SOURCE: Thresher Industries, Inc.

November 08, 2006 09:49 ET

Thresher Industries Ships Order to MGM Brakes

HANFORD, CA -- (MARKET WIRE) -- November 8, 2006 -- Thresher Industries (PINKSHEETS: THRI), manufacturer of aluminum and composite castings, has shipped a new order to MGM Brakes. This shipment of brake components was manufactured using the conventional aluminum casting process. Thresher provides castings for MGM under blanket orders accounting for a high percentage of Threshers casting business. MGM Brakes is a division of Indian Head Industries headquartered in Charlotte, North Carolina. MGM Brakes manufactures and distributes spring parking brakes and actuators for air-braked vehicles. MGM Brakes is a leading worldwide supplier to the commercial vehicle industry.

About Thresher Industries

Thresher Industries provides conventional cast aluminum as well as reinforced metal matrix composite aluminum alloy components for a variety of customers and applications. Thresher's ThermaLite and TerraLite alloys offer unique properties compared to conventional aluminum alloys such as increased wear resistance, unique thermal properties and greatly increased strength. Thresher also offers proprietary casting technologies including its Nautilus Core Technology, a bio-degradable recyclable process that is used to generate internal shapes and passages in castings without sand or binders normally used in casting operations.

Safe Harbor Statement

The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.

Contact Information