T.J.T., Inc. Adds New Product to Serve Manufactured Housing Industry
6 September 1999
T.J.T., Inc. Adds New Product to Serve Manufactured Housing Industry
EMMETT, Idaho--Sept. 3, 1999--T.J.T., Inc. (Nasdaq SmallCap:AXLE), a recycler and supplier of refurbished axles and tires to the manufactured housing industry, is adding a new product to its distribution operation.As part of its strategy to broaden its business base, the company will distribute garages and storage sheds manufactured by TUFF SHED, Inc. throughout 11 Western states.
"This move is another step in our plan to become a full-service provider of materials for initial set up and on-going needs associated with manufactured homes," said Terrence Sheldon, president and chief executive officer of T.J.T. "We have been supplying the manufactured housing industry at both the factory and local dealer level for more than 22 years. Expanding our product offering to dealers, contractors and property owners leverages this business strength into additional sales potential."
Sheldon said that under the agreement, T.J.T. will offer attached and detached garages, as well as storage sheds, to new or established manufactured housing developments and parks.
"We're pleased to be aligned with TUFF SHED, the largest producer of storage buildings and garages in the West," he said. "Their products are top quality and address an additional market in the manufactured home industry."
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. 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.