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TechPrecision ( (TPCS) ) has provided an announcement.
TechPrecision Corporation announced the extension of the maturity date for its Revolver Loan with Berkshire Bank from January 15, 2025, to April 30, 2025, reflecting continued financial collaboration. Additionally, the company held its annual meeting resulting in the election of three new directors, with General Victor E. Renuart Jr. appointed as Chair and Robert D. Straus as Vice-Chair, indicating a strategic realignment in its leadership structure.
More about TechPrecision
TechPrecision Corporation, through its subsidiaries Ranor, Inc. and Stadco, operates in the defense sector, offering precision manufacturing services. Ranor, located in Massachusetts, specializes in high-precision heavy fabrication and machining, servicing primarily the US defense industry. Stadco, based in Los Angeles, manufactures mission-critical components for military aircraft and space programs, also focusing heavily on defense clients.
YTD Price Performance: -26.25%
Average Trading Volume: 25,724
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $36.74M
See more data about TPCS stock on TipRanks’ Stock Analysis page.