TechPrecision Corporation (OTC:TPCS), a manufacturer of large-scale, high-precision machined metal fabrications with customers in the alternative energy, medical, nuclear, defense, aerospace and other commercial industries, recently announced that James Molinaro, the Company's chief executive officer, will present at the ROTH 23rd Annual OC Growth Stock Conference at 8 a.m. (PT), on March 16, 2011, Track 5. As I write, shares of TechPrecision were flat at $1.55 per share on light volume of 32,000 shares. The company has a market cap of $23 million and a 52-week range between $0.70 and $1.95 per share.
The conference will be held March 13-16, 2011 at The Ritz Carlton, 1 Ritz Carlton Drive, Dana Point, Calif. TechPrecision management will be available during the day on March 16 for one-on-one meetings. Please contact your ROTH representative to schedule a meeting.
Mr. Molinaro will discuss the Company's recent contract wins, including a new tier-1 solar customer that has the potential to exceed the volume from TechPrecision's largest customer in 2-3 years. In addition, management will discuss its creation of a second growth platform with the launch of a wholly owned subsidiary in Wuxi, China to meet increasing demand for solar components in Asia, and China, in particular. Adding this China-based capability to the TechPrecision organization exploits synergies both in the U.S. and China to grow revenue. This is the culmination of its strategy to perform the sophisticated prototyping and initial manufacturing in the U.S. but to also provide manufacturing in lower-cost regions when customers require it.
Investors and other interested parties may access the live presentation at http://www.wsw.com/webcast/roth24/tpcs.ob/.
TechPrecision, through its wholly owned subsidiaries, Ranor, Inc., and Wuxi Critical Mechanical Components Co., Ltd., globally manufactures large-scale, metal fabricated and machined precision components and equipment. These products are used in a variety of markets including: alternative energy (Solar and Wind), medical, nuclear, defense, industrial, and aerospace to name a few. TechPrecision's goal is to be an end-to-end global service provider to its customers by furnishing customized and integrated "turn-key" solutions for completed products requiring custom fabrication and machining, assembly, inspection and testing.
To learn more about the Company, please visit the corporate website at http://www.techprecision.com.
No comments:
Post a Comment