Thresher Industries Announces Increased Staffing Due to Strong Demand
March 01 2010 - 9:14AM
PR Newswire (US)
HANFORD, Calif., March 1 /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 had to increase the
number of production employees for its high pressure casting
division due to increasing demand for its unique cast parts.
Thresher has also added to quality assurance staffing and its
product finishing staff, due to increasing part orders and
necessary throughput on its latest purchase orders, as well as
increased purchase orders from its customers. Tom Flessner,
President / CEO added, "We're very pleased to see increasing orders
and new customers, our entire staff and field sales support have
worked tenaciously over the past 24 months. It is very gratifying
to add employees here in Hanford. Working on further material
development and research has obviously allowed us to penetrate new
markets for Thresher's unique manufacturing niche." 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/ info@thresherindustries.com
DATASOURCE: Thresher Industries, Inc. CONTACT: Thresher Industries,
Inc., +1-559-585-3400,info@thresherindustries.com Web Site:
http://www.thresherindustries.com/
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