UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) -- February 17, 1995
ESSEX GROUP, INC.
(Exact name of registrant as specified in its charter)
MICHIGAN I-7418 35-1313928
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(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
1601 WALL STREET, FORT WAYNE, INDIANA 46802
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (219) 461-4000
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(Former name or former address, if changed since last report.)
ITEM 5. OTHER EVENTS.
On February 17, 1995 the registrant issued the press release attached
hereto as Exhibit 20.1, which is incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits:
Item Exhibit Index
20.1 Press release by the registrant on February 17, 1995
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.
ESSEX GROUP, INC.
(Registrant)
February 17, 1995 /s/ David A. Owen
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David A. Owen
Executive Vice President,
Chief Financial Officer; Director
(Principal Financial Officer)
EXHIBIT 20.1
Contact: Tom Castaldi
(219) 461-4381
FOR IMMEDIATE RELEASE
ESSEX GROUP, INC., ANNOUNCES RESULTS
FORT WAYNE, Ind., February 17, 1995 -- Essex Group, Inc., today announced
results for the twelve-month period ended December 31, 1994. Sales for
the year were $1.0 billion, 16.3 percent higher than 1993 sales of $868.8
million.
Net income was $30.2 million for the twelve-month period ended December
31, 1994, up from $6.0 million in 1993.
Sales improvements in 1994 resulted from higher copper prices and higher
sales volumes, according to Stanley C. Craft, chairman, president and
chief executive officer. Higher sales volumes reflected increased demand
for wire products within most of the markets served by the company, said
Craft.
Essex Group, Inc., is one of the world's largest producers of electrical
wire and cable products and a Fortune 500 manufacturing company. The
company's three divisions, supported by 26 manufacturing facilities in
twelve states, produce a broad product line that includes magnet wire,
building wire, automotive wire, appliance wire, industrial wire,
electronic wire, specialty wiring assemblies, communications wire and
cable, and electrical insulation materials.