-----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, Ui2quazlLaKhnqUdZBDCM09Qgs5QM2zQfTP2556zh0YfQYSfwZvrgWaXaALoJEMG c07MWfCtCz6G98I+ypOYRA== 0001104659-06-069063.txt : 20061027 0001104659-06-069063.hdr.sgml : 20061027 20061027083655 ACCESSION NUMBER: 0001104659-06-069063 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060901 ITEM INFORMATION: Cost Associated with Exit or Disposal Activities FILED AS OF DATE: 20061027 DATE AS OF CHANGE: 20061027 FILER: COMPANY DATA: COMPANY CONFORMED NAME: OWENS ILLINOIS INC /DE/ CENTRAL INDEX KEY: 0000812074 STANDARD INDUSTRIAL CLASSIFICATION: GLASS CONTAINERS [3221] IRS NUMBER: 222781933 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-09576 FILM NUMBER: 061167277 BUSINESS ADDRESS: STREET 1: ONE SEAGATE CITY: TOLEDO STATE: OH ZIP: 43666 BUSINESS PHONE: 4192475000 MAIL ADDRESS: STREET 1: ONE SEAGATE CITY: TOLEDO STATE: OH ZIP: 43666 FORMER COMPANY: FORMER CONFORMED NAME: OWENS ILLINOIS HOLDINGS CORP DATE OF NAME CHANGE: 19870512 8-K/A 1 a06-22690_28ka.htm AMENDMENT TO FORM 8-K


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K/A

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported)    September 1, 2006

OWENS-ILLINOIS, INC.
(Exact name of registrant as specified in its charter)

Delaware

 

1-9576

 

22-2781933

(State or other jurisdiction

 

(Commission

 

(IRS Employer

of incorporation)

 

File Number)

 

Identification No.)

 

One Michael Owens Way

 

 

Perrysburg, Ohio

 

43551-2999

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code    (567) 336-5000

 

 

 

 

(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))

 

 

 

 

 

 



ITEM 2.05.

 

COSTS ASSOCIATED WITH EXIT OR DISPOSAL ACTIVITIES

 

 

 

 

 

On September 1, 2006, the Company announced its decision to close its Godfrey, Illinois, machine parts manufacturing operation. The Company’s press release announcing the closing was furnished as exhibit 99.1 to a Form 8-K filed on September 8, 2006.

 

 

 

 

 

Subsequent to filing the above Form 8-K, and in connection with finalizing its results of operations for the quarter ending September 30, 2006, the Company has estimated the total charge associated with the Godfrey closure to be $29.7 million consisting of $12.1 million for impairment of assets, $9.1 million for one-time employee separation benefits, and $8.5 million for insurance and other costs related to the closing. Approximately $11.5 million of the total charge will result in future cash expenditures.

 

2



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: October 27, 2006

 

OWENS-ILLINOIS, INC.

 

 

(registrant)

 

 

 

 

 

 

 

 

 

 

 

 

By:

/s/ Edward C. White

 

 

 

Name: Edward C. White

 

 

Its:

Senior Vice President and
Chief Financial Officer

 

3


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