TriMas Spinoff Horizon Sees 2Q Sales Fall 11.1%

August 10, 2015 by RVBusiness

Horizon Global Corp., a spinoff of TriMas Corp. comprised of the company’s Cequent businesses, today (Aug. 10) reported net sales for the second quarter, ended June 30, decreased 11.1% to $158.5 million, compared to the second quarter of 2014 due to foreign currency translation and distributor consolidation, partially offset by growth in eCommerce and retail. Operating profit decreased […]