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):June 16, 2009
VISANT CORPORATION
(Exact name of registrant as specified in its charter)
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| DELAWARE | | 333-120386 | | 90-0207604 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
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357 Main Street Armonk, New York | | 10504 |
| (Address of principal executive offices) | | (Zip Code) |
Registrant’s telephone number, including area code:(914) 595-8200
Not applicable
(Former name or former address, if changed since last report)
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 2.05 | Costs Associated with Exit or Disposal Activities. |
On June 16, 2009, Jostens, Inc. (“Jostens”), a subsidiary of Visant Corporation (“Visant”), announced the consolidation of certain of its memory book production operations which will result in the permanent closure of the Winston-Salem, North Carolina facility, which is anticipated to be substantially complete by December 31, 2009. Jostens will consolidate its memory book production operations from Winston-Salem, including the relocation of certain equipment, into other existing facilities. The decision to consolidate the operations was made in order to take advantage of efficiencies from enhanced technologies and scale.
In connection with the consolidation, Visant anticipates that it will incur costs, including related to employee severance and termination benefits, facility closure costs, costs to relocate certain equipment and other disposal and associated costs. At the date of this filing, Visant is unable in good faith to make a determination of an estimate of the total amount or range of amounts expected to be incurred in connection with the consolidation. Visant will file one or more amendments to this Form 8-K, as necessary, after it makes a good faith determination of an estimate or range of estimates.
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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| | | | VISANT CORPORATION |
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| Date: June 16, 2009 | | | | /s/ PAUL B. CAROUSSO |
| | | | Paul B. Carousso Vice President, Finance |
