T.J.T., Inc. (the Company), (Pink Sheets:AXLE)– Announces the
resignation of Terrence J. Sheldon from its Board of Directors effective
December 15, 2011. There are no immediate plans for a replacement.
Established in 1977, T.J.T., Inc. is a major provider of recycled axles
and tires to the manufactured housing industry. It operates recycling
facilities in Idaho, and California and serves 14 western states. In
addition to the recycling business, T.J.T. also sells aftermarket
products to manufactured housing, recreational vehicle, and residential
markets.
This release contains certain forward-looking statements, which are
based on management’s current expectations including, but not limited
to, general economic conditions, changes in interest rates, deposit
flows, real estate values, competition, and changes in legislation or
regulations, and other economic, competitive, governmental, regulatory,
and technological factors affecting the Company’s operations, pricing,
products, and services. Any forward looking statement speaks only as of
the date on which the statement is made, and the Company undertakes no
obligation to update any forward looking statement.
