forward-looking statements made herein are based on information currently available, and the Company assumes no obligation to update any forward-looking statements, except as required by law.
Contact
Sherry Lauderback
VP, Investor Relations, Communications & Sustainability
(248) 631-5506
This email address is being protected from spambots. You need JavaScript enabled to view it.
