Möbel & Innenausbau
Dez 19
in Allgemein 0 comments

Trimas Credit Agreement

TriMas is a global manufacturer and supplier of products for customers primarily in the consumer goods, aerospace and industrial markets, with approximately 3,500 employees engaged in 11 countries. We offer our customers a wide range of innovative and high quality product solutions from our market-leading companies. Our TriMas family of companies has powerful brand names in the end markets served and operates under a common set of values and strategic priorities as part of the TriMas business model. TriMas is marketed on the NASDAQ under the ticker symbol „TRS“ and is headquartered in Bloomfield Hills, Michigan. For more information, see www.trimascorp.com. Trimas Corp. – On September 20, Trimas LLC made a replacement equipment change to the credit contract – SEC Filing TriMas` Packaging Segment, consisting primarily of the Rieke®, Taplast™ and Rapak brands®, develops and manufactures special products for the Beauty – Personal Care, Food – Beverage, Pharma – Nutraceutical, Industrial and Home markets. Revenues increased 28.1% in the third quarter compared to the same period last year, mainly due to increased demand for dosing pumps and closure products sold in applications that help control the spread of germs or are used in cleaning. Increased food and beverage sales and acquisition-related sales also contributed to the increase. Operating income and corresponding margin increased in the third quarter as the effects of higher revenue more than offset inefficiencies related to the impact of the pandemic on production planning and operations, as well as increased distribution, operating and management expenses related to acquisitions and investments in revenue growth initiatives. The company also announced that it has signed an agreement to acquire Affaba-Ferrari, designer and manufacturer of caps and technical caps for food and beverage products, as well as industrial applications established in Italy. TriMas (NASDAQ: TRS) announced today that it has signed an agreement to acquire Affaba- Ferrari Srl, designer and manufacturer of precision caps and closures for food, beverage and industrial products applications.

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