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TriMas' Lamons Business Rationalizes Manufacturing Footprint
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2017-04-19
TriMas, a diversified, global manufacturer of engineered products, announced that it exited a manufacturing plant located in Wolverhampton, United Kingdom, and has taken actions to cease production at a plant located in Reynosa, Mexico. Both operations are part of TriMas' Lamons business, which is included within its Energy segment.
"The decision to exit these two manufacturing locations is part of our overall Lamons performance improvement plan, which was initiated as a countermeasure to offset the prolonged reduced demand levels within the crude oil refinery and exploration end markets," said Thomas Amato, TriMas' president and chief executive officer. "While these are difficult actions, they are necessary steps to better focus Lamons' commercial efforts on regions where our sealing products are in higher demand."
During the past year, Lamons has significantly improved production throughput at its Houston, Texas facility, which has increased available capacity and improved on-time delivery performance. As a result, Lamons will consolidate the production from its Reynosa facility into its Houston facility, allowing Lamons to focus its resources in a manner to better serve its North American customers.
In March 2017, TriMas exited its Lamons Wolverhampton facility, which manufactured certain components for subsea applications. However, Lamons will continue to support its sealing product customers in the United Kingdom from its branch in Antwerp, Belgium.
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