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Thresher Industries Inc (THRR) PDF Print E-mail
Tuesday, 23 February 2010 17:27

Thresher Industries, Inc. (Pink Sheets: THRR), a California-based manufacturer of precision aluminum and advanced metal matrix composite parts, announced today that it has delivered, to Cal Poly San Luis Obispo material sciences department, initial samples of its latest proprietary advanced metal matrix composite "ThermaLite" for inspection of dispersion of the ceramic in the base alloy. Testing includes electronic scanning microscopic evaluation to determine how well the particulates of ceramic are dispersed in the base aluminum as well as elongation, ductility and strength testing of the materials. Thresher Industries has been developing advancements in its manufacturing methods to increase both the speed of manufacturing these materials as well as to allow better grain structure for the alloy. Patent applications for these advancements require this systematic approach to material validation prior to the submission of the patent applications.

Tom Flessner, President and CEO remarked, "We are responding to customer demands for higher levels of material refinement, working with our equipment engineers and Cal Poly Material Sciences Department to validate our materials. The results of initial experiments run in our facility with the upgraded equipment have been very encouraging, as we have seen higher levels of reinforcement. Our customers will require higher volumes of material and to deliver those we need to have the equipment that can do that on a production basis. Prior to this, we have been able to produce up to 3,000 pounds of material per shift, this will triple that capability."

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.

 

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