ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

TRS TriMas Corporation

25.42
0.82 (3.33%)
23 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
TriMas Corporation NASDAQ:TRS NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.82 3.33% 25.42 22.24 26.20 25.46 24.445 24.57 258,010 22:30:00

TriMas Packaging Unveils New State-of-the-Art Facility in Haining, China

25/11/2024 6:00pm

Business Wire


TriMas (NASDAQ:TRS)
Historical Stock Chart


From Nov 2024 to Jan 2025

Click Here for more TriMas Charts.

TriMas (NASDAQ: TRS) today announced the launch of its new, state-of-the-art, 225,000 square foot facility for its TriMas Packaging group in Haining, China. This milestone follows last year’s decision to rationalize two manufacturing facilities into one new facility. TriMas exited both its Hangzhou, China, and older Haining, China facilities, consolidating them into a single, new facility in Haining with advanced capabilities to better serve customers across China and the wider Asian markets.

The highly automated facility is equipped with advanced injection molding and assembly capabilities, autonomous robots including Automated Guided Vehicles (AGVs), robotic auto palletizing and a specialized Warehouse Management System (WMS). These innovations streamline material handling processes, reduce labor expenses, minimize safety risks and support the Company’s sustainability goals through energy-efficient systems and waste reduction practices. Additionally, the facility features a cutting-edge quality lab, a 100,000-level clean room and QS certification, ensuring compliance with stringent food safety standards in China.

“We are excited to introduce our new state-of-the-art facility in Haining, which reflects our commitment to operational excellence, innovation, sustainability and delivering high-quality packaging solutions for our customers,” said Thomas Amato, TriMas President and Chief Executive Officer. “With this addition, we are proud to now have advanced flagship locations in the United States, Mexico, and China, strategically positioning us for continued growth across these key regions. We extend our thanks to our TriMas Packaging team who contributed to the successful launch of this cutting-edge facility in Haining.”

The Haining facility manufactures dispensing and airless lotion pumps, foaming pumps, caps and closures, primarily for the beauty and personal care markets. It also produces e-commerce lotion pumps to meet the growing demand in the online retail sector.

View the video to see the new Haining facility: TriMas Packaging: Haining, China Facility

About TriMas Packaging

TriMas Packaging serves its global customers with its market-leading brands, consisting of Rieke®, Affaba & Ferrari™, Rapak®, Taplast™, Plastic Srl and Aarts Packaging. TriMas Packaging designs and manufactures a comprehensive array of dispensing, closure and flexible packaging solutions for a broad range of end markets including the beauty and personal care, food and beverage, home care, pharmaceutical and nutraceutical, and industrial and agricultural markets. With approximately 2,200 dedicated employees and 26 locations worldwide, TriMas Packaging’s innovative solutions and services are designed to enhance customers’ ability to dispense, transport and store their products safely and securely in an ever-changing marketplace. For more information, please visit www.trimaspackaging.com.

About TriMas

TriMas manufactures a diverse set of products primarily for the consumer products, aerospace and industrial markets through its TriMas Packaging, TriMas Aerospace and Specialty Products groups. Our approximately 3,400 dedicated employees in 13 countries provide customers with a wide range of innovative and quality product solutions through our market-leading businesses. Our TriMas family of businesses has strong brand names in the markets served, and operates under a common set of values and strategic priorities under the TriMas Business Model. TriMas is publicly traded on the NASDAQ under the ticker symbol “TRS,” and is headquartered in Bloomfield Hills, Michigan. For more information, please visit www.trimas.com.

Sherry Lauderback VP, Investor Relations & Communications (248) 631-5506 sherry.lauderback@trimas.com

1 Year TriMas Chart

1 Year TriMas Chart

1 Month TriMas Chart

1 Month TriMas Chart

Your Recent History

Delayed Upgrade Clock