T.J.T posts second quarter loss

qiangzi

Tuesday, May 1, 2012

/ _( P5 X, F2 mEagle, ID - T.J.T., Inc. a major supplier of axles, tires, and set-up supplies to the manufactured housing industry, announced a net loss of $286,000, or $.06 per diluted share, for the second quarter of fiscal year 2012. 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 ten western states. In addition to the recycling business, T.J.T., Inc. also sells aftermarket products to manufactured housing, recreational vehicle, and residential markets. Net sales decreased 24% in the three month period ending March 31, 2012 as compared to the same period a year ago. Net sales are down 13% for the six month period ending March 31, 2012 as compared to the same period in 2011.