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 …
TriMas profits flat on higher sales
BLOOMFIELD HILLS—TriMas Corp. (NASDAQ: TRS) reported net income of $13.1 million or 30 cents a share in the first quarter, unchanged from a year earlier. Revenue was $206.7 million, up …
TriMas reports lower profit on higher sales
BLOOMFIELD HILLS—The diversified manufacturer TriMas Corp. (NASDAQ: TRS) reported net income of $23.7 million in the fourth quarter ended Dec. 31, down from $38.4 million in the same quarter of …
Bloomfield Hills investment firm names new associate
BLOOMFIELD HILLS—O2 Investment Partners LLC announced the appointment of Sam Wegenke as the firm’s newest associate. O2 Partner Luke Plumpton said Wegenke’s “relevant transaction experience and skill set will be …
TriMas closes acquisition
BLOOMFIELD HILLS—Officials at TriMas Corp. (NASDAQ: TRS) announced the completion of its previously announced acquisition of Affaba & Ferrari, an Italian designer and manufacturer of closures for food and beverage …
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 …
Robofest celebrates world champions in online award ceremony
SOUTHFIELD—Teams from Ghana, Hong Kong, India, Mexico, South Africa, and Taiwan, along with Michigan, Illinois, and Kansas in the United States, have been crowned winners of Lawrence Technological University’s Robofest …
Penske Automotive reinstates dividend
BLOOMFIELD HILLS—The board of directors of Penske Automotive Group Inc. (NYSE:PAG) has voted to reinstate the company’s dividend. The dividend of 42 cents a share will be paid Dec. 1 …
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 …