UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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): February 21, 2008 (February 18, 2008)
SCI ENGINEERED MATERIALS, INC.
(Exact name of registrant as specified in its charter)
Commission file number: 0-31641
Ohio | 31-1210318 | |
(State or other jurisdiction of incorporation) | (IRS Employer Identification No.) |
2839 Charter Street, Columbus, Ohio | 43228 |
(Address of principal executive offices) | (Zip Code) |
(614) 486-0261
Registrant’s telephone number, including area code
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 (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)) |
On February 18, 2008, SCI Engineered Materials, Inc. was notified by one of its largest customers that its orders for 2008 will be significantly less than last year’s amount. This is due to the customer’s improved utilization of targets in their manufacturing processes coupled with lower planned inventory levels compared to 2007. The impact from orders that will not be received this year represented approximately $1.5 million of SCI’s revenue in 2007.
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.
SCI ENGINEERED MATERIALS, INC. | ||||
Date: February 21, 2008 | By | /s/ Daniel Rooney | ||
Daniel Rooney President and Chief Executive Officer |