TriMas Corporation (MQ1)

Overview

TriMas Corporation is a global company focused on designing, developing, manufacturing, and distributing a wide range of products aimed at the consumer products, aerospace, and industrial markets. With operations that span across various continents, the organization is structured into three primary segments: Packaging, Aerospace, and Specialty Products. By serving a diverse clientele that includes original equipment manufacturers (OEMs), supply chain distributors, maintenance, repair, and operations (MRO)/aftermarket providers, and tier one suppliers, TriMas has established a prominent presence in its targeted markets. Founded in 1986 and headquartered in Bloomfield Hills, Michigan, the company leverages direct sales forces, third-party agents, and distributors to reach its customers worldwide.

Products and Services

TriMas Corporation’s extensive portfolio encompasses a broad spectrum of products and services provided through its three main segments:

• Packaging: This segment specializes in a comprehensive assortment of dispensing products, including foaming and sanitizer pumps, lotion and hand soap pumps, beverage dispensers, perfume sprayers, and more. Additionally, it offers a wide range of caps and closures, such as food lids, flip-top and beverage closures, and child resistance caps. Other products include polymeric jar products, bag-in-box products, aseptic closures, and various custom injection molded components. Brands like Rieke, Taplast, and Rapak are part of this segment, showcasing its diversity in packaging solutions.
• Aerospace: TriMas’ Aerospace segment caters to the aerospace industry through the provision of fasteners, collars, blind bolts, rivets, ducting and connectors for air management systems, and machined parts and components. These products serve a crucial role for original equipment manufacturers, MRO/aftermarket providers, and military and defense aerospace applications. Brands such as Monogram Aerospace Fasteners and Allfast Fastening Systems highlight the segment's focus on high-quality aerospace components.
• Specialty Products: This segment delivers a variety of specialized products. Steel cylinders for transporting and dispensing compressed gases are offered under the Norris Cylinder brand, showcasing the company's commitment to safety and quality. Additionally, the Arrow brand represents natural gas-powered wellhead engines, compressors, and replacement parts for the oil and natural gas production sectors, as well as for other industrial and commercial markets. This segment emphasizes TriMas' capability to provide essential components and machinery for critical industry operations.