Thresher Industries, Inc. (
THRR) Increases Purchase Orders and Quoting Activity (See full story below)
THRR Up 100% since we launched our profile coverage night before last and it`s still looking strong up 20% on strong volume again today! Thresher Industries Inc. (OTC:
THRR) Detailed Quote:
http://otcpicknews.com/emailmarketer/link.phpM218&N1&L6&F=T Company Profile:
http://otcpicknews.com/emailmarketer/link.phpM218&N1&L18&F=T Breaking
THRR News:
March 11 - Thresher Industries, Inc. Increases Purchase Orders and Quoting Activity 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://otcpicknews.com/emailmarketer/link.phpM218&N1&L19&F=T.March 10 - Thresher Industries CEO Calls for Special Meeting of Board of Directors to Discuss Buyout Offer Thresher Industries (Pink Sheets:
THRR) announced today that the CEO - Tom Flessner has called for a special meeting with its board of directors to review an offer that has been received to buy the company. It is expected that Mr. Flessner will report to the shareholders no later than Monday the 15th of March 2010.
March 9- Thresher Industries Adds Shotscope Process Monitor Thresher Industries (Pink Sheets:
THRR) announced today that it has added a Shotscope Process Monitoring system to its high pressure die casting department. The addition allows Thresher to supply consistently high quality castings for its customers and reduce scrap and other costs associated in production. Tom Flessner President / CEO said, "The addition of this equipment allows our technicians to interface with the high speed casting machines, generate statistical data for all aspects of the process and see real time run data. This allows us to set limits, run product consistently and assures quality does not vary. Monitoring of production can be done at the machine, in our offices or anywhere in the world. This new process will be key in our efforts to be a total Green Company, by reducing scrap material and its cost to the environment. This is a true asset to both Thresher and our customers." Company Overview Thresher Industries is a provider of aluminum and metal matrix composite alloy castings. They provide a full range of casting capabilities, from prototypes or low volume casting to permanent mold, low pressure and high pressure castings. Engineered materials working from their extensive catalog of alloys to materials engineered to meet the customers very specific need without compromise.
THRR offers full engineering, metallurgical and sales support as well as unique technologies such as our Nautilus Core system. They offer rapid response to customer needs as well as regional customer support from the company`s sales and engineering team members. Thresher Industries has acknowledged the need for manufacturing sites near their diverse markets and will support that need with unique manufacturing solutions.
Production Services Thresher Industries started as a perm-mold casting company and has expanded its manufacturing capabilities to include perm-mold, low pressure, high pressure and Nautilus Core manufacturing here in Hanford, California.
THRR also has full engineering services and a group of fully audited outside service providers for x-ray, machining, painting etc. In house we provide perm-mold tilt type casting machines, low pressure vacuum casting capability, high pressure, high volume casting (Q1 2009) and our Nautilus Core manufacturing equipment. Their production department also provides finished castings.
THRR operates under an ISO compliant quality system.
Full engineering support, designs and prototype development, Thresher Industries has expanded their engineering and materials development capabilities. Customers such as MGM Brakes purchase conventional aluminum castings, Alto Products is currently being provided product manufactured with their ThermaLite metal matrix composite material.
THRR is currently working with their Detroit based sales team to provide product to the automotive industry, engineered materials offer light weight high strength and wear resistant materials to meet the demands of the auto industry in the 21st century.
THRR is also working on various applications for metal matrix alloys in electronics and lighting industry needing highly thermal conductive materials. Development of alloys for specific market needs allows the company to compete on the global market with limited competition.
Facilities The Hanford Foundry is housed in an 18,000 square foot manufacturing park.
The facility currently houses the foundry and associated finishing equipment, tool storage facilities, a small maintenance department, quality assurance department with surface plates, hand measuring equipment, file storage and offices for engineering and production control.
THRR is currently upgrading lighting, removing some offices in the production area to allow more production expansion area and they are adding reception and office space at the main entrance to the facility. The building has been undergoing a complete remodeling by the owner with new paint and parking areas being resurfaced.
Equipment Company equipment consists of tilt machines for perm mold casting, five melt furnaces all gas fired, low volume heat treat capability, grinders, sanders and band saw for finishing as well as limited sand casting capability for prototype use. All of their alloy is degassed via our Dynarad auto degassing unit using nitrogen. All batches or melts are 100% tested for out-gassing and spectrographic samples are taken and inventoried for analysis by their outside test lab located in Fresno, California 30 minutes from
THRR`s facility.
THRR also has the equipment necessary to produce metal matrix composite alloy on site. The equipment is setup in the Composite Manufacturing Department with a dedicated 1,000 pound furnace and a proprietary piece of equipment; the fluid bed injection system wets the ceramic while injecting it into the molten alloy under controlled conditions.
Location Thresher Industries is headquartered in Hanford, California, midway between Los Angeles and the Bay Area in the heart of the vibrant San Joaquin Valley. With its eighteen thousand square foot manufacturing facility located in the middle of the Kings County Enterprise Zone, the company enjoys the advantages of a moderate climate, excellent local government support, and programs designed to enhance Kings County s business environment.
Specifically, Thresher Industries is located within a state enterprise zone, a recycling market development zone, a foreign trade zone, and an SBA HUB Zone for contract preferences. Charged with assisting businesses are the Kings County Economic Development Corporation and the Kings County One-Stop Job Center whose staffs are both responsive and knowledgeable.
These organizations assist with all aspects of business growth, incentive zone utilization, and employee recruitment, screening, placement and training. In addition to these programs, Kings County is served by two outstanding community colleges, West Hills College and College of the Sequoias, which provide contract and for-credit vocational training to local business employees.
Materials Direct Metal Induction Cast Process is a proprietary method of producing a high strength cast aluminum component. When used with our Nautilus Core Process we can provide a casting that is engineered by the customer, limited to the engineer`s imagination not the restrictions imposed by conventional casting technology. Thresher Industries allows the engineer to design a lightweight, high strength cost effective component or assembly without limits.
Case Study:
A three piece welded aluminum microwave housing manufactured using welded components. Critical alignment was compromised during the welding process resulting in high scrap rates and customer dissatisfaction. This assembly was costly and caused customer delivery issues. Redesigned as a one piece cast aluminum housing using the
DMIC Process and our Nautilus Core reduced initial cost by 80% and scrap related issues by 100%.
Automotive applications:
Waterpumps Torque boxes for unit body vehicles, reduced weight/cost Engine cradles, reduced NVH, weight and cost
FEAD brackets, reduced NVH, weight and cost Diesel engine components, reduced NVH and weight Instrument panel sub-frames, reduced weight, NVH and cost compared to magnesium Suspension components, reduced weight, increased strength Other Recent
THRR News:
March 4- Thresher Industries Receives Order for Next Generation LED Lighting Component Thresher Industries (Pink Sheets:
THRR) announced today that it has received its first order of 2010 from an S&P 500 conglomerate for its recently launched, next generation LED energy-efficient lighting component.
The custom designed, 7" inch aluminum die cast offers superior heat dissipation and at a faster rate than the use of conventional die cast technology and processes.
>"The heat sink we created is so unique that our customer`s finished product received a distinguished industry award. We share in our customer`s success, and continue to expand our relationship into 2010 with this order," said Tom Flessner, president and CEO of Thresher Industries. "This component demonstrates our ability to help solve the previously unthinkable. We hope to replicate this model to serve a number of other large, global firms that are seeking the advantages of our heat sinks in the rapidly-emerging, `green` products sector." 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.
Thresher Industries Inc.
13400 Hanford-Armona Rd.
Hanford, CA 93230 Phone: 559.585.3400 Fax: 559.585.3404 Website:
www.thresherindustries.com OTCPicks.com is located at 3533 Twin Lakes Drive, Prosper, TX 75078, Telephone: (972) 546-3740, Email: Publisher@OTCPicks.com.
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