The 2020 Mid-Year Economic Update_long

TriMas Sales Increase 3% in 2017

Fourth-quarter sales rise 5.2 percent to $195.2 million.

TriMas Corp. (NASDAQ: TRS), Bloomfield Hills, MI, a diversified global manufacturer of engineered and applied products, reported sales for 2017 of $817.7 million, a 3 percent increase from the previous year. The company reported a profit of $31 million, compared with a loss of $39.8 million in 2016.

The company reported sales for the fourth quarter of $195.2 million, a 5.2 percent increase from the same period a year ago. The company reported a loss of $4 million, compared with a loss of $67.4 million in the prior-year quarter.

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