TriMas Reports Third-Quarter 2026 Financial Results and Agreement to Sell Rapak Business

TriMas reported third-quarter 2026 net sales of $178.7 million, up 7.7% year over year, and operating profit of $11.5 million, compared with an operating loss of $3.2 million a year earlier. Adjusted diluted EPS from continuing operations was $0.50. The company agreed to sell its Rapak flexible bag-in-box packaging, dispensing and liquid-filling business, with closing expected in November 2026. TriMas said proceeds will support capital allocation priorities, including growth investments, acquisitions and share repurchases.