T.J.T., Inc. Names Vice President, Area General Manager
12 May 1999
T.J.T., Inc. Names Vice President, Area General Manager
EMMETT, Idaho--May 12, 1999--T.J.T., Inc. (Nasdaq SmallCap:AXLE), a supplier of refurbished axles and tires to the manufactured housing industry, has named Robert M. Harrison as vice president and area general manager.Harrison will assume responsibility for T.J.T.'s operations in Arizona, California and Colorado. A 36-year veteran in the manufactured housing industry, he was general manager of Modular Structures in Boise, Idaho prior to joining the company. Harrison's background includes 24 years with Boise Cascade Corporation in its manufactured housing division where he served as general manager of manufacturing, general manager of special projects and region general manager.
"Bob Harrison brings to T.J.T. years of experience in management of multi-location manufacturing and sales organizations and the discipline to successfully integrate acquisitions," said Terrence Sheldon, president and chief executive officer. "We're pleased to have him as part of the management team".
Sheldon said that Harrison fills a new position created as a result of T.J.T.'s recent expansion. "In the past two years, we have acquired operations in California and Arizona and opened a recycling facility in Colorado," he explained. "There is opportunity for continued market expansion in the area served by these operations and the added management depth strengthens our ability to maximize that potential."
Established in 1977, T.J.T. is a major provider of recycled axles and inspected tires to the manufactured housing industry. It operates recycling facilities in Idaho, Washington, northern California, Oregon and Colorado and serves customers in 11 Western states. In addition to effectively recycling these serviceable steel and rubber products, the company also sells aftermarket accessories to the manufactured housing industry and vinyl siding to the housing industry. T.J.T. has 10 consecutive years of profitability while growing with the expanding manufactured housing industry. For its fiscal year ended September 30, 1998, the company had revenue of $34.1 million.
This release may contain certain forward-looking statements, which are based on management's current expectations. Factors that could cause future results to vary materially from these expectations include, but are not limited to, general economic conditions; changes in interest rates, deposit flows, real estate values and competition; changes in accounting principles, policies or guidelines; changes in legislation or regulation; and other economic, competitive, governmental, regulatory and technological factors affecting the company's operations, pricing, products and services.