Thresher Industries Inc. THRR Archives

MondayMay 18, 2009 6:34 am

Thresher Industries, Inc. (THRR.PK) Completes Order from U.S. Defense Contractor

Thresher Industries, Inc., a manufacturer focused on precision recycled aluminum and advanced metal matrix composite parts, announced that it has shipped an order for cast aluminum parts as requested by Onodi Tool & Engineering Company, a privately-held manufacturer and assembler serving the United States Government and Tier One combat vehicle manufacturers since the early 1970's. Tom Flessner, CEO and President of Thresher Industries, stated, "We shipped our first Onodi Tool & Engineering order in late 2004 and they have been a customer since our inception. We have seen a steady increase in quote activity from Onodi. We are thrilled to…

WednesdayMay 13, 2009 5:59 am

Thresher Industries, Inc. (THRR.PK) Positions Itself for Rapid Revenue Growth

Thresher Industries, Inc. was pleased to announce today that it is actively pursuing numerous bids that could result in millions of dollars in revenues over the next several years. Through its global sales representative Advanced Technology Sales Associates, Thresher Industries has been negotiating with a variety of companies to provide alloy castings across several vertical markets for Thresher's high pressure casting group. The company’s quotes for manufactured automotive parts as well as research and development could generate between $150,000 and $300,000 in revenues for 2009 and $500,000 to $750,000 in 2010. Once full production begins to fill orders generated from…

MondayMay 11, 2009 10:47 am

Thresher Industries, Inc. (THRR.PK) Matches Cutting Edge Technology with Cutting Edge Management

Thresher Industries, an advanced technology aluminum castings company out of Hanford, California, is a good example of the old business truism: People Are The Company. In an intensely competitive industry, during critical economic times, Thresher has never lost sight of the basics represented in its stated mission to provide every customer, big or small, with innovative and quality solutions at fair prices. They continue to grow their business by developing cutting edge technologies and materials, including their own proprietary Direct Metal Induction Cast Process and their Nautilus Core Process, all of which results in more flexible, cost effective, and environmentally…

ThursdayMay 07, 2009 6:16 am

QualityStocks Features Thresher Industries, Inc. (THRR.PK) CEO in Exclusive Interview

QualityStocks' audio interview with Thresher Industries, Inc. CEO Tom Flessner is now available. The complete interview can be heard at http://www.qualitystocks.net/videocharts.php?chartvid_id=321. During the 15 minute interview, Mr. Flessner provides an overview of the company, its target market, competitive advantages, “green” initiatives, and commentary on the recent positive coverage received from Grass-Roots-Research. He also explained how the recently introduced Nautilus Core System benefits the company’s customers. Thresher Industries, Inc. is also growing in this troubled economy while others are slowing their production. Mr. Flessner explains, “In Central California, the unemployment rate is horrific. We’re creating jobs here.” Mr. Flessner continues, “We’re…

TuesdayMay 05, 2009 9:20 am

Thresher Industries, Inc. (THRR.PK) Solution to Help Alleviate U.S. Automotive Crisis

Thresher Industries, Inc., a manufacturer of precision recycled aluminum and advanced metal matrix composite parts, announced this afternoon that it is developing a broad array of high-strength, cast aluminum components designed to help build cleaner, energy efficient vehicles. Thresher's proprietary, biodegradable processes have already been successfully used in products for Chevrolet, Chrysler, and Ford. The company told investors that new and developing applications include, but are not limited to: torque boxes for unit body vehicles; engine cradles; feed brackets, diesel engine components, instrument panel sub-frames, and suspension components. Tom Flessner, President and CEO of Thresher Industries, stated, "Thresher Industries' 100%…

MondayMay 04, 2009 5:53 am

Thresher Industries, Inc. (THRR.PK) Begins Development of Renewable, Low-Carbon Heat Sinks for LED Lighting Industry

Thresher Industries, Inc., a California-based manufacturer of precision aluminum and advanced metal matrix composite parts, announced this morning that it is developing a low-carbon footprint, highly thermal conductive die cast aluminum composite (a type of heat sink). Initially, the company will target the LED lighting industry. According to the U.S. Department of Energy, white high powered LEDs can emit 150-200 lumens per watt, twice the efficacy of current fluorescent technologies and approximately 10 times that of traditional incandescent lighting. Industry experts believe LEDs will become the standard of lighting within the next several years because of their high energy efficiency…

FridayMay 01, 2009 11:16 am

Thresher Industries Inc. (THRR.PK) Up 20% on Record Volume!

Thresher Industries Inc. (THRR.PK) is currently trading at $0.012, up 20% from yesterday's close. Earlier this afternoon the stock traded as high as $0.0135. More than 1.8 million shares have been traded today, which is substantially higher than the stock's average daily volume of 694,700. Let us hear your thoughts: Thresher Industries, Inc. Message Board

WednesdayApr 29, 2009 5:47 am

Thresher Industries, Inc.’s (THRR.PK) Latest Innovation Reshapes Future of ‘Green’ Casting

Thresher Industries, Inc., a California-based manufacturer of precision recycled aluminum and advanced metal matrix composite parts, was pleased to announce today its latest innovation in eco-friendly casting, the Nautilus Core System. This system is a proprietary bio-degradable manufacturing process of producing cores for use in aluminum and magnesium casting. The Nautilus Core System can be used to generate internal and runner shapes as well as passages in practically any metal casting, including high-pressure casting and permanent mold casting as well as plastic parts. Tom Flessner, President and CEO of Thresher Industries, stated, “The Nautilus Core is an excellent tool that…

TuesdayApr 28, 2009 12:22 pm

Thresher Industries Inc. (THRR.PK) Finalizes Acquisition of Die Casting Machines

Thresher Industries Inc. manufactures precision recycled aluminum and advanced metal matrix composite parts, obtaining, sourcing and processing all of its raw materials from and in the United States. As part of the company’s stated commitment to provide earth friendly manufacturing to a number of industries, Thresher caters to agriculture, aerospace, defense, transportation and automotive companies in the United States and Europe. The company yesterday announced the completion of its acquisition of two Toshiba 350 ton and one hi-bred 650 ton high pressure die casting machine with a Wazniac high-performance shot end and necessary support equipment, including efficient high volume melt/hold…

TuesdayApr 28, 2009 5:45 am

Thresher Industries, Inc. (THRR.PK) Announces Release of Research Report Establishing $0.93 Price Target

Thresher Industries, Inc., a manufacturer of precision recycled aluminum and advanced metal matrix composite parts, announced today that a 16-page positive research report on the company has been published by one of the nation’s leading micro-cap research firms, Grass-Roots-Research. The report can be viewed on the research firm’s website at www.grass-roots-distribution.com The report stated, “We forecast significant top-line growth as the Company focuses on highly profitable markets nationwide and in Europe through its agreement with Advanced Technology Sales Associates. Revenues are projected to grow more than six times from 2008 to approximately $1.8 million in 2009. Thresher Industries, Inc. is…

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