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Thresher Industries, Inc. Increases Purchase Orders and Quoting Activity
HANFORD, Calif., March 11 /PRNewswire-FirstCall/ -- Thresher Industries (Pink Sheets: THRR) a California-based manufacturer of precision aluminum and advanced metal matrix composite parts, is pleased to announce that the Company has received numerous purchase orders for the first quarter of 2010 for its metal matrix composite aluminum high pressure castings and through its active pursuit of numerous bids has done its second tier bidding for another major S&P 500 company. This S&P 500 company could provide Thresher with millions of dollars in revenue over the next few years from just one part of the several quoted.
About Thresher Industries, Inc.
Thresher Industries, Inc. is a leading manufacturer of low carbon footprint conventional and custom machined die castings made from 100% recycled aluminum and metal matrix composites. Based in Hanford, California, the Company 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.
Contact: | |
Thresher Industries, Inc. | |
Tel: 559.585.3400 | |
SOURCE Thresher Industries, Inc.
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