Aerospace Fastener Market Thrives with Increasing Aircraft Production and Air Travel, Projected to Reach USD 16,493.4 Million by 2034 | Future Market Insights, Inc. [Yahoo! Finance]
TriMas Corporation (TRS)
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Source: Yahoo! Finance
The USA military's extensive aircraft fleet requires a steady supply of fasteners, supported by a budget that facilitates fleet expansion, making the military aerospace sector a major consumer. Additionally, the market is experiencing increased foreign investment, exemplified by the November 2023 acquisition of Houston Precision Fasteners by Italian company Poggipolini, highlighting the sector's attractiveness to global investors. NEWARK, Del, Dec. 05, 2024 (GLOBE NEWSWIRE) -- The global aerospace fastener market is projected to reach USD 8,869.4 million in 2024 and is anticipated to grow at a CAGR of 6.4% over the next decade. By 2034, the market is expected to achieve a valuation of USD 16,493.4 million. With the steady rise in air travel, the demand for aircraft is surging, encompassing both commercial and military aviation sectors. This expansion elevates the need for high-quality aerospace components, including fasteners, which are essential for ensuring the structural integr
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- TriMas Enhances Operational Efficiency With Facility Launch in China [Yahoo! Finance]Yahoo! Finance
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- TriMas Announces Winner of Its Annual Kaizen ChallengeBusiness Wire
- TriMas Co. (NASDAQ: TRS) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
TRS
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- 11/4/24 - Miss
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Sec Filings
- 11/20/24 - Form 4
- 11/19/24 - Form 144
- 11/18/24 - Form 4
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