WESTMINSTER, MA / ACCESS Newswire / January 17, 2025 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), today announced that John A. Moore resigned as a member of the board of directors (the "Board") of the Company, effective on January 13, 2025 to focus on his other responsibilities. The Board has decided not to fill the vacancy created by Mr. Moore's resignation at this time. As a result of Mr. Moore's resignation, the composition of the committees of the Board has changed as follows:Audit Committee: Walter M. Schenker (Chair), Andrew A. Levy and General Victor E. Renuart Jr.Compensation Committee: Andrew A. Levy (Chair) and Robert D. StrausAbout TechPrecision Co
WESTMINSTER, MA / ACCESS Newswire / January 17, 2025 / Today, TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "we," "us" or "our") announced it plans to release financial results for its 2025 fiscal second quarter on Tuesday, January 21, 2025 after market close.The Company will hold a conference call at 4:30 p.m. Eastern (U.S.) time on Tuesday, January 21, 2025. To participate in the live conference call, please dial 1-888-506-0062 five to 10 minutes prior to the scheduled conference call time. International callers should dial 1-973-528-0011. When prompted, reference TechPrecision and enter code 801510.A replay will be available until February 4, 2025. To access the replay, dial
WESTMINSTER, MA / ACCESSWIRE / December 26, 2024 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), today announced that following the results of the Company's 2024 Annual Meeting, three new directors were elected to the Board of Directors (the "Board") of the Company by its stockholders: John A. Moore, General Victor E. Renuart Jr. and Robert D. Straus. The Board appointed by unanimous vote General Victor E. Renuart Jr. to serve as Chair of the Board and Robert D. Straus as Vice-Chair of the Board.The composition of committees of the Board is as follows:Audit Committee: Walter M. Schenker (Chair), Andrew A. Levy and John A. MooreCompensation Committee: John A. Moo
ISS Strongly Validates Wynnefield Group's Case for Change by Recommending Stockholders Vote For General (Ret.) Gene Renuart and Robert Straus in Order To Provide Urgently Needed Independent Oversight on TechPrecision's Board ISS Says "the Need for Board Change Is Self-Evident" and that Nominees General (Ret.) Renuart and Straus are "Well Positioned to Drive the Necessary Changes" ISS is Highly Critical of the Board's "Trust Us" Approach in Opaque Roll Out of the Failed Votaw Transaction that Resulted in Significant Dilution to Stockholders NEW YORK, Dec. 9, 2024 /PRNewswire/ -- Wynnefield Partners Small Cap Value, L.P. I and its affiliates ("Wynnefield"), and Robert D. Straus (together, wit
Wynnefield Group also Releases Detailed Investor Presentation that Has Been Posted to www.RebuildTPCSCredibility.com Urges ALL TechPrecision Stockholders to Take Immediate Action by Voting Each and Every BLUE Proxy Card and BLUE Voting Instruction Form You Will Receive NEW YORK, Nov. 25, 2024 /PRNewswire/ -- Wynnefield Partners Small Cap Value, L.P. I and its affiliates ("Wynnefield"), and Robert D. Straus (together, with Wynnefield, the "Wynnefield Group"), who collectively own more shares of TechPrecision Corporation (the "Company" and/or "TechPrecision") (NASDAQ:TPCS) than any other common stockholder, collectively owning approximately 7% of the Company's outstanding common stock accordin
WESTMINSTER, MA / ACCESSWIRE / November 22, 2024 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), today announced it received a notice (the "Notice") on November 21, 2024 from the Listing Qualifications Department of The Nasdaq Stock Market ("Nasdaq") notifying the Company that it is not in compliance with Nasdaq Listing Rule 5250(c)(1) (the "Rule") because it had not timely filed its Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2024 (the "Form 10-Q") with the Securities and Exchange Commission (the "SEC").NASDAQ NOTICE AND FINANCIAL REPORTING ISSUESThe Notice indicated that the Company has until January 21, 2025, to submit a plan to r
Revenue increased 8% year-over-year, Customer confidence remains highManagement to host conference call at 4:30 p.m. ET on Thursday, November 14 WESTMINSTER, MA / ACCESSWIRE / November 12, 2024 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), a custom manufacturer of precision, large-scale fabrication components and precision, large-scale machined metal structural components. The components that we manufacture are customer designed. We sell to customers in two main industry sections: defense and precision industrial markets, today reported financial results for the first quarter ended June 30, 2024.We will have a conference call on Thursday November 14, 2024 at 4
WESTMINSTER, MA / ACCESSWIRE / October 14, 2024 - Today, TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "we," "us" or "our") announces the following.2024 Annual MeetingThe Company will hold its 2024 Annual Meeting of Stockholders on Thursday December 19, 2024, at 10:00 a.m. Eastern. The meeting will be held virtually. The Board of Directors set the meeting date based on time requirements to allow for the mailing and dissemination of its proxy materials following the record date. Based upon SEC requirements for a broker search, the record date has been set by the Board as November 4, 2024, which determines which stockholders are entitled to notice of and to vote at the 2024 Annua
WESTMINSTER, MA / ACCESSWIRE / September 23, 2024 / Today, TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "we," "us" or "our") announced that it has appointed a new Chief Financial Officer (CFO).TechPrecision is proud to announce that on September 19, 2024, it entered into an employment agreement with Richard D. Roomberg, CPA, CMA, to become its CFO effective September 20, 2024. Management and the Board would like to thank Barbara Lilley for her hard work during this very difficult last year and note that with Mr. Roomberg's appointment, she has stepped down as CFO to become Controller.Mr. Roomberg has a Bachelor of Science degree in Accounting from Pennsylvania State University
Backlog increased to $50 million, Customer confidence remains high WESTMINSTER, MA / ACCESSWIRE / September 16, 2024 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today reported financial results for the fourth quarter and fiscal year ended March 31, 2024.Due to restrictions as to what we can speak about while the Q1FY25 financials are pending, we will not hold a press conference until those are filed. We do not have a set date, but now that FY24 10K has been filed, we are focusin
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WESTMINSTER, MA / ACCESS Newswire / January 17, 2025 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), today announced that John A. Moore resigned as a member of the board of directors (the "Board") of the Company, effective on January 13, 2025 to focus on his other responsibilities. The Board has decided not to fill the vacancy created by Mr. Moore's resignation at this time. As a result of Mr. Moore's resignation, the composition of the committees of the Board has changed as follows:Audit Committee: Walter M. Schenker (Chair), Andrew A. Levy and General Victor E. Renuart Jr.Compensation Committee: Andrew A. Levy (Chair) and Robert D. StrausAbout TechPrecision Co
WESTMINSTER, MA / ACCESSWIRE / December 26, 2024 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), today announced that following the results of the Company's 2024 Annual Meeting, three new directors were elected to the Board of Directors (the "Board") of the Company by its stockholders: John A. Moore, General Victor E. Renuart Jr. and Robert D. Straus. The Board appointed by unanimous vote General Victor E. Renuart Jr. to serve as Chair of the Board and Robert D. Straus as Vice-Chair of the Board.The composition of committees of the Board is as follows:Audit Committee: Walter M. Schenker (Chair), Andrew A. Levy and John A. MooreCompensation Committee: John A. Moo
WESTMINSTER, MA / ACCESSWIRE / October 14, 2024 - Today, TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "we," "us" or "our") announces the following.2024 Annual MeetingThe Company will hold its 2024 Annual Meeting of Stockholders on Thursday December 19, 2024, at 10:00 a.m. Eastern. The meeting will be held virtually. The Board of Directors set the meeting date based on time requirements to allow for the mailing and dissemination of its proxy materials following the record date. Based upon SEC requirements for a broker search, the record date has been set by the Board as November 4, 2024, which determines which stockholders are entitled to notice of and to vote at the 2024 Annua
WESTMINSTER, MA / ACCESSWIRE / September 23, 2024 / Today, TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "we," "us" or "our") announced that it has appointed a new Chief Financial Officer (CFO).TechPrecision is proud to announce that on September 19, 2024, it entered into an employment agreement with Richard D. Roomberg, CPA, CMA, to become its CFO effective September 20, 2024. Management and the Board would like to thank Barbara Lilley for her hard work during this very difficult last year and note that with Mr. Roomberg's appointment, she has stepped down as CFO to become Controller.Mr. Roomberg has a Bachelor of Science degree in Accounting from Pennsylvania State University
WESTMINSTER, MA / ACCESSWIRE / May 31, 2023 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today announced that Thomas Sammons, Chief Financial Officer, has notified the Company that he will retire effective on or about July 14, 2023. Mr. Sammons joined the Company in March 2015 as Vice President, Finance, of the Company's wholly owned subsidiary, Ranor, Inc., and was appointed Chief Financial Officer of the Company effective on October 23, 2015. Mr. Sammons will continue to consul
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WESTMINSTER, MA / ACCESS Newswire / January 17, 2025 / Today, TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "we," "us" or "our") announced it plans to release financial results for its 2025 fiscal second quarter on Tuesday, January 21, 2025 after market close.The Company will hold a conference call at 4:30 p.m. Eastern (U.S.) time on Tuesday, January 21, 2025. To participate in the live conference call, please dial 1-888-506-0062 five to 10 minutes prior to the scheduled conference call time. International callers should dial 1-973-528-0011. When prompted, reference TechPrecision and enter code 801510.A replay will be available until February 4, 2025. To access the replay, dial
Revenue increased 8% year-over-year, Customer confidence remains highManagement to host conference call at 4:30 p.m. ET on Thursday, November 14 WESTMINSTER, MA / ACCESSWIRE / November 12, 2024 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), a custom manufacturer of precision, large-scale fabrication components and precision, large-scale machined metal structural components. The components that we manufacture are customer designed. We sell to customers in two main industry sections: defense and precision industrial markets, today reported financial results for the first quarter ended June 30, 2024.We will have a conference call on Thursday November 14, 2024 at 4
WESTMINSTER, MA / ACCESSWIRE / February 28, 2024 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today announced it will release financial results for its 2024 fiscal third quarter on Thursday, February 29, 2024.The Company will hold a conference call at 4:30 p.m. Eastern (U.S.) time on Thursday, February 29, 2024. To participate in the live conference call, please dial 1-888-506-0062 five to 10 minutes prior to the scheduled conference call time. International callers should dial 1
Three Year Consolidated ForecastVotaw November and December 2023 Unaudited Summary FinancialsStatus of Filing Fiscal Year 2024 Q3 10-QWESTMINSTER, MA / ACCESSWIRE / February 22, 2024 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company," "we," "us" or "our") today provided additional financial information in connection with the company's pending acquisition of Votaw Precision Technologies, Inc. ("Votaw") and the filing of its FY24 Q3 financial results on Form 10-Q.In accord with its previous statements that the information the Company provides to shareholders may change as certain stages in the planned acquisition of Votaw are reached, the Company is releasing pro forma
NEW YORK, Jan. 19, 2024 /PRNewswire/ -- Wynnefield Capital and its affiliates, collectively the largest institutional stockholder of TechPrecision Corporation (NASDAQ:TPCS), with a 4.5% beneficial ownership interest, today issued the following public letter to the Company's Board of Directors. *** January 19, 2024 Wynnefield Capital Demands TechPrecision's Board to Commit That Stockholders Will Vote on the Votaw Transaction Dear Board of Directors, Wynnefield Capital and its affiliates (collectively, "Wynnefield") own 393,857 shares of common stock, or 4.5%, of TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or the "Company") as of December 31, 2023. Wynnefield is TechPrecision's la
NEW YORK, Dec. 19, 2023 /PRNewswire/ -- Wynnefield Capital and its affiliates, collectively the largest institutional stockholder of TechPrecision Corporation (NASDAQ:TPCS) with a 4.5% beneficial ownership interest, today issued the following public letter to the Company's Board of Directors. *** Wynnefield Capital Concerned TechPrecision is Ignoring its Duty to Stockholders by Failing to Explain Proposed Acquisition of Votaw Precision Technologies. Dear Board of Directors, Wynnefield Capital and its affiliates (collectively, "Wynnefield") own 393,857 shares of common stock, or 4.5%, of TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or the "Company") as of September 30, 2023. Wynn
NEW YORK, Dec. 7, 2023 /PRNewswire/ -- Wynnefield Capital and its affiliates, collectively the largest institutional stockholder of TechPrecision Corporation (NASDAQ:TPCS), with a 4.5% beneficial ownership interest, today issued the following public letter to the Company's Board of Directors. *** Wynnefield Capital: Demands TechPrecision Hold Public Conference Call to Explain Proposed Acquisition of Votaw Precision Technologies to Stockholders. Dear Board of Directors, Wynnefield Capital and its affiliates (collectively, "Wynnefield") own 393,857 shares of common stock, or 4.5%, of TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or the "Company") as of September 30, 2023. Wynnefiel
WESTMINSTER, MA / ACCESSWIRE / November 14, 2023 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today announced it will release financial results for its 2024 fiscal second quarter on Monday, November 20, 2023.The Company will hold a conference call at 4:30 p.m. Eastern (U.S.) time on Monday, November 20, 2023. To participate in the live conference call, please dial 1-888-506-0062 five to 10 minutes prior to the scheduled conference call time. International callers should dial 1-97
WESTMINSTER, MA / ACCESSWIRE / August 14, 2023 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today announced it will release financial results for its 2024 fiscal first quarter on Monday, August 21, 2023.The Company will hold a conference call at 4:30 p.m. Eastern (U.S.) time on Monday, August 21, 2023. To participate in the live conference call, please dial 1-888-506-0062 five to 10 minutes prior to the scheduled conference call time. International callers should dial 1-973-528-0
WESTMINSTER, MA / ACCESSWIRE / June 12, 2023 / TechPrecision Corporation (NASDAQ:TPCS) ("TechPrecision" or "the Company"), an industry-leading manufacturer of precision, large-scale fabricated and machined metal components and tested systems with customers in the defense and precision industrial sectors, today announced it will release financial results for its 2023 fiscal fourth quarter and year end on Thursday, June 15, 2023.The Company will hold a conference call at 4:30 p.m. Eastern (U.S.) time on Thursday, June 15, 2023. To participate in the live conference call, please dial 1-888-506-0062 five to 10 minutes prior to the scheduled conference call time. International callers should dial