Thresher Industries Completes Initial Order From U.S. Defense Contractor
18 Mayo 2009 - 8:26AM
PR Newswire (US)
HANFORD, Calif., May 18 /PRNewswire-FirstCall/ -- Thresher
Industries, Inc. (Pink Sheets: THRR), a California-based
manufacturer of precision recycled aluminum and advanced metal
matrix composite parts, is pleased to announce that it has
completed and shipped an order for conventionally cast aluminum
parts as requested by Onodi Tool & Engineering Company.
Headquartered in Melvindale, Michigan, Onodi Tool & Engineering
is a privately-held manufacturer and assembler serving the United
States Government and Tier One combat vehicle manufacturers since
the early 1970's. Tom Flessner, CEO and President of Thresher
Industries, stated, "We shipped our first Onodi Tool &
Engineering order in late 2004 and they have been a customer since
our inception. We have seen a steady increase in quote activity
from Onodi. We are thrilled to expand our relationship with Onodi
upon completion of this order. We are supplying a number of quotes
to the company now, and anticipate securing additional orders from
Onodi later this year. " Onodi provides parts for the Abrams M1
tank, eight-wheeled Stryker vehicle as well as other military
vehicles. Flessner added, "The lightweight, reinforced strength of
our 100% recycled aluminum castings are ideal for military vehicle
use. Our parts can help decrease vehicle weight, which in turn
allows for heavier armor application and cut costs, while promoting
a cleaner, greener environment. Thresher is equipped to overcome
the toughest challenges facing manufacturers today, including
meeting the mission-critical requirements of the U.S. Military."
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
http://www.thresherindustries.com/ DATASOURCE: Thresher Industries,
Inc. CONTACT: Thresher Industries, Inc., +1-559-585-3400, Web Site:
http://www.thresherindustries.com/
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