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NASDAQ:TRS
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-0.49

4:00 PM ET on January 23, 2015

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TriMas Newsroom

Welcome to TriMas' newsroom. Our newsroom provides you with the most current information on the company and its businesses, including new products and services, financial data, awards, conference presentations, accomplishments and more.

David Rice to Accept Chief Financial Officer Role of New Cequent Public Entity upon Completion of Spin Transaction

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BLOOMFIELD HILLS, Michigan, January 22, 2015 – TriMas Corporation – a diversified global manufacturer of engineered and applied products – today announced David Rice as the future chief financial officer of the new Cequent organization, once the previously announced spin from TriMas Corporation is complete. The spin transaction is expected to be completed in mid-2015. David currently serves as division finance officer of TriMas’ Cequent Performance Products business located in Plymouth, Mich.

David will also assume responsibility for the human resource function of the Cequent businesses.

"I am pleased to announce David’s well-deserved promotion to chief financial officer," said Mark Zeffiro, previously announced president and chief executive officer of the new public entity upon completion of the transaction. "His extensive financial experience, strong interpersonal skills and focus on continuous improvement make him the ideal executive to help drive this new public entity going forward. I am confident David’s strategic orientation, financial leadership skills and focus on delivering results will create value for our shareholders.”

David joined TriMas Corporation in 2005 and brings more than 30 years of financial, audit and leadership experience to the role. He has held previous roles at TriMas Corporation, which include division finance officer of Cequent Performance Products, and group controller and director of Corporate Audit. Prior to 2005, he held additional divisional controller positions of increasing responsibilities at GKN Sinter Metals and Mueller Industries, Inc., as well as managing international operations finance at The Woodbridge Group. David holds a Bachelor of Business Administration degree with a concentration in Accounting from the Wayne State University, an Executive Masters of Business Administration from the University of Michigan and is a Certified Public Accountant.

As previously announced, Mark Zeffiro, the previous executive vice president and chief financial officer of TriMas, will serve as president and chief executive officer of the new spin-off entity upon completion of the transaction. On an interim basis, Zeffiro has been named group president of Cequent.

About TriMas
Headquartered in Bloomfield Hills, Michigan, TriMas Corporation provides engineered and applied products for growing markets worldwide.TriMas is organized into six reportable segments: Packaging, Energy, Aerospace, Engineered Components, Cequent APEA and Cequent Americas. TriMas has approximately 7,000 employees at more than 60 facilities in 19 countries. For more information, visit www.trimascorp.com.

CONTACT:
Christine Parker
Manager, Investor Relations & Communications 
(248) 631-5438
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TriMas Announces Leadership Change for Finance Organization

Bob Zalupski Named New TriMas Chief Financial Officer;
Mark Zeffiro Named Group President of Cequent

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BLOOMFIELD HILLS, Michigan, January 12, 2015 – TriMas Corporation (NASDAQ: TRS) – a diversified global manufacturer of engineered and applied products – today announced Bob Zalupski as the new chief financial officer of TriMas Corporation, effective immediately. This announcement follows the Company’s previously announced plan to spin-off its Cequent businesses, which is expected to occur in mid-2015. Bob currently serves as TriMas’ vice president of finance, corporate development and treasurer.

"I am pleased to announce Bob’s well-deserved promotion to chief financial officer," said Dave Wathen, president and chief executive officer of TriMas Corporation. "His extensive experience and exceptional track record with the Company make him the ideal executive to help drive TriMas’ financial performance going forward. I am confident Bob will hit the ground running and help TriMas continue to create value for our shareholders.”

Bob joined TriMas in 2002 and has more than 30 years of business and financial management experience. In his current role, Bob manages the Company's acquisitions and divestitures process, and as treasurer, is responsible for TriMas’ global cash management and capital structuring activities. From 1996 to 2002, he was a partner at Arthur Andersen, providing audit, business consulting and risk management services to clients in the manufacturing and automotive supplier industries. Prior to 1996, he held positions of increasing responsibility within the audit practice of Andersen serving publicly held clients in a variety of industries. Bob holds a Bachelor of Business Administration degree with a concentration in Accounting from the University of Michigan and is a Certified Public Accountant and Certified Internal Auditor.

As previously announced, Dave Wathen will remain president and chief executive officer of TriMas Corporation. Mark Zeffiro, the previous executive vice president and chief financial officer of TriMas, will serve as president and chief executive officer of the new spin-off entity upon completion of the transaction. On an interim basis, Zeffiro has been named group president of Cequent, and will continue to report directly to Wathen, with the Cequent leaders reporting to him.

TriMas plans to provide additional details about the board and management teams of the separated companies in the future.

About TriMas
Headquartered in Bloomfield Hills, Michigan, TriMas Corporation (NASDAQ: TRS) provides engineered and applied products for growing markets worldwide.TriMas is organized into six reportable segments: Packaging, Energy, Aerospace, Engineered Components, Cequent APEA and Cequent Americas. TriMas has approximately 7,000 employees at more than 60 facilities in 19 countries. For more information, visit www.trimascorp.com.

CONTACT:    
Christine Parker
Manager, Investor Relations & Communications 
(248) 631-5438
This email address is being protected from spambots. You need JavaScript enabled to view it.

TriMas Corporation Announces Final Decision in its Energy Segment

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BLOOMFIELD HILLS, Michigan, January 5, 2015 – TriMas Corporation (NASDAQ: TRS) – a diversified global manufacturer of engineered and applied products – announced today its final decision to move a portion of the gasket and fastener operations from its Lamons Houston facility to a new facility in Mexico. The move to Mexico will improve the Lamons global operating model and enhance the competiveness of the business. This transition is expected to be completed over the next 12 to 18 months.

Notice Regarding Forward-Looking Statements 
Any "forward-looking" statements contained herein, including those relating to market conditions or the Company's financial condition and results, expense reductions, liquidity expectations, business goals and sales growth, involve risks and uncertainties, including, but not limited to, risks and uncertainties with respect to the Company’s plans for successfully executing the spin-off within the expected timeframe or at all, the taxable nature of the spin-off, future prospects of the companies as independent companies,  general economic and currency conditions, various conditions specific to the Company's business and industry, the Company’s ability to integrate Allfast and attain the expected synergies, and the acquisition being accretive, the Company's leverage, liabilities imposed by the Company's debt instruments, market demand, competitive factors, supply constraints, material and energy costs, technology factors, litigation, government and regulatory actions, the Company's accounting policies, future trends, and other risks which are detailed in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2013, and in the Company's Quarterly Reports on Form 10-Q. These risks and uncertainties may cause actual results to differ materially from those indicated by the forward-looking statements. All forward-looking statements made herein are based on information currently available, and the Company assumes no obligation to update any forward-looking statements.

About TriMas
Headquartered in Bloomfield Hills, Michigan, TriMas Corporation (NASDAQ: TRS) provides engineered and applied products for growing markets worldwide.TriMas is organized into six reportable segments: Packaging, Energy, Aerospace, Engineered Components, Cequent APEA and Cequent Americas. TriMas has approximately 7,000 employees at more than 60 facilities in 19 countries. For more information, visit www.trimascorp.com.

About Lamons
Headquartered in Houston, Texas, Lamons is one of the largest gasket, fastener and specialty bolt suppliers in the world, committed to premium quality products and local service. It has major manufacturing, sales and service facilities located throughout the world. Lamons has maintained its market leadership with the widest selection of gasket and bolt materials ready for immediate delivery with leading technology and state-of-the-art manufacturing facilities that produce engineered products to custom specifications serving the petroleum refining, petrochemical, power generation, and pulp and paper industries. For additional information, visit www.lamons.com or call +1 (713) 222-0284.
  
CONTACTS:  
Michael Szudarek
586-383-7554
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Alan Upchurch
248-797-4325
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TriMas Announces Plan For Tax-free Spin-off of Cequent Businesses

TriMas Corporation Reports Third Quarter Results

TriMas Completes Acquisition of Allfast Fastening Systems

TriMas Announces Agreement to Acquire Allfast Fastening Systems

TriMas Corporation Updates 2014 Guidance