Thresher Completes and Ships Order to Onodi Tool
01 Octubre 2009 - 8:22AM
PR Newswire (US)
HANFORD, Calif., Oct. 1 /PRNewswire-FirstCall/ -- Thresher
Industries, Inc. (Pink Sheets: THRR), a California-based
manufacturer of precision recycled aluminum and advanced metal
matrix composite parts, today announced it has shipped its third
military order of 2009 from Onodi Tool & Engineering Company
("Onodi"). Year-to-date, Thresher has provided a number of quotes
for various parts to Onodi, a privately-held manufacturer and
assembler serving the United States Government and Tier One combat
vehicle manufacturers for over 35 years, based in Melville
Michigan. Regarding the recent order, Tom Flessner, President and
CEO of Thresher Industries, Inc., said, "We have seen strong sales
growth with Onodi and have continued to produce product that passes
the stringent quality requirements demanded for this type of work.
We have begun discussions with Onodi to produce not only perm mold
cast product but also provide high pressure castings from our
Pressure Cast Group. We continue to focus on expanding
relationships with customers like Onodi by offering unique
processes and materials as well as attracting new customers to
expand and grow our revenue base." Since 2004, Thresher has helped
Onodi and other leading manufacturers successfully meet the
mission-critical requirements of the U.S. Military. The
lightweight, reinforced strength of Thresher's 100% recycled
aluminum castings are safe for the environment and offer distinct
operational and cost advantages during military vehicle use.
Thresher's parts can help decrease vehicle weight, which in turn
lowers fuel costs and increases the vehicle's capacity to integrate
heavier armor application for greater protection. 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.
http://www.thresherindustries.com/ CONTACT: Thresher Industries,
Inc., +1-559-585-3400 DATASOURCE: Thresher Industries, Inc.
CONTACT: Thresher Industries, Inc., +1-559-585-3400 Web Site:
http://www.thresherindustries.com/
Copyright