8-K 1 a2075128z8-k.htm 8-K
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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 (date of earliest event reported): March 26, 2002


POLYMER GROUP, INC.
(Exact name of registrant as specified in its charter)


Delaware

 

1-14330

 

57-1003983
(State or other jurisdiction
of incorporation
  (Commission File Number)   (IRS Employer
Identification No.)


4838 Jenkins Avenue

 

29405
North Charleston, SC   (Zip Code)

Registrant's telephone number, including area code: (843) 566-7293




Item 5.    Other Matters.

        Polymer Group, Inc. (the "Company") issued a press release on March 27, 2002, which announced its earnings for fiscal year 2001. A copy of the press release dated March 27, 2002 is attached hereto as Exhibit 99.1 and incorporated herein by reference.

        The Company also issued a press release on March 26, 2002, which announced that it received notification that an involuntary Chapter 11 petition had been filed against the Company, that the Company has commenced discussions with the petitioning creditors on a potential consensual and prompt withdrawal of the petition, and that if the petition is not withdrawn the Company anticipates that the court may dismiss the petition in light of the Company's exchange offer and comprehensive financial restructuring currently in progress. A copy of the press release dated March 26, 2002 is attached hereto as Exhibit 99.2 and incorporated herein by reference.

        The Company also issued a press release on March 27, 2002, which announced that while it continues to explore the possible consensual dismissal/withdrawal of the involuntary petition filed on March 25, 2002, it has filed a motion to dismiss the involuntary Chapter 11 filing. A copy of the press release dated March 27, 2002 is attached hereto as Exhibit 99.3 and incorporated herein by reference.

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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.

    POLYMER GROUP, INC.

Dated: March 28, 2002

 

By:

 

/s/  
JAMES G. BOYD      
James G. Boyd
Executive Vice President, Treasurer,
Chief Financial Officer, and Director
(Principal Financial and Accounting Officer)

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EXHIBIT INDEX

Exhibit
Number

  Description
99.1   Press release dated March 27, 2002
99.2   Press release dated March 26, 2002
99.3   Press release dated March 27, 2002

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