does it produce any hormone?
Yes, The thyroid gland secretes three hormones: the two thyroid hormones – triiodothyronine (T) and thyroxine (T) – and a peptide hormone, calcitonin.
Thyroid
d occasional parafollicular cells that surround a lumen containing colloid. The thyroid gland secretes three hormones: the two thyroid hormones – triiodothyronine (T) and thyroxine (T) – and a peptide hormone, calcitonin. 
ct is produced by which cells of the thyroid gland UNANSWERABLE where is the gland located? The thyroid is located at the front of the neck, below the Adam's apple.
wiki:19590174
Thyroid [SEP] Introduction
During migration, the thyroid remains connected to the tongue by a narrow canal, the thyroglossal duct. At the end of the fifth week the thyroglossal duct degenerates, and over the following two weeks the detached thyroid migrates to its final position. Thyroid disorders include hyperthyroidism, hypothyroidism, thyroid inflammation (thyroiditis), thyroid enlargement (goitre), thyroid nodules, and thyroid cancer. Hyperthyroidism is characterized by excessive secretion of thyroid hormones: the most common cause is the autoimmune disorder Graves' disease. Hypothyroidism is characterized by a deficient secretion of thyroid hormones: the most common cause is iodine deficiency. In iodine-deficient regions, hypothyroidism secondary to iodine deficiency is the leading cause of preventable intellectual disability in children.