TriMas Completes Sale of Its Arrow Engine Business
TriMas Corporation (TRS)
Last trimas corporation earnings: 4/30 08:00 am
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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
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- TriMas (NASDAQ:TRS) was downgraded by analysts at Zacks Research from a "strong-buy" rating to a "hold" rating.MarketBeat
- TriMas (NASDAQ:TRS) was downgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=TRS&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall Street Zen</a> froMarketBeat
- TriMas (NASDAQ:TRS) had its "buy" rating reaffirmed by analysts at BWS Financial. They now have a $45.00 price target on the stock.MarketBeat
- TriMas Announces New Chief Financial OfficerBusiness Wire
- TriMas (NASDAQ:TRS) had its "hold (c+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
TRS
Earnings
- 10/28/25 - Beat
TRS
Sec Filings
- 12/16/25 - Form 3
- 12/4/25 - Form 8-K
- 11/14/25 - Form 4
- TRS's page on the SEC website