Your email has been successfully added to our mailing list.

×
0 0 0 0 0 -0.0605009633911367 -0.0558766859344894 -0.0543352601156068
Stock impact report

TriMas Completes Sale of Its Arrow Engine Business

TriMas Corporation (TRS) 
Last trimas corporation earnings: 4/30 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.trimascorp.com
Company Research Source: Business Wire
BLOOMFIELD HILLS, Mich.--(BUSINESS WIRE)--TriMas (NASDAQ: TRS) today announced the successful completion of the previously announced sale of its Arrow Engine business, thereby exiting its direct presence in the oil and gas market sector. The sale was finalized with IES Infrastructure Solutions LLC, a division of IES Holdings, Inc. (NASDAQ: IESC), and a provider of electrical and mechanical apparatus services, custom steel fabrication and custom-engineered solutions, including generator enclosures and bus systems to customers both in the United States and abroad. The transaction closed on January 31, 2025.“Founded in 1955, Arrow Engine was a legacy TriMas business and part of the TriMas portfolio for several decades,” said Thomas Amato, TriMas President and Chief Executive Officer. “We are pleased to place this business with IES Infrastructure Solutions, the right partner to take Arrow Engine to the next level. This move is another important step in optimizing TriMas’ business port Show less Read more
Impact Snapshot
Event Time:
TRS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for
TRS alerts

from News Quantified
Opt-in for
TRS alerts

from News Quantified