DE | 43-0334550 | |
(State or other jurisdiction of | (IRS Employer | |
incorporation) | Identification No.) |
[ ] 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))
Information to be included in the report
The Company expects to incur between $2.0 million and $2.5 million in operating charges related to this action during the first half of 2007, including between $1.8 million and $2.3 million for facility exit costs, comprised of remaining facility lease rentals (net of estimated sublease rentals), asset write-offs and transfer costs and approximately $0.2 million for employee severance costs. The Company expects between $1.2 million and $1.7 million of these charges to be cash payments, including the remaining rentals to be paid out over the term of the facility lease in 2007 through 2010.
HUTTIG BUILDING PRODUCTS, INC. | ||||||||
Date: February 21, 2007 | By: | /s/ David L. Fleisher | ||||||
David L. Fleisher | ||||||||
Vice President, Chief Financial Officer and Secretary | ||||||||