-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, IT+7cEUSsp29gDC23x8cIZp9a93/tFdzjtdcewVdW5/7cQ2+Rbl80JmUGkvPmzbL /UAefax9oHAbmnAxo0pObQ== 0000897101-03-000312.txt : 20030422 0000897101-03-000312.hdr.sgml : 20030422 20030422150033 ACCESSION NUMBER: 0000897101-03-000312 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030409 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030422 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WOODHEAD INDUSTRIES INC CENTRAL INDEX KEY: 0000108215 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS, NEC [3679] IRS NUMBER: 361982580 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-05971 FILM NUMBER: 03658281 BUSINESS ADDRESS: STREET 1: THREE PKWY NORTH STREET 2: STE 550 CITY: DEERFIELD STATE: IL ZIP: 60015 BUSINESS PHONE: 8472369300 MAIL ADDRESS: STREET 1: THREE PWKY NORTH STREET 2: STE 550 CITY: DEERFIELD STATE: IL ZIP: 60015 FORMER COMPANY: FORMER CONFORMED NAME: WOODHEAD DANIEL CO DATE OF NAME CHANGE: 19710624 8-K 1 woodhead031886_8k.txt WOODHEAD INDUSTRIES, INC. FORM 8K ================================================================================ 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 APRIL 9, 2003 ------------------------------------------------ Date of Report (Date of earliest event reported) WOODHEAD INDUSTRIES, INC ------------------------------------------------------ (Exact name of registrant as specified in its charter) DELAWARE 0-5971 36-1982580 - ---------------- ------------------------ --------------- (State or other (Commission File Number) (I.R.S Employer Jurisdiction of Identification Incorporation) Number) 3 Parkway North, Suite 550, Deerfield, IL 60035 --------------------------------------------------------- (Address of principal executive offices) (Zip Code) 847-236-9300 ---------------------------------------------------- (Registrant's telephone number, including area code) ================================================================================ ITEM 5. OTHER EVENTS Registrant's press release dated April 9, 2003 relating to the future of Aero-Motive Company, a wholly owned subsidiary of the Registrant, is filed herewith as Exhibit 99.1 and is incorporated herein by reference. ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS. (c) Exhibits. Exhibit Number 99.1 Press release of Registrant dated April 9, 2003 SIGNATURE Under the requirements of Section 13 or 15(d) of the Securities and Exchange Act of 1934 this report was signed on behalf of the Registrant by the authorized person below. WOODHEAD INDUSTRIES, INC. Date: April 22, 2003 BY: /s/ Robert H. Fisher - ---------------------------------- Robert H. Fisher Vice President, Finance and C.F.O. (Principal Financial Officer) EX-99.1 3 woodhead031886_ex99-1.txt PRESS RELEASE EXHIBIT 99.1 WOODHEAD ANNOUNCES DECISION ON AERO-MOTIVE BUSINESS DEERFIELD, Ill.--(BUSINESS WIRE)--April 9, 2003--Woodhead Industries, Inc., (Nasdaq: WDHD) today announced that it has reached a decision on the future of Aero-Motive Company (AMCO), its wholly owned electrical subsidiary located in Kalamazoo, Michigan. As previously reported, the company continually reviews the strategic fit of its business units and product lines in order to maximize future growth and profitability. During its fiscal 2002 year-end conference call in November 2002, the company mentioned that it had initiated the investigation of options within the AMCO business unit. Philippe Lemaitre, Woodhead Industries' President and Chief Executive Officer, stated, "we have concluded that in addition to selling several of AMCO's small product lines that don't align strategically with our long-term goals, we will integrate the remaining manufacturing operations into our facilities in Juarez, Mexico. We believe that this action will strengthen our core Electrical business unit by expanding its product line and enabling cost synergies." The sale and integration process will take several months and it is estimated that the Kalamazoo facility will remain open until early in calendar 2004. Since the timing of any product line sales is not certain, the net P&L impact in any period is not known at this time. However, it is expected that over the span of the next eighteen months the impact will be neutral and thereafter, the impact will be accretive. The annual revenues of the product lines to be divested total approximately $10 million. More specific costs and savings associated with this decision will be discussed during the company's second quarter conference call on April 23, 2003 at 11:00 AM EDT. ABOUT WOODHEAD INDUSTRIES, INC. Woodhead Industries, Inc. develops, manufactures and markets electronic and industrial communications products, primarily serving the global automation and control market with connectivity solutions and specialty electrical products. Through its connectivity group, Woodhead provides the industrial automation industry with a single, worldwide source for industrial communications and connectivity solutions. Its product lines, comprised of six recognized industry-leading brands: SST(TM), Brad Harrison(R), mPm(TM), RJ Lnxx(R), applicom(R) and NetAlert(R) make Woodhead the premier supplier of application-specific connectivity solutions. For further information on Woodhead Industries contact: Robert Fisher, Vice President, Finance and CFO, (847)317-2400, e-mail: rfisher@woodhead.com (mailto: rfisher@woodhead.com), or (http://www.woodhead.com). -----END PRIVACY-ENHANCED MESSAGE-----