Thresher Industries has proclaimed that as a consequence of recently signed mutual nondisclosure deals with a first tier automotive supplier based in Detroit, Michigan, strategic plans are in progress to create a hybrid metal matrix composite (MMC) utilizing Thresher’s proprietary ThermaLite technology.
MMCs are utilized in a number of automotive parts. The Chief Executive Officer of Thresher, Tom Flessner stated that automotive producers could manufacture pistons with the required attributes by altering the alloy materials as done in other applications.
Flessner continued that Thresher considers this collaboration as an important milestone as it has the capability to alter the materials and production methods utilized to manufacture pistons. Flessner added that Thresher will continue to provide updates about the strategic relationship as well as about other automotive manufacturers who have showed interest on its ThermaLite MMC technology.
Flessner further added that several automotive suppliers across the US have contacted the company. The company is happy to sign the deal with the Detroit automotive customer that has an annual revenue of more than $3 billion.