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): March 20, 2006
ALLIANCE LAUNDRY SYSTEMS LLC
ALLIANCE LAUNDRY CORPORATION
ALLIANCE LAUNDRY HOLDINGS LLC
(Exact name of registrant as specified in its charter)
| | | | |
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)) |
Item 2.06. Material Impairments.
On March 20, 2006, the Board of Directors (the “Board”) of ALH Holding Inc., the parent of Alliance Laundry Systems LLC (the “Company”), resolved to discontinue the sale of AJAX® finished goods. The Company expects to discontinue the sale of AJAX® finished goods upon the closure of the Company’s Marianna Florida facility, which closure is expected to be completed by the end of the third quarter of this year. In connection with this discontinuance, the Company expects to record a non-cash charge for impairment of approximately $2.6 million in the first quarter ending March 31, 2006, for the reduction in the value of the AJAX® trademark. The Company does not believe that the impairment of the AJAX® trademark will result in any future cash expenditures.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, each 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
|
Date: March 22, 2006 | | 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: March 22, 2006 | | 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: March 22, 2006 | | 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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