TriMas Fastener Sales Grow

Jason Sandefur

Aerospace fastener demand helped push TriMas Corp’s industrial sales up 5.7% to $54.5 million during the first quarter of 2008. Segment operating profit rose 23% to $7.9 million.
TriMas said it wants to grow its industrial division “by developing specialty products for growing end markets such as medical and aerospace, while continuing to expand international sales efforts.”
Overall Q1 revenue at TriMas dropped 1.7% to $279.5 million, while operating profit declined 13% to $28.1 million. Web: trimascorp.com �2008 FastenerNews.com