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) December 4, 2012 (November 28, 2012)
SMTC CORPORATION
(Exact Name of Registrant as Specified in Its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
| | |
| 0-31051 | 98-0197680 |
(Commission File Number) | (IRS Employer Identification No.) |
| | |
| 635 Hood Road Markham, Ontario, Canada | L3R 4N6 |
| (Address of Principal Executive Offices) | (Zip Code) |
(905) 479-1810
(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 (see General Instruction A.2. below):
| ¨ | 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 2.05 | Costs Associated with Exit or Disposal Activities |
On November 28, 2012, The Board of Directors and management of SMTC Corporation (the “Company”) announced that it was planning to close its Markham, Ontario manufacturing facility by mid-2013. This decision was made due to continuing weak financial performance at this facility in comparison to the Company’s other locations. The Company will continue to maintain its corporate headquarters in Markham. At the time of filing of this report on Form 8-K the Company has not determined an estimate or range of estimates for associated exit costs. An amended report on Form 8-K will be filed at that time.
SIGNATURE
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.
| | | |
| | SMTC CORPORATION |
| | | |
| Date: December 4, 2012 | By: | /s/ Alex Walker |
| | Name: | Alex Walker |
| | Title: | Co-President, Co-Chief Executive Officer |
