Thresher Industries Receives Outlook for 2010 - $1.4m From S&P 500 Company
02 Febrero 2010 - 8:23AM
PR Newswire (US)
HANFORD, Calif., Feb. 2 /PRNewswire-FirstCall/ -- Thresher
Industries, Inc. (Pink Sheets: THRR), a California-based
manufacturer of precision aluminum and advanced metal matrix
composite parts, announced today that it has received forecast of
purchases for 2010 from an S&P 500 company. Thresher
anticipates beginning production for both parts in February.
Thresher is estimated to receive between $400,000 and $625,000 in
orders for both parts for year 2010 from this S&P 500 company.
Thresher has also quoted value added services to these two parts
that could raise its revenue another $330,000 to $525,000 for year
2010. Along with these estimates, Thresher anticipates orders for
new parts this year that could be as high as $150,000. There is the
potential for Thresher to book as much as $1.4m in revenue for year
2010 from this S&P 500 company. About Thresher Industries, Inc.
Based in Hanford, California, Thresher Industries Inc. is an
eco-friendly "Made in the USA" manufacturer that provides a full
range of casting capabilities, from prototypes or low volume
casting to permanent mold, low pressure and high pressure castings.
All raw materials are 100% recycled aluminum, sourced and processed
exclusively in the U.S. Thresher's foundry is a zero-discharge, ISO
9000-certified facility that uses bio-degradable technologies,
renewable materials and proprietary processes that lower costs and
the environmental footprint of its customers. 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. http://www.thresherindustries.com/ 559-585-3400
(tel) DATASOURCE: Thresher Industries, Inc. CONTACT: Thresher
Industries, Inc., +1- 559-585-3400, Web Site:
http://www.thresherindustries.com/
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