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Re: Joestem post# 12069

Sunday, 03/21/2010 6:50:13 AM

Sunday, March 21, 2010 6:50:13 AM

Post# of 35503
Who's buying out Thresher?

Thursday, March 18, 2010
Who's buying out Thresher?
It's a possibility; it could be anyone. But let's put some things together here.

Check this newspaper article issued last night (March 17) from FresnoBee:
http://www.fresnobee.com/2010/03/17/1863110/sale-of-hanford-company-goes-forward.html

The CEO goes on to say that the buyer has been in contact with Thresher since last year... Now looking back at the PR's from last year this is what I found:
http://ih.advfn.com/p.php?pid=nmona&cb=1268887139&article=34743681&symbol=NO^THRR

Straight from Alto's homepage: http://www.altousa.com/default.htm
"Alto Products Corp. is the oldest and largest independently owned and operated clutch plate and automatic transmission parts manufacturer in the world. We manufacture the most complete line of friction and steel plates worldwide.

We specialize in the complete design and manufacturing of bonded friction materials, stamped steel separator reaction discs, brake bands, gears, standard clutch kits, and gasket & seal kits. Our capabilities include bonding, stamping, machining, engineering, in-house tooling, and design services. Over a billion Alto clutches have been installed in Automotive, High Performance, Heavy Duty On and Off-Highway, Marine and Motorcycle applications for over fifty years.

We're always updating our web page with new items. Visit us as often as you wish to keep informed of industry news." Now go here: http://altousajobs.com/index/app
Do we have NEW JOB OPPORTUNITIES expiring soon!?

I'm purely speculating on who the buyer is but if 'Alto' is buying out Thresher then all I can say is... "BASHER'S GET THE **** OUT!". My sentiment doesn't change whether or not Alto is the buyer; contrary to what others might think, I cant help but think a 'SQUEEZE' is coming!

Goodluck!

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Posted by ACE at 12:52 AM

http://acepicks.blogspot.com/