TechPrecision Corporation's Ranor, Inc. Subsidiary Receives ISO 9001:2008 Certification
WESTMINSTER, Mass., Nov. 9, 2010 /PRNewswire/ -- TechPrecision Corporation (OTC Bulletin Board: TPCS) ("TechPrecision", or "the Company"), a leading manufacturer of large-scale, high-precision machined metal fabrications with customers in the alternative energy, medical, nuclear, defense, aerospace and other commercial industries, today announced that its Ranor, Inc. subsidiary has received certification that it operates a Quality Management System that complies with the requirements of ISO 9001:2008 for the fabrication, welding and machining of precision components and equipment. This certification indicates that Ranor adheres to international standards of operation.
"Ranor has always had a reputation in the industry for excellence in large scale, precision manufacturing, fabrication and assembly; it is one of our competitive differentiators," stated James Molinaro, CEO of TechPrecision Corporation. "We are one of a few end-to-end solution providers with the ability to engineer requisite tooling and the entire manufacturing process for each respective production program for large scale projects with tight tolerance levels. The standards we have always set for ourselves have now been formalized and certified by an ISO certification body and demonstrate our commitment to quality throughout our manufacturing process. We are pleased with the certification and know that current and potential customers will appreciate that we have achieved this milestone as well."
ISO 9000 is a family of standards for quality management systems that is maintained by ISO, the International Organization for Standardization, and is administered by accreditation and certification bodies. A company or organization that has been independently audited and certified to be in conformance with ISO 9001 may publicly state that it is "ISO 9001 certified" or "ISO 9001 registered." Certification to an ISO 9001 standard certifies that formalized business processes are being applied. Although the standards originated in manufacturing, they are now employed across several types of organizations.
About TechPrecision Corporation
TechPrecision Corporation, through its wholly-owned subsidiary Ranor, Inc., manufactures metal fabricated and machined precision components and equipment. These products are used in a variety of markets including: alternative energy, medical, nuclear, defense, industrial, and aerospace to name a few. TechPrecision's goal is to be an end-to-end 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. Information on the Company's website or any other website does not constitute a part of this press release.
Safe Harbor Statement
This release contains certain "forward-looking statements" relating to the business of the Company and its subsidiary companies. These forward looking statements are often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions. Such forward looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including the Company's ability to generate business from long-term contracts rather than individual purchase orders, its dependence upon a limited number of customers, its ability to successfully bid on projects, and other risks discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (www.sec.gov). All forward-looking statements attributable to the Company or to persons acting on its behalf are expressly qualified in their entirety by these factors other than as required under the securities laws. The Company does not assume a duty to update these forward-looking statements.
Company Contact: |
Investor Relations Contact: |
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Mr. Richard F. Fitzgerald |
Hayden IR |
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Chief Financial Officer |
Brett Maas |
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TechPrecision Corporation |
Phone: 646-536-7331 |
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Tel: 1-610-246-2116 |
Email: [email protected] |
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Email: [email protected] |
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SOURCE TechPrecision Corporation
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