TriMas Corp. announced that its Aerospace division added multi-year contracts with two aerospace customers.

At the 53rd International Paris Air Show, TriMas Aerospace was awarded new fastener supply contracts by Safran Nacelles of La Havre, France, and Sonaca Group of Gosselies, Belgium. Safran and Sonaca are also both new customers to TriMas Aerospace.

“We are excited to enter into these strategic partnerships to serve the needs of these important new customers,” said CEO Thomas Amato. “Both Safran and Sonaca are key aerospace Tier 1 suppliers, and are major users of blind fasteners.”

TriMas Aerospace designs, engineers and manufactures engineered fasteners, solid rivets, temporary fasteners and standard fasteners for the global commercial and military aerospace industry under the Monogram Aerospace Fasteners, Allfast Fastening Systems and Mac Fasteners brands.

“The TriMas Aerospace engineering, commercial and manufacturing teams have worked diligently with these important European-based customers during the past few years to qualify TriMas Aerospace products,” said John Schaefer, president of TriMas Aerospace. “We look forward to launching production and further collaboration on fastener innovations with both Safran and Sonaca.”

In the opening quarter of 2019, TriMas reported sales at it Aerospace segment increased 1.4% to $38.3 million due to steady demand for fasteners. Segment operating profit rose 25% to $5.7 million due to improved production efficiencies and a more favorable product sales mix.

Consolidated TriMas sales gained 1.9% to $221.3 million in Q1 as organic and acquisition-related sales growth was partially offset by the unfavorable impact of currency exchange. Web: TriMasCorp.com