UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report
December 9, 2015
.
ESPEY MFG & ELECTRONICS CORP.
(Exact name of registrant as specified in its charter)
New York (State or Other Jurisdiction of Incorporation) |
001-04383 (Commission File Number) |
14-1387171 (IRS Employer Identification No.) |
233 Ballston Avenue, Saratoga Springs, New York 12866 (Address of principal executive offices) |
(518) 584-4100 (Registrant’s telephone number, including area code) |
Not Applicable |
(Former name or former address, if changed since last report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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Item 8.01 | Other Events |
On December 9, 2015, Espey Mfg. & Electronics Corp. issued a press release reporting that the Company's backlog increase. A copy of the press release is furnished as Exhibit 99.1 to this report. The information in this report shall not be deemed to be filed for purposes of Section 18 of the Securities Exchange Act of 1934 (the Exchange Act), as amended, or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 | Financial Statements, Pro Forma Financial Information and Exhibits |
(c) Exhibits
Exhibit No. | Document |
99.1 | Press Release dated December 9, 2015 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: December 9, 2015 |
ESPEY MFG. & ELECTRONICS CORP.
| |
By: | /s/ David O’Neil | |
David O’Neil Treasurer and Principal Financial Officer |
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Espey Mfg. & Electronics Corp. reports increase in backlog
Saratoga Springs, NY, December 9, 2015 - Espey Mfg. & Electronics Corp. (NYSE MKT: ESP) reports that its current sales backlog is $43.3 million, as compared to $33.6 million reported as the sales backlog at September 30, 2015.
Mr. Patrick Enright, President and CEO, commented, “In announcing our quarterly financial results for the period ending September 30, 2015 we disclosed, but did not include in our backlog, a $10.1 million delivery order attributable to the recent award of a significant contract from the Federal government. The award to Espey had been protested to the United States Government Accountability Office by a competing bidder. I am pleased to report that the protest has been withdrawn. Accordingly, we are now able to include the $10.1 million in our current sales backlog.”
Espey's primary business is the development, design, and production of standard and specialized military and industrial power electronics, power supplies, transformers, and contract manufacturing. The Company's web site can be found on the Internet at www.espey.com.
For further information, contact Mr. David O'Neil or Mr. Patrick Enright at (518) 245-4400.
Certain statements in this press release are "forward-looking statements" and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent the Company's current expectations or beliefs concerning future events. The matters covered by these statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those set forth in the forward-looking statements. The Company wishes to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made.