UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): September 28, 2005
ALLIANCE LAUNDRY SYSTEMS LLC
ALLIANCE LAUNDRY CORPORATION
ALLIANCE LAUNDRY HOLDINGS LLC
(Exact name of registrant as specified in its charter)
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DELAWARE | | 333-56857 | | 39-1927923 |
DELAWARE | | 333-56857-01 | | 39-1928505 |
DELAWARE | | 333-56857-02 | | 52-2055893 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
Shepard Street, P.O. Box 990
RIPON, WISCONSIN 54971-0990
(Address of Principal executive offices, including Zip Code)
(920) 748-3121
(Registrant’s telephone number, including area code)
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:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
TABLE OF CONTENTS
Item 1.01 Entry into a Material Definitive Agreement.
On September 28, 2005, Alliance Laundry Systems LLC (“Alliance Laundry”) and the United Steelworkers of America entered into an amendment (the “Amendment”) to their existing labor contract, dated March 1, 2004 (the “Labor Contract”). The Amendment created a third tier of wages which permits Alliance Laundry to pay employees hired after January 1, 2006 at a wage approximately 31% below the current assembly wage for employees hired under Tier 1 of the Labor Contract, approximately 4% below the current assembly wage for employees hired under Tier 2 of the Labor Contract and approximately 15% below the fabrication wage for employees hired under both Tier 1 and Tier 2 of the Labor Contract. The Amendment also provides that employees hired after January 1, 2006 will not qualify for pension benefits under the Labor Contract and will be required to contribute 20% of the cost of their medical coverage. The Amendment also contains amendments to provisions that are customary for an agreement of this type, including, among others, those related to overtime and severance pay; pension and savings plans; and life, disability, medical and dental plan coverage. The Amendment provides that the Labor Contract will remain in effect through February 28, 2009 unless otherwise extended by the parties thereto.
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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 hereunto duly authorized.
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| | ALLIANCE LAUNDRY SYSTEMS LLC (Registrant) |
| |
| | /s/ Thomas L’Esperance
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Date: October 3, 2005 | | Name: | | Thomas L’Esperance |
| | Title: | | CEO & President |
| |
| | /s/ Bruce P. Rounds
|
| | Name: | | Bruce P. Rounds |
| | Title: | | Vice President, Chief Financial Officer |
| |
| | ALLIANCE LAUNDRY CORPORATION (Registrant) |
| |
| | /s/ Thomas L’Esperance
|
Date: October 3, 2005 | | Name: | | Thomas L’Esperance |
| | Title: | | CEO & President |
| |
| | /s/ Bruce P. Rounds
|
| | Name: | | Bruce P. Rounds |
| | Title: | | Vice President, Chief Financial Officer |
| |
| | ALLIANCE LAUNDRY HOLDINGS LLC (Registrant) |
| |
| | /s/ Thomas L’Esperance
|
Date: October 3, 2005 | | Name: | | Thomas L’Esperance |
| | Title: | | CEO & President |
| |
| | /s/ Bruce P. Rounds
|
| | Name: | | Bruce P. Rounds |
| | Title: | | Vice President, Chief Financial Officer |
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