UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
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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): September 30, 2003
ATCHISON CASTING CORPORATION
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(Exact name of registrant as specified in charter)
Kansas 1-12541 48-1156578
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(State of Incorporation) (Commission File Number) (I.R.S. Employer
Identification Number)
400 South Fourth Street, Atchison, KS 66002
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(Address of Principal Executive Offices) (Zip Code)
(913) 367-2121
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(Registrant's telephone number, including area code)
Not Applicable
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(Former name or former address, if changed since last report)
Item 3. Bankruptcy or Receivership.
As previously reported on Form 8-K, on August 4, 2003, Atchison Casting
Corporation (the "Company") and certain U.S. subsidiaries filed a voluntary
petition for relief under Chapter 11 of Title 11 of the United States Code (the
"Bankruptcy Code"), in the United States Bankruptcy Court for the Western
District of Missouri (the "Bankruptcy Court") (Case No. 03-50965). The Company
and its subsidiaries (collectively, the "Debtors") remain in possession of their
assets and properties, and continue to operate their businesses as
"debtors-in-possession" pursuant to Section 1107(a) and 1108 of the Bankruptcy
Code.
As a part of the bankruptcy proceedings, the Debtors are required to file with
the Bankruptcy Court a Monthly Operating Report Summary ("MOR"). On September
30, 2003, the Debtors filed with the Bankruptcy Court the MOR as of and for the
month ended August 29, 2003. A copy of certain financial information in the MOR
is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Following the filing for administration in the U.K. by the Company's subsidiary,
Atchison Casting U.K., Ltd. ("ACUK"), the Company recorded a charge, in August
2003, of approximately $49.5 million to write off its net investment in ACUK.
The Company is no longer consolidating ACUK's results into its consolidated
financial statements. At this time, it appears unlikely that any funds will be
left for stockholders of ACUK or the Company, after payment of creditors.
Item 7. Exhibits.
Exhibit 99.1 Financial Information in the MOR as of and for the month ended
August 29, 2003
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.
Date: October 8, 2003
Atchison Casting Corporation
By: /s/ Kevin T. McDermed
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Kevin T. McDermed
Chief Financial Officer
