New CEO at Macomb aerospace firm
MACOMB TWP.—Officials at Ascent Aerospace, manufacturer of tooling and automated assembly systems for the aerospace and defense industry, announced the promotion of vice president and general manager Andy Jones to …
TriMas names new general counsel
BLOOMFIELD HILLS—TriMas Corp. (NASDAQ: TRS) announced the appointment of Jodi Robin as the company’s general counsel, effective May 6. She will report to Thomas Amato, TriMas president and CEO. Robin …
Atlas Space Operations adds five satellite ground stations
TRAVERSE CITY—Atlas Space Operations announced the addition of five new ground stations to its growing global satellite ground control network. The new antennas in New Zealand, Australia, Scotland, Alaska, and …
LIFT, DoD open ‘Hypersonics Challenge’
DETROIT–LIFT, the Detroit-based, Department of Defense-supported national manufacturing innovation institute, in partnership with the Department of Defense, is now accepting proposals for a hypersonics development challenge. Operating at speeds of …
TriMas sales hit record, takes asset charge, makes acquisition
BLOOMFIELD HILLS—The effect of the coronavirus pandemic whacked earnings at the Bloomfield Hills-based diversified manufacturer TriMas Corp. (NASDAQ: TRS). Company officials announced a loss of $100.9 million or $2.32 a …
TriMas slides to loss despite higher sales
BLOOMFIELD HILLS—TriMas Corp. (Nasdaq: TRS) posted a loss of $15.7 million or 36 cents a share in the second quarter ended June 30, compared to net income of $18.7 million …
TriMas Aerospace expands European operations
BLOOMFIELD HILLS—The diversified manufacturer TriMas Corp. (Nasdaq: TRS) announced that TriMas Aerospace has formed a strategic partnership with the Swiss transport and logistics firm Kuehne+Nagel to establish a European logistics …
Three Michigan firms get NASA grants to develop space technology
WASHINGTON, D.C.—Three Michigan companies are among 124 recipients of $104 million in NASA research funding under the federal Small Business Innovation Research program, under which federal agencies are required to …
State aid OK’d for downtown redevelopment, entrepreneurism
LANSING–Support for programs that will further grow Michigan’s entrepreneurial ecosystem and projects that will transform community spaces across Michigan gained approval from the Michigan Strategic Fund, the Michigan Economic Development …
TriMas wins fastener deals from Airbus
BLOOMFIELD HILLS—TriMas Corp. (NASDAQ: TRS), the Bloomfield Hills diversified manufacturer, announced that its TriMas Aerospace unit has won multi-year contracts with Airbus of Toulouse, France. TriMas Aerospace’s Monogram Aerospace Fasteners …