TriMas today announced that it has signed an agreement to acquire the operating net assets of Weldmac Manufacturing Company (“Weldmac”), a leading designer and manufacturer of high-performance, complex metal fabricated components and assemblies for the aerospace, defense and space launch end markets. Upon closing, which is anticipated to occur in the coming months, Weldmac will become part of our TriMas Aerospace group and further advance the strategic growth of our integrated structural solutions product lines comprised of RSA Engineered Products and Martinic Engineering.

“We are excited to announce the agreement to add Weldmac to the TriMas family of businesses,” said Thomas Amato, TriMas President and Chief Executive Officer. “This acquisition will add complementary, highly-engineered products and new manufacturing capabilities to TriMas Aerospace, expanding our offering and position in the aerospace, defense and space launch end markets. We expect Weldmac's customers to benefit from TriMas Aerospace's broader product offering, added innovation and manufacturing depth, while TriMas Aerospace's customers will enjoy additional product offerings and capabilities provided by Weldmac.”

Located in El Cajon, California, Weldmac is a premier designer and manufacturer of highly-engineered components for a broad range of critical applications across the aerospace, defense, commercial power and space launch industries. Offering numerous AS9100D and National Aerospace and Defense Contractors Accreditation Program (NADCAP) certified manufacturing services, Weldmac's comprehensive processes include welding, stamping, punching, hydroforming, forging, laser cutting, custom tooling and machining, as well as advanced quality control inspections and complex assembly utilizing a variety of metals. Weldmac's manufacturing complex is equipped with a wide variety of state-of-the-art lasers, metal forming and fabrication equipment. Weldmac currently operates as a private, family estate-owned company, and generated approximately $33 million in revenue in fiscal year 2022.

John Schaefer, President of TriMas Aerospace, commented, “We look forward to welcoming Weldmac's current leadership team and dedicated employees to our progressively stronger portfolio of aerospace, defense and space businesses. The Weldmac acquisition represents a major step forward in advancing our strategic plans to expand our complex engineered solutions offerings in the space and defense markets, as well as adding to our already broad capabilities which include component and system design, custom tooling fabrication, welding, bending, forming, machining, mechanical assembly, metal surface coatings, and non-destructive testing.”