-----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, Oai/QEaUz53CRAU5bwr38e14swY8eUprP0HSONSb+5HuldWXGb7MPbVzVtHNJdag Qix80hKhNcyaMYuDzRWjMA== 0000892793-99-000016.txt : 19990624 0000892793-99-000016.hdr.sgml : 19990624 ACCESSION NUMBER: 0000892793-99-000016 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19990525 ITEM INFORMATION: FILED AS OF DATE: 19990527 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ACX TECHNOLOGIES INC CENTRAL INDEX KEY: 0000892793 STANDARD INDUSTRIAL CLASSIFICATION: PAPERBOARD CONTAINERS & BOXES [2650] IRS NUMBER: 841208699 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-14060 FILM NUMBER: 99635461 BUSINESS ADDRESS: STREET 1: 16000 TABLE MOUNTAIN PKWY CITY: GOLDEN STATE: CO ZIP: 80403 BUSINESS PHONE: 3032717000 8-K 1 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 May 25, 1999 (Date of earliest event reported) Commission file number: 0-20704 ACX TECHNOLOGIES, INC. (Exact name of registrant as specified in its charter) Colorado 84-1208699 (State or other jurisdiction (I.R.S. Employer of incorporation or organization) Identification No.) 16000 Table Mountain Parkway, Golden, Colorado 80403 (Address of principal executive offices) (Zip Code) (303) 271-7000 (Registrant's telephone number, including area code) Item 5. Other Events On May 25, 1999, ACX Technologies, Inc. issued the following press release. Contact: Holly Coors (303) 271-7005 ACX TECHNOLOGIES ANNOUNCES SALE OF GOLDEN GENESIS SHARES Golden, CO - May 25, 1999 - ACX Technologies, Inc. today announced that Kyocera International, Inc., a wholly owned subsidiary of Kyocera Corporation, has agreed to purchase 100% of the common shares of Golden Genesis Corporation, including the 55% owned by ACX Technologies, Inc. The agreed price is $2.33 per share and it is expected that the transaction will close by the end of July 1999. Joe Coors, Jr., Chief Executive Officer of ACX stated, "As a globally recognized solar cell producer, Kyocera brings a solid foundation to Golden Genesis and will be able to support continued growth in a rapidly changing solar marketplace. The sale of our shares of Golden Genesis brings ACX one step closer to realizing our goal of becoming a pure packaging and ceramics company." ACX Technologies expects to receive approximately $30 million in cash for the sale of their shares and repayment of debt. ACX Technologies, Inc., through its two primary businesses, applies innovative technology to manufacture value-added industrial products. Coors Ceramics Company provides enabling technology through advanced technical ceramics and other engineered materials. Graphic Packaging Corporation is a specialty packaging manufacturer that produces high performance folding cartons. ACX can be visited on the world wide web at http://www.acxt.com. 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, thereunto duly authorized. May 26, 1999 ACX TECHNOLOGIES, INC. By:/s/Beth A. Parish ------------------------- Beth A. Parish (Controller and Principal Accounting Officer) -----END PRIVACY-ENHANCED MESSAGE-----