InvestorsHub Logo
Followers 554
Posts 44859
Boards Moderated 3
Alias Born 01/31/2010

Re: None

Wednesday, 04/07/2010 4:44:00 AM

Wednesday, April 07, 2010 4:44:00 AM

Post# of 35503
not sure of buyout price, but it doesn't take much to believe THRR is worth more than its current PPS.


Thresher Industries Announces Increased Staffing Due to Strong Demand
9:14a ET March 1, 2010 (PR NewsWire)
Thresher Industries, Inc. (Pink Sheets: THRR), a California-based manufacturer of precision aluminum and advanced metal matrix composite parts, announced today that it has had to increase the number of production employees for its high pressure casting division due to increasing demand for its unique cast parts. Thresher has also added to quality assurance staffing and its product finishing staff, due to increasing part orders and necessary throughput on its latest purchase orders, as well as increased purchase orders from its customers.

Tom Flessner, President / CEO added, "We're very pleased to see increasing orders and new customers, our entire staff and field sales support have worked tenaciously over the past 24 months. It is very gratifying to add employees here in Hanford. Working on further material development and research has obviously allowed us to penetrate new markets for Thresher's unique manufacturing niche."