TriMas Corp. (NASDAQ: TRS), Bloomfield Hills, MI, a diversified global manufacturer of engineered and applied products, reported sales for the first quarter of $366.5 million, a slight increase from the previous year. Profit decreased 24.7 percent to $14 million.
"TriMas delivered performance as planned in the first quarter of 2015, despite a backdrop of macroeconomic challenges, including volatile oil-related markets and currency headwinds," said David Wathen, president and CEO.