Get Articles Daily from StraightStocks - Enter Email Address


  • National Debt Clock


Thresher Industries Inc. (THRR.PK) is “One to Watch”

Source: http://Blog.QualityStocks.net/?p=14215
Posted on Thursday, January 8th, 2009 | In Small & Micro Cap
Contributed by: QualityStocks (http://QualityStocks.net) -

Headquartered in Hanford, California, Thresher Industries is a provider of aluminum and metal matrix composite alloy castings. The Company started as a perm-mold casting enterprise, but later expanded their manufacturing capabilities to include low pressure, high pressure, and Nautilus Core manufacturing. The Nautilus Core manufacturing is a unique method of producing cores for use in aluminum and magnesium casting. The core is easily removable through high-pressure steam or water, is biodegradable, and can be located in areas not viable for sand or foam core.

Thresher Industries offers full engineering, metallurgical, and sales support along with designs and prototype development. The Company prides themselves on offering rapid response to customer needs as well as regional customer support from their sales and engineering team members. Thresher Industries has manufacturing sites near their diverse markets. Along with their full engineering services, they have a group of fully audited outside service providers for x-ray, machining, painting, and more. In addition, their production department also provides finished castings.

In December, Thresher Industries announced that they plan to expand their business. This is through the purchase of high-pressure die casting technology. They agreed to purchase two Toshiba 350 ton and one hi-bred 650 ton high pressure die casting machine with a Wazniac high performance shot end and all support equipment including efficient high volume melt/hold furnaces. These will enable Thresher to offer conventional die-castings as well as metal matrix composite and high ductility aluminum in near net configurations. They forecast that this will generate an increase in annual revenue of approximately $15,000,000.

Today, the Company announced that they have established goals to expand their sales and marketing initiatives throughout the U.S. this year. They will seek sales representatives to promote their product, introduce their services to new clients across several vertical markets, and focus on long-term domestic growth for Thresher Industries.

Thresher signed an agreement last year with Advanced Technology Sales Associates to be their global sales representative. Advanced Technology will represent Thresher Industries in the automotive, aerospace, and electronics industries in the Eastern United States and Europe.

Let us hear your thoughts: Thresher Industries Inc. Message Board

Last 5 posts by QualityStocks





About QualityStocks (http://QualityStocks.net)

Our name, QualityStocks, emphasizes our commitment to connect subscribers with companies that have huge potential to succeed in the short and long-term future. We believe strong management and vision for the future are crucial for any company to be successful. Timing is everything and we help investors succeed by providing an objective, broad-based view of the SmallCap markets on a daily basis.

Please see disclaimer on QualityStocks website: http://disclaimer.qualitystocks.net

Leave a Reply

Name

Email (kept private)

Website









No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.