EX-12 12 file008.htm COMPUTATION OF RATIOS

                                                                      EXHIBIT 12




                                     TRIMAS
                                   EXHIBIT 12
         COMPUTATION OF RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND
                           PREFERRED STOCK DIVIDENDS

                             (DOLLARS IN THOUSANDS)

                                                              For the Years Ended December 31
                                                              -------------------------------
                                                                 One Month   Eleven Months
                                                                   ended         ended
                                         2002          2001       12/31/00      11/28/00        1999       1998 (1)
                                         ----          ----       --------      --------        ----       --------
EARNINGS (LOSS) BEFORE INCOME
TAXES AND FIXED CHARGES:

Income (loss) from continuing
   operations before income taxes       $  3,120     $ (9,450)    $ (5,250)   $  42,190      $  65,000   $  49,910

Deduct equity in undistributed
   earnings of                                                                                          -
   less-than-fifty-percent owned
   companies                                   -            -            -            -              -           -

Fixed charges                             62,360       74,930        5,160       57,430         57,380      62,110
Deduct capitalized interest                  (30)        (110)         (20)        (200)          (260)       (220)
Depreciation of fixed charges                 20           10            -           50             30          10
Estimated interest factor for
   rentals                                     -            -            -            -              -           -
                                        --------     --------     --------    ---------      ---------   ---------
Earnings (loss) before income taxes
   and fixed charges                    $ 65,470     $ 65,380     $   (110)   $  99,470       $122,150   $ 111,810
                                        ========     ========     ========    =========       ========   =========

FIXED CHARGES:

Interest on indebtedness, net             60,010       73,130        5,000       55,390         55,380      60,290
Capitalized interest                          30          110           20          200            260         220
Estimated interest factor for rental       2,320        1,690          140        1,840          1,740       1,600
                                        --------     --------     --------    ---------      ---------   ---------

Total fixed charges                       62,360       74,930        5,160       57,430         57,380      62,110
                                        --------     --------     --------    ---------      ---------   ---------

Total fixed charges                     $ 62,360     $ 74,930     $  5,160    $  57,430      $  57,380   $  62,110
                                        ========     ========     ========    =========       ========   =========


RATIO OF EARNINGS TO FIXED CHARGES         1.0         0.9         (0.02)        1.7             2.1        1.8
                                        ========     ========     ========    =========       ========   =========

Notes:

         (1)      Metaldyne acquired TriMas in January 1998. Financial results
                  for the 21 days prior to Metaldyne's acquisition have not been
                  included because the results were determined on a different
                  accounting basis.

         (2)      For the period ended December 31, 2000, and year ended
                  December 31, 2001, additional earnings of $5.3 million and
                  $9.6 million, respectively, would have been required to make
                  the ratio 1.0x.