TriMas Announces Acquisition to Expand Energy Global Footprint and Product Portfolio in Southeast Asia
TriMas Corporation (NASDAQ: TRS) – a diversified global manufacturer of
engineered and applied products – announced today that Lamons, its
energy business, acquired the operating assets and ongoing business of
Tat Lee (Thailand) Ltd. on April 29, 2013. Located in the Rayong region
of Thailand, Tat Lee (Thailand) Ltd. is a manufacturer and distributor
of standard and specialty gaskets, providing superior technology for
refineries, petrochemical and power energy plants, and the manufacturing
industry.
“This acquisition enhances our capabilities throughout Southeast Asia,”
said Kurt Allen, president of Lamons. “Lamons will now have an
established branch in close proximity to two large global customers,
allowing us to increase our service to them.”
Over the past several years, Lamons has opened sales and service
branches around the world to better serve its global customers. Lamons
further expanded its global footprint and product portfolio with the
acquisition of Wulfrun Specialised Fasteners Limited in the United
Kingdom in March 2013 and Brazil-based businesses Gasket Vedações
Técnicas Ltda in January 2013 and CIFAL Industrial e Comercial Ltda in
July 2012.
Lamons also recently established a new service branch in Vancouver,
Canada to even better serve its global customers. The business is now
approaching 30 global locations strategically located around the world
to ensure immediate delivery.
Lamons designs, manufactures and distributes industrial sealing products
and fasteners for the petroleum refining, petrochemical, oil field and
other industrial markets. These highly-engineered products are designed,
manufactured and stocked in close proximity to their refining and
petrochemical customers to ensure quick delivery and exceptional service.
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 & Defense, Engineered Components, Cequent
Asia Pacific and Cequent Americas. TriMas has approximately 5,500
employees at more than 60 facilities in 17 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 (713) 222-0284.
