- New Process Reduces Material Costs by Up to 80% and is Carbon Neutral -
HANFORD, Calif., April 29 /PRNewswire-FirstCall/ -- Thresher Industries, Inc. (Pink Sheets: THRR - News), a California-based manufacturer of precision recycled aluminum and advanced metal matrix composite parts, is pleased to announce its latest innovation in eco-friendly casting, the Nautilus Core System ("Nautilus Core"). Developed by Thresher Industries, the Nautilus Core is a proprietary bio-degradable manufacturing process of producing cores for use in aluminum and magnesium casting. The system allows the core to be removed easily through high-pressure steam or water and can rest in areas not suitable for sand or foam core. The Nautilus Core can be used to generate internal and runner shapes as well as passages in virtually any metal casting, including high-pressure casting and permanent mold casting as well as plastic parts.
"The Nautilus Core is an excellent tool that helps us reduce material costs by as much as 80% and waste by 100%. We are continuing to develop and refine this process in order to provide greater customer satisfaction, attract a broader client base and enhance our revenues. Our innovative high strength metal matrix composites, when used with the Nautilus Core, offer engineers unique capabilities and unprecedented freedom in design," stated Tom Flessner, President and CEO of Thresher Industries.
Thresher Industries uses the direct metal induction cast process and high pressure die casting with the Nautilus Core to produce cast aluminum components that support a variety of industry needs. This process provides the customers with lightweight, high strength and cost-effective materials with limitless design possibilities. The Nautilus Core has been used to create parts for several major automotive companies, including intake manifolds and one-piece water pumps.
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-compliant 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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