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Lamons Announces Acquisition And Continues To Expand Global Footprint And Product Portfolio In Brazil

Stocks in this article: TRS

HOUSTON, July 31, 2012 /PRNewswire/ -- Lamons, a TriMas Corporation (NASDAQ: TRS) business, has continued to expand its global footprint and product portfolio and is now in the rapidly growing energy market of Brazil. Lamons acquired CIFAL Industrial e Comercial Ltda on July 30, 2012. Located in Sao Paulo, CIFAL is a recognized manufacturer and supplier of specialty fasteners and stud bolts, primarily to the oil and gas industry.

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.

"We are excited to be expanding into Brazil, a region of the world heavily investing in the oil and gas industry, including new refineries and off-shore platforms," commented Kurt Allen, president of Lamons. "This acquisition further develops our global footprint and positions us to grow in this rapidly expanding marketplace. It also enables us to better serve our existing customers and enhances our fastener product offering in Brazil and around the world."

Over the past several years, Lamons has been opening sales service branches around the world to better serve its global customers. In 2010, the business also broadened its product portfolio by acquiring South Texas Bolt & Fitting, a manufacturer and distributor of customized stud bolts, industrial fasteners and specialty products for the oilfield and industrial markets.

Lamons will also be present at the Rio Oil & Gas Expo and Conference, being held in Rio de Janeiro from September 17-20, 2012 at the Riocentro Convention Center.

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.

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 North America.  TriMas has approximately 4,500 employees at more than 60 different facilities in 17 countries. For more information, visit www.trimascorp.com .

CONTACT: Christine ParkerCommunications Specialist(248) 631-5438 christineparker@trimascorp.com

SOURCE Lamons

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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