SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): June 18, 1999
Triple S Plastics, Inc.
(Exact name of registrant as specified in its charter)
Michigan 0-23474 38-1895876
State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
14320 Portage Road, Vicksburg, Michigan 49097
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (616)649-0545
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(Former name or former address, if changed since last report.)
ITEM 5. OTHER EVENTS
On June 18, 1999 Triple S Plastics, Inc. announced that it will close its
Tucson, Arizona facility and transfer the machinery and equipment to its new
facility in Ft. Worth, Texas and other locations in Michigan. The Company is
planning on completing this transition by July 31, 1999. Furthermore, the
Company has indicated its intent to make its former Victor Plastics facility,
located in Vicksburg, Michigan, available for sale.
The Company expects to record a one-time after-tax charge of $840,000 in
its first quarter ending June 30, 1999 to reflect the cost of closing the Tucson
facility and disposition of the former Victor Plastics facility. The expenses
for these actions are expected to be complete by the end of the current fiscal
year.
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 hereunto duly authorized.
Triple S Plastics, Inc.
(Registrant)
Date: __June 24,1999____ By: __A. Christian Schauer______
A. Christian Schauer
Chief Executive Officer