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 AND EXCHANGE ACT OF 1934
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Date of Report (Date of Earliest Event Reported): February 22, 1994
JPS Textile Group, Inc.
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(Exact Name of Registrant as Specified in its Charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
33-58272 57-0868166
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(Commission File Number) (I.R.S. Employer
Identification No.)
555 North Pleasantburg Drive, Suite 202,
Greenville, SC 29607
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(Address of Principal Executive Offices) (Zip Code)
(803) 239-3900
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(Registrant's Telephone Number, Including Area Code)
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(Former Name or Former Address, if Changed Since Last Report)
ITEM 5. OTHER EVENTS.
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JPS Textile Group, Inc. (the "Company") announced in a press
release dated February 22, 1994, that it intends to sell, subject to
certain conditions, all of the automotive products and synthetic
industrial fabrics operations of the Company to a newly formed
corporation, JPS Automotive Products Corp., organized to acquire such
assets. The full text of the press release is attached as Exhibit
99.1 hereto.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND
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EXHIBITS.
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(c) Exhibits
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99.1 - Press release issued by the Company on February
22, 1994.
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SIGNATURES
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Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to the signed
on its behalf by the undersigned thereunto duly authorized.
February 24, 1994
JPS TEXTILE GROUP, INC.
By: /s/ David H. Taylor
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Name: David H. Taylor
Title: Executive Vice
President - Finance
and Secretary
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Exhibit Index
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Exhibit No. Description of Exhibit
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99.1 Press release issued by the
Company on February 22, 1994
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