Thresher Industries Completes Relocation to New Manufacturing Facility
HANFORD, Calif., Sept. 1, 2011 /PRNewswire/ -- Thresher Industries (PinkSheets: THRR) announced today that it has completed relocation to a new manufacturing facility in Hanford, California. The new facility remains in the Kings County enterprise zone and is a more energy efficient, modern 10,000 square foot facility. Tom Flessner, President / CEO Thresher Industries stated, 'The new facility has excellent high bays along with great ventilation, as well as skylights which allow us to take advantage of our numerous sunny days here in the beautiful central valley. Thresher has focused on Green Manufacturing and this facility will allow us to further that goal.' The building is also equipped with a closed circuit monitoring system which will help relieve many of the security concerns which prompted this move.
Thresher continues to manufacture product as well as develop and distribute its metal matrix composite aluminum to targeted industries. A dedicated metallurgy lab is being added at the new facility allowing faster response to customer needs.
About Thresher Industries
Based in Hanford, California, Thresher operates an ISO 9000-compliant, green foundry that integrates bio-degradable technologies and processes to lower the economic and environmental costs of production. Thresher offers full engineering support, designing, and prototype development to a variety of industries including: agriculture, aerospace, defense, transportation, and automotive in the U.S. and Europe. For more information, visit http://www.thresherindustries.com.
Statements contained in this news release, other than those identifying historical facts, constitute "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Safe Harbor provisions as contained in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relating to the Company's future expectations, including but not limited to revenues and earnings, technology efficacy, strategies and plans, are subject to safe harbors protection. Actual Company results and performance may be materially different from any future results, performance, strategies, plans, or achievements that may be expressed or implied by any such forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements.
SOURCE Thresher Industries