================================================================================ 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): May 16, 1997 ------------ JPS TEXTILE GROUP, INC. - -------------------------------------------------------------------------------- (Exact Name of Registrant as Specified in its Charter) DELAWARE - -------------------------------------------------------------------------------- (State or Other Jurisdiction of Incorporation) 33-27038 57-0868166 - ------------------------ ------------------------------------ (Commission File Number) (I.R.S. Employer Identification No.) 555 NORTH PLEASANTBURG DRIVE, SUITE 202 GREENVILLE, SOUTH CAROLINA 29607 - ---------------------------------------- ----------- (Address of Principal Executive Offices) (Zip Code) (864) 239-3900 - -------------------------------------------------------------------------------- (Registrant's Telephone Number, Including Area Code) NOT APPLICABLE ---------- (Former Name or Former Address, if Changed Since Last Report) ================================================================================ NYFS09...:\75\55175\0042\1824\FRM5197L.000 Item 5. Other Events. Filed herewith is a copy of the JPS Textile Group, Inc. (the "Company") Press Release, dated May 16, 1997, announcing a restructuring of the Company at the holding company level only. Item 7. Exhibits. (c) Exhibit: (99) Press Release, dated May 16, 1997. 1 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 duly authorized. JPS TEXTILE GROUP, INC. By: /s/ David H. Taylor -------------------------------- Name: David H. Taylor Title: Executive Vice President - Finance and Secretary Date: May 21, 1997 2 Exhibit Index Exhibit No. Description of Exhibit - ----------- ---------------------- 99 Press release issued by the Company on May 16, 1997.* - ---------------------- *Filed herewith 3