Arrow Engine Establishes Partnership with Yantai Arrow Mechanical Products Co., Ltd in China
BLOOMFIELD HILLS, Mich., Jan. 2 -- TriMas Corporation (NYSE:TRS) -- a diversified growth company of high-end, specialty niche businesses -- today announced that Arrow Engine Company, part of the Energy Products group of TriMas, has opened a facility in Shandong, China and partnered with Yantai Arrow Mechanical Products Co., Ltd. The 26,000 square meter facility will enable Arrow to grow its Gas Products business at a more rapid rate by tapping into a large pool of qualified code welders and producing ASME code vessels for Arrow Engine.
"By forming this partnership with Yantai, Arrow Engine will have a platform to accelerate the growth in both the ASME code pressure vessel business and our recently launched gas compression business." said Len Turner, President Arrow Engine. "There are approximately 100 Yantai employees in Shandong, China that will be a vital part of Arrow's growth strategy going forward. Based on Yantai's 30 plus years of experience, we are confident in their ability to provide high quality products."
About Arrow Engine
Founded in 1955 and headquartered in Tulsa, Oklahoma, Arrow Engine Company provides a variety of engine replacement parts and accessory products, slow- speed engines, four and six cylinder engines, generator sets and chemical injector pumps for the oil and gas industry and other industrial markets.
About TriMas
Headquartered in Bloomfield Hills, Michigan, TriMas Corporation (NYSE:TRS) is a diversified growth company of high-end, specialty niche businesses manufacturing a variety of products for commercial, industrial and consumer markets worldwide. TriMas Corporation is organized into five strategic business groups: Packaging Systems, Energy Products, Industrial Specialties, RV & Trailer Products, and Recreational Accessories. TriMas Corporation has nearly 5,000 employees at 80 different facilities in 10 countries. For additional information, please visit http://www.trimascorp.com/.
CONTACT:
Sherry Lauderback
Vice President
Investor Relations & Communications
(248) 631-5506
sherrylauderback@trimascorp.com
Source: TriMas Corporation
Web site: http://www.trimascorp.com/
