“Thresher Industries (Pink Sheets:THRR.pk - News) announced today that it has been supplying lighting components to Cooper Industries, Ltd., its previously referred to S&P 500 Conglomerate. These components are being used in a new product line of energy efficient LED light fixtures. "We are very proud to be working with Cooper Lighting, a subsidiary of Cooper Industries, on this program. The parts we supply are highly cosmetic, and function as a heat sink due to our advanced materials and high pressure casting process," said Tom Flessner, President / CEO of Thresher Industries. "Production orders were placed, and deliveries began in Q4 2009, with anticipated follow up orders to come soon to our high pressure casting Hanford facility."
“About Cooper Industries
Cooper Industries, Ltd. is a global manufacturer with 2008 revenues of $6.5 billion, approximately 88 percent of which are from electrical products. Founded in 1833, Cooper's sustained level of success is attributable to a constant focus on innovation, evolving business practices while maintaining the highest ethical standards, and meeting customer needs. The Company has eight operating divisions with leading market share positions and world-class products and brands. Cooper, which has manufacturing facilities in 23 countries as of 2008, is incorporated in Bermuda with administrative headquarters in Houston, TX. For more information, visit the web site at http://www.cooperindustries.com/
. Cooper Lighting, a subsidiary of Cooper Industries, is the leading provider of innovative, high quality lighting fixtures and related products to worldwide commercial, industrial, retail, residential and utility markets. For more information, visit http://www.cooperlighting.com/.”
Hey guys and for those of you that research just a little - look at what Wikipedia states about Cooper Industries. Cooper has a history of taking over other suppliers. http://en.wikipedia.org/wiki/Cooper_Indu
This February 25, 2010, news release and the fact about Cooper’s propensity to absorb other companies is most certainly missing the needed connection of the later news release that is associated with THRR’s sale as announced on March 12, 2010. But, I think Tom’s seed has been sown well before this point in time. Actually, this seed will bear financial fruit in no time at all. I will explain later.
4. Now the stage is set for the March 2010 press releases.
On March 1st THRR announces increased staff due to strong demand. Keep in mind that these opening ‘catch phrases’ are no accident.
“Thresher Industries, Inc. (Pink Sheets:THRR.pk - News), 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.