October 29, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — TriMas Corp. (NASDAQ: TRS) said that it has agreed to acquire the stock of South Texas Bolt & Fitting, Inc. for the purchase price of $18 million, payable in cash at closing.

According to TriMas, the purchase price is subject to a net working capital adjustment, if any. The transaction is scheduled to close on November 1, at which time STBF will be integrated into the firm’s Lamons business as part of the company's energy segment.

Texas-based STBF is a manufacturer and distributor of customized stud bolts, industrial fasteners and specialty products for the oilfield and industrial markets.

TriMas said that STBF generated around $14.5 million in revenue for the twelve months ended June 30, 2010.

Texas-based Lamons produces and distributes metallic and non-metallic industrial gaskets and complementary fasteners for petroleum refining, petrochemical and other industrial markets.

Michigan-based TriMas provides engineered and applied products for various markets worldwide. TriMas is organized into five strategic business segments: Packaging, Energy, Aerospace & Defense, Engineered Components and Cequent.

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