Form 10-K/A for the period ended December 31, 1993
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 10-K/A
/X/ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the fiscal year ended December 31, 1993
OR
/ / TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the transition period from _________________ to
________________ Commission file number 1-6176
-------
AUGAT INC.
------------------------------------------------------
(Exact name of registrant as specified in its charter)
Massachusetts 04-2022285
---------------------------- ------------------------------------
(State or other jurisdiction (I.R.S. Employer Identification No.)
of incorporation or
organization)
89 Forbes Boulevard, P.O Box 448, Mansfield, Massachusetts 02048
---------------------------------------------------------- -----
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code 508-543-4300
------------
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class Name of Each Exchange
-------------------- on Which Registered
---------------------
Common Stock $.10 Par Value New York Stock Exchange
Indicate by check mark whether the Registrant (1) has filed
all reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months
(or for such shorter period that the Registrant was required to
file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
Yes X No
---- ----
The aggregate market value of the voting stock held by non-
affiliates of the Registrant at March 2, 1994 was $425,346,178.
The number of shares of the Registrant's common stock
outstanding on March 2, 1994 was 19,146,455.
Documents Incorporated by Reference:
Portions of the Proxy Statement for the Company's Annual
Meeting of Shareholders to be held April 26, 1994 are
incorporated by reference into Part III of this Form 10-K, to the
extent described in such Part III.
</Page>
ITEM 2 - PROPERTIES
Information regarding the Company's active properties appears
below:
Approximate facility
size December 31, 1993
(Square Feet)
----------------------
Montgomery, Alabama 192,000 (1)
Sanford, Maine 92,000 (1)
Canton, Massachusetts 30,000 (1)
Mansfield, Massachusetts 38,000 (1)
Mashpee, Massachusetts 83,000 (1)
North Attleboro, Massachusetts 52,000 (1)
Boyne, Michigan 68,000 (1)
Chesterfield, Michigan 66,000 (1)
Chesterfield, Michigan 26,000 (2)
Clinton, Michigan 96,000 (1)
Livonia, Michigan 6,000 (2)
Horseheads, New York 75,000 (1)
Horseheads, New York 11,000 (2)
Kent, Washington 58,000 (2)
Sydney, Australia 4,000 (2)
Mississauga, Canada 5,000 (2)
Telford, England 41,000 (1)
LaSeine, France 6,000 (2)
Troisdorf, Germany 22,000 (2)
Tsuen Wan, N.T., Hong Kong 1,000 (2)
Milan, Italy 4,000 (2)
Kawasaki, Japan 13,000 (2)
Mishima, Japan 1,000 (2)
Empalme, Sonora, Mexico 170,000 (2)
Guaymas, Sonora, Mexico 112,000 (2)
Singapore 24,000 (2)
Stockholm, Sweden 2,000 (2)
Bioggio, Switzerland 188,000 (1)
Zug, Switzerland 2,000 (2)
----------
1,488,000
----------
----------
Total facilities up for sale or
inactive as accounted for by
restructuring reserves 352,000
----------
----------
(1) Company - owned facility
(2) Company - leased facility
The Company believes that its existing facilities are adequate
and suitable for the manufacture and sale of its products and
have sufficient capacity to meet its current requirements.
Machine capacity is adequate although additional machine capacity
is currently being added in the business to meet increasing
demands for the Company's new products and for ongoing cost
reduction programs.
The Company anticipates no difficulty in retaining occupancy of
any of its manufacturing, office or sales facilities through
lease renewals prior to expiration or through month-to-month
occupancy, or in replacing them with equivalent facilities.
In addition to the above listed properties, the Company leases a
small amount of other office/warehouse space in the United States
and foreign countries. The amount of such space is not
significant.
See Note 7 - "Commitments and Contingencies" to the accompanying
financial statements of the Registrant which are included under
Item 8 hereof for information concerning the Company's
obligations under all leases.
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 thereto duly authorized.
AUGAT INC.
-----------------------------------
(Registrant)
Ellen B. Richstone
-----------------------------------
Ellen B. Richstone
Vice President and
Chief Financial Officer
Date: April 4, 1994