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) March 1, 2001
TRIPLE S PLASTICS, INC.
(Exact Name of Registrant as Specified in Charter)
MICHIGAN 0-23474 38-1895876
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(State or Other (Commission (IRS Employer
Jurisdiction of File Number) Identification No.)
Incorporation)
7950 Moorsbridge Road, Suite 200, Portage, Michigan 49024
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (616) 327-3417
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ITEM 5. OTHER EVENTS.
Triple S Plastics, Inc. (the "Company") issued a press release on
March 1, 2001 which stated that, based on information provided to it
recently by its principal customer, the Company expects significantly
weaker sales to its principal customer than the Company had
anticipated for its fiscal years ending March 31, 2002 and 2003. The
Company has been working on developing new programs with its other
customers to replace the expected loss of these sales. The Company
expects, however, that the overall effect of its weaker sales will
significantly adversely affect the growth of its revenues in fiscal
years 2002 and 2003. As a result of its expected decrease in
production, the Company will be reviewing its manufacturing capacity
needs at its two Texas locations.
In light of these developments, and the need for the Company to
revise the proxy statement/prospectus that it has sent to its
shareholders with respect to its proposed merger with Eimo Oyj to
describe these developments, the Company also announced that it will
adjourn its March 8th special shareholders' meeting without conducting
any business at the meeting. The Company will set a new record date
and will convene a special meeting at a later date after it has
delivered a revised proxy statement/prospectus to its shareholders and
resolicited the vote of its shareholders with respect to the proposed
merger. The Company will inform its shareholders of the new date,
time and place at which the rescheduled special meeting will be held
in a notice which will be included in the revised proxy statement/
prospectus.
A copy of the above referenced press release is filed as Exhibit
99.1 hereto, and the foregoing summary of the press release is
qualified in its entirety by reference to the text of such document,
which is incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
EXHIBITS.
(c) Exhibits.
99.1 Press Release, dated March 1, 2001, issued by Triple S
Plastics, Inc.
SIGNATURES
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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.
TRIPLE S PLASTICS, INC.
(Registrant)
Date: March 1, 2001 By: /s/ A. Christian Schauer
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Name: A. Christian Schauer
Title: Chief Executive Officer
EXHIBIT INDEX
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EXHIBIT
NO. DESCRIPTION
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99.1 Press Release, dated March 1, 2001, issued by Triple S
Plastics, Inc.