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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): AUGUST 21, 2006
PROLIANCE INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
DELAWARE 1-13894 34-1807383
(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of incorporation) Identification No.)
100 GANDO DRIVE, NEW HAVEN, CONNECTICUT 06513
(Address of principal executive offices, including zip code)
(203) 401-6450
(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)).
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Item 2.05. COSTS ASSOCIATED WITH EXIT OR DISPOSAL ACTIVITIES
On August 21, 2006, the authorized senior executive officers of Proliance
International, Inc. (the "Company") committed the Company to reduce the salaried
and hourly workforce at its Mexpar manufacturing facility in Mexico City,
Mexico. The workforce reduction is associated with the Company's conversion of
radiator production from copper/brass construction to aluminum construction in
order to lower product costs. Some of the aluminum construction product will be
produced at the Company's Nuevo Laredo, Mexico facility and some will be
purchased. The workforce reductions are expected to commence in the third
quarter and be completed by the end of 2006 and will result in the Company
incurring approximately $600,000 to $700,000 of one-time personnel related
termination expenses associated with the elimination of approximately 100
positions. All of the aforementioned costs will result in future cash
expenditures.
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 thereunto duly authorized.
PROLIANCE INTERNATIONAL, INC.
Date: August 22, 2006 By: /s/ Richard A. Wisot
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Richard A. Wisot
Vice President, Treasurer, Secretary,
and Chief Financial Officer
