Exhibit 20  NEWS FROM TAYLOR DEVICES,
INC.SHAREHOLDER LETTER, SPRING 2007  THIS NEWSLETTER IS DIRECTED TO ALL
SHAREHOLDERS OF TAYLOR DEVICES.  WE HOPE THAT IT WILL GENERATE INTEREST IN
THE COMPANY, PLUS PROVIDE CURRENT FINANCIAL AND PROJECT INFORMATION. 
COPIES OF THIS NEWSLETTER WILL ALSO BE CIRCULATED TO SHAREHOLDERS WHO HAVE
SHARES IN BROKERAGE ACCOUNTS. ITEM:       FINANCIAL
RESULTS Taylor Devices completed the third
quarter of its fiscal year on February 28, 2007.  Comparative, unaudited,
financial results for the third quarter and nine month periods are as
follows: THIRD
      QUARTER
    F/Y
      06-07
    F/Y
      05-06SALES
    $4,604,636
    $4,114,446NET INCOME
    $238,171
    $78,541EARNINGS PER
      SHARE
    8¢
    3¢NINE
      MONTHS
    F/Y
      06-07
    F/Y
      05-06SALES
    $12,429,113
    $10,594,573NET INCOME
    $532,458
    $308,608EARNINGS PER
      SHARE
    17¢
    10¢SHARES
    OUTSTANDING
    3,144,221
    3,103,892 Taylor Devices' firm order backlog
continues to be strong at $12.4 million. Shipment levels continue to increase to
accommodate the current influx of orders.  Current activity in the U.S.
construction market remains steady, with offshore markets still
increasing.  Military and aerospace sales are increasing. ITEM:       NEW ORDERS Avari Hotel -- Islamabad, Pakistan This project involves the seismic upgrade of an existing 7-story four
quadrant reinforced concrete "shell" structure into a world-class luxury
hotel.  A total of more than 200 Taylor Seismic Dampers will be used in
both diagonal and chevron brace elements.  The project's owner, Avari
Hotels International, currently operates five luxury hotels, with this being
their fourth project in Pakistan.  Because of potential seismic hazards in
the Islamabad region, the owner has required that the upgraded structure be
capable of withstanding earthquakes roughly equivalent to those expected in
Sacramento, California.  To assure this, the company has retained the
services of a California-based engineering firm to perform the structural
analysis and design implementation of dampers within the structure.   The
value of the seismic dampers exceeds $1.2 million. Security Structure -- Undisclosed Site This unusual project is taking place outside the U.S.A. and has been highly
classified by the host country, although we can state that the country is a
long-time U.S. ally.  The project involves protecting a highly visible
public structure against potential terrorist attacks involving explosives, plus
wind and seismic inputs.  A total of 18 Taylor Dampers will be used, each
rated at up to 350 tons output force.  Because of the diverse field of
expected hazards, the dampers will utilize a special internal design.  This
will enable them to instantly select the output required for either seismic or
terrorist activity.  This is the first time a non-military user of the
Company's products has required dampers with the design attributes used for this
project. Whalley Reservoir -- Surrey, B.C. Canada This project is a seismic upgrade for the Greater Vancouver, B.C. Water
District Unit #1.  Hinged reservoir covers will utilize a total of 17
dampers, each rated at up to 225 tons of force for seismic protection. Minatoku Mita 3 Chome Building -- Tokyo, Japan This project is a new 13-story office building in the Minato-ku district of
Tokyo, noted for being the site for embassies of more than 45 nations. 
This district is also the home of the main offices of many multi-national
companies.  This new office building combines steel and reinforced concrete
construction and will use 32 Taylor Dampers, each rated at up to 180 tons of
force. Yuzui Yangtze Bridge -- Chongquing, China This new suspension bridge is being constructed over the Yangtze River as
part of the outer traffic hub for the city of Chongquing.  Nearly a mile in
length with 12 traffic lanes, the new bridge will carry vehicle traffic at more
than 60 mph.  A total of 4 large Taylor Dampers will be used for seismic
protection. Seattle Central Link Light Rail Extension -- Seattle,
  Washington Taylor Devices has previously provided numerous dampers for other sections of
this massive infrastructure improvement project.  This latest expansion of
the system is an extension to SEA-TAC International Airport and utilizes 6 large
Taylor Dampers, each rated at up to 300 tons of force. ITEM:       NEW FACILITIES
ADDED The Company's existing facilities have
been loaded to capacity with our existing backlog of seismic damper
orders.  Compounding the problem was the scheduled assembly and test of 8
massive 1,200 tons force dampers for the Sutong Bridge in China.  When
complete, the Sutong Bridge will be the longest span cable stay bridge in the
world.  Each of the dampers weighs nearly 10 tons and measures 3 feet in
diameter, with a length of 24 feet. To ease the strain on our facilities, the Company has added a new shipping
and packaging building at a leased facility located 4 miles from our present
operations.  The new shipping and packaging operations occupy 10,000 square
feet and are located in a high bay building serviced by overhead cranes with an
indoor truck loading dock.  The location is close to an interstate highway
such that trucks can enter or exit the highway and be within only 2-3 minutes
drive of the Company's shipping operations. ITEM:       MORE TESTS AT
MCEER During December, the remains of the
recently tested NEESWood wood house inside the MCEER lab at SUNY-Buffalo were
dismantled.  Immediately thereafter, testing began on a new way to utilize
Taylor Dampers in existing low-rise, low-strength concrete buildings. 
Concrete buildings of this type usually experience heavy damage during seismic
events.  In general, they are so stiff structurally that the concrete
begins failing before added dampers have time to absorb the earthquake's
energy.  MCEER's initial concept was to reduce building loads by cutting
the building columns at ground level.  This allowed the entire structure to
be disconnected from its foundation and actually lift off the ground -- rocking
and tipping in an attempt to attenuate the quake inputs.  Horizontal motion
was prevented by building "sockets" around the columns, but still allowing them
to freely slide up and down.  Because a real concrete structure without
dampers would be subjected to severe cracking, the tests used a 5-story steel
building frame that was stiffened such that it would behave like concrete, but
without the cracks.  Initial tests without dampers went poorly. 
Building motions were very violent, to the point of the test structure needing
tie-downs to prevent it from tipping over.  A second problem was
destructive impacts of the column ends into the foundation as the tipped
building went into a virtual "free fall" when the quake motions ended. 
Researchers tried various types of rubber and friction tie downs to reduce the
violent motions, but none worked.  Taylor Devices modified some of our
standard seismic dampers for this new application, with testing taking place
during February.  The special Taylor Dampers allowed the structure to move
very smoothly with no violent impacts.  Numerous historic earthquakes were
input to the test structure, yet the building model with dampers performed
perfectly with greatly reduced structural loads under all input motions. 
For the project's final test, an input of twice the 1994 Northridge California
quake was run.  This proved to be beyond the shaking capacity of the giant
shake tables at MCEER's SUNY-Buffalo Laboratory; triggering the safety shutdowns
and stopping the test machine.  In the end, we had to settle for 1.8 times
Northridge, an input that the damped structure easily accepted without damage of
any type.  Over the next year there will be several reports on these tests
published by the University's researchers, hopefully generating interest from
both the academic and structural engineering communities.  Like many of
MCEER's experiments at the edge of technology, it will probably be several years
before implementation takes place. By:
    /s/Douglas P.
      TaylorDouglas P.
      TaylorPresident