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): June 27, 2007
| | HAYNES INTERNATIONAL, INC. | |
| | (Exact name of registrant as specified in its charter) | |
| Delaware | | 001-33288 | | 06-1185400 |
| (State or other jurisdiction of incorporation or organization) | | (Commission File Number) | | (I.R.S. Employer Identification No.) |
1020 West Park Avenue Kokomo, Indiana | | 46904-9013 |
| (Address of principal executive offices) | | (Zip Code) |
Registrant's telephone number, including area code: (765) 456-6000
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:
| o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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| Soliciting material pursuant to Rule 14a-12 under the Exchange Act(17CFR240.14a-12) |
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| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17CFR240.14d-2(b)) |
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| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17CFR240.13e-4(c)) |
The information in this Form 8-K is being furnished and shall not be deemed “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in this Form 8-K shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended.
| Item 7.01. | Regulation FD Disclosure |
Haynes International, Inc. (the “Company”) announced today that membership of the United Steelworkers Local 2958 (“USW”) has ratified a three-year agreement covering approximately 514 employees at the Company’s Kokomo, Indiana plant and the Lebanon, Indiana service center. The new agreement succeeded an existing agreement that ran through June 11, 2007 and which was subsequently extended through June 30.
Highlights of the agreement include a cash bonus of $4,000 for covered employees, wage increases in 2007, 2008 and 2009, increased scheduling flexibility, closing the pension plan to new hires, and increasing the pension multiplier for plan participants.
A copy of the press release issued by the Company is attached to this Form 8-K as Exhibit 99.1.
| Item 9.01. | Financial Statements and Exhibits |
(d) Exhibits
99.1 Haynes International, Inc. press release, issued June 27, 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.
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| | Haynes International, Inc. |
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| Date: July 2, 2007 | By: | /s/ Marcel Martin |
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| | Marcel Martin Vice President, Finance and Chief Financial Officer |
