Thuro Metal Products Revenue and Competitors

Thuro Metal Products, Inc. (TMP) was founded in January 1971 by Albert Thuro, a highly-skilled technician, educated in Germany, who then emigrated to the United States. Before founding TMP, Mr. Thuro held prestigious positions in the Machine-Tool Industry and also served a tour of duty in the U.S. Army. In 1993 David Thuro graduated from the University of Binghamton (N.Y.) with an Associate's degree in Business Administration and a Bachelor of Arts degree in Economics. He then joined TMP full-time as Plant Manager of the Brentwood facility. David actually "came up through the ranks", having gotten "hands on" experience in all phases of manufacturing during summers and school holidays. He assumed the Presidency of the Thuro-owned companies in 1999. During the 1970's and 1980's TMP became a leading supplier of precision hydraulic fittings and component parts used in military aircraft. In 1976, a 9,000 sq. ft. manufacturing facility was purchased in Amityville, New York. In 1978, Thuro was one of the first job shops in the industry to purchase a CNC controlled lathe, and subsequently, an increasing number of additional CNC lathes and milling machines, as well as many conventional multi and single spindle automatics and support equipment, were added to support growing customer demand. In 1982 the present facility, a 25,000 sq. ft. building located in Brentwood, New York, was built. In 1990 a major expansion was undertaken by the Thuro family, with the incorporation of NYTEX Automatic Products, a wholly-owned subsidiary of Thuro Metal Products, located in Fredericksburg, Texas. NYTEX is a state-of-the-art, high volume manufacturer of turned parts, utilizing multi-spindle precision screw machines. NYTEX customers include some of the largest companies in the oil field services industry. Beginning in the early 1990's, TMP transitioned its customer base from primarily military to 95% commercial. In 1995 Thuro became a Tier 1 supplier to the automotive industry, shipping millions of component parts directly to assembly lines in the U.S. and Mexico. In July of 1998, TMP added 27,500 square ft. of space to separately house it's screw machine and assembly departments. The original facility now serves as company headquarters and its manufacturing space has been renovated into a state-of-the-art precision machining facility, utilizing the latest technology in CNC turning and milling equipment. Long before the terms "Empowerment" and "Total Quality Management" became catch phrases, TMP's quality procedures were instituted with the concept that every operator is an operator/inspector. Through innovative gage design, and with a skilled tooling department to produce gages, complex parts can be accurately and quickly checked by the machine operators right at the machining center. The nurturing and growth that this concept fosters has been a key component of our success. Coupled with digital readout gauging that supports direct input using SPC software, TMP ensures that all products meet ISO9001:2000 and QS9000 world-class quality standards.