UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check one):
[X]Form 10-K [ ]Form 20-F [ ]Form 11-K [ ]Form 10-Q [ ]Form N-SAR [ ]Form N-CSR
For Period Ended: December 31, 2004
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__ Transition Report on Form 10-K
__ Transition Report on Form 20-F
__ Transition Report on Form 11-K
__ Transition Report on Form 10-Q
__ Transition Report on Form N-SAR
FOR THE TRANSITION PERIOD ENDED:
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
If the notification relates to a portion of the filing checked above, identify
the Item(s) to which the notification relates: N/A
PART I -- REGISTRANT INFORMATION
TRANS-INDUSTRIES, INC.
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FULL NAME OF REGISTRANT
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FORMER NAME IF APPLICABLE
1780 Opdyke Ct.
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ADDRESS OF PRINCIPAL EXECUTIVE OFFICE (STREET AND NUMBER)
Auburn Hills, MI 48326
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CITY, STATE AND ZIP CODE
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PART II -- RULES 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate.)
[X] (a) The reason described in reasonable detail in Part III of this form could
not be eliminated without unreasonable effort or expense;
[X] (b) The subject annual report, semi-annual report, transition report on Form
10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will
be filed on or before the fifteenth calendar day following the prescribed due
date; or the subject quarterly report or transition report on Form 10-Q, or
portion thereof, will be filed on or before the fifth calendar day following the
prescribed due date; and
[ ] (c) The accountant's statement or other exhibit required by Rule 12b-25(c)
has been attached if applicable.
PART III -- NARRATIVE
The registrant is unable to file its Annual Report on Form 10-K for the fiscal
year ended December 31, 2004 within the prescribed time period without
unreasonable effort and expense. The registrant's completion of its forth
quarter and year ending financial statements and the review of such consolidated
financial statements by its independent auditors, Plante & Moran, PLLC, is being
delayed pending the completion, by the registrant, of various schedules and
analysis which support the amounts and disclosures provided in the Company's
consolidated financial statements that are being prepared for the year ended
December 31, 2004. The delay is due in part to the fact that the fiscal year
ended December 31, 2004 is the first fiscal year that the registrant has worked
with the registrant's current independent public accounting firm. In addition,
the audit schedules that the registrant must prepare for the registrant's
independent public accounting firm for the fiscal year ended December 31, 2004
differ from those the registrant is familiar with.
The registrant intends to file its Annual Report on Form 10-K for the fiscal
year ended December 31, 2004 on or before the fifteenth calendar day following
the prescribed due date.
PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification:
Kai Kosanke 248 364-0400
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(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) of the
Securities Exchange Act of 1934 or Section 30 of the Investment Act of 1940
during the preceding 12 months or for such shorter period that the Registrant
was required to file such report(s) been filed? If answer is no, identify
report(s). Yes [X] No [ ]
(3) Is it anticipated that any significant change in results of operations from
the corresponding period for the last fiscal year will be reflected by the
earnings statements to be included in the subject report or portion thereof?
Yes [X] No [ ]
The registrant anticipates that it will record a net loss for fiscal 2004 that
is not significantly different from the net loss recorded for fiscal 2003.
Fourth quarter 2004 losses are expected to be approximately $1.5 million higher
than fourth quarter 2003 losses. The increased losses for fourth quarter 2004
are primarily attributable to reduced production levels of heavy duty transit
buses and some loss of market share to a low priced competitor. The Company
believes that the market downturn appears to have stabilized. All of the
information above is subject to audit and completion of the registrant's
financial statements for fiscal 2004, which will be included in the registrant's
annual report on Form 10-K.
TRANS-INDUSTRIES, INC.
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date March 31, 2005 By /S/ Kai Kosanke
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Kai Kosanke
Vice President and Chief Financial
Officer