TriMas Corp. (TRS) Initiates Further Facility Consolidation
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TriMas Announces Plans For Further Facility Consolidation
September 28, 2016 10:00 AM EDTBLOOMFIELD HILLS, Mich., Sept. 28, 2016 (GLOBE NEWSWIRE) -- TriMas (NASDAQ: TRS), a diversified, global manufacturer of engineered products, today announced that it has initiated facility consolidation actions to more efficiently utilize existing locations and better serve its customers. These actions are incremental to certain facility closure and consolidation efforts completed over the past year as part of the Companys Financial Improvement Plan, and are part of the Companys continuous improvement initiatives.
The following TriMas facilities, listed by segments, will be impacted:
Aerospace: Paris, Arkansas production will... More