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Sunday, March 28, 2010 7:13:12 PM
Tom Flessner, President and CEO of Thresher Industries Inc. "Our now proven ability to manufacture these advanced materials in a cost effective and consistent manner will make our company and product very desirable
http://www.prnewswire.com/news-releases/thresher-industries-newest-material-receives-high-marks-from-independent-testing-85194512.html
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.
http://pr-usa.net/index.php?option=com_content&task=view&id=332144&Itemid=95
Maybe the reason for the buyout has nothing to do with the old materials. The new material "Thermalite", more so the speed of manufacturing/cost is what the buyer is after! JMO
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