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)
October 1, 1994
Commission File No. 1-4087
Ply Gem Industries, Inc.
------------------------------------------------------
(Exact Name of Registrant as Specified in its Charter)
Delaware 1-4087 11-1727150
- - --------------- --------------------- -------------------
(State or other (Commission File No.) (IRS Employer
jurisdiction of Identification No.)
incorporation)
777 Third Avenue, New York, New York 10017
-------------------------------------------
(Address of Principal Executive Offices)
Registrant's Telephone Number: (212) 832-1550
Items 1 - 4. Not Applicable.
--------------
Item 5. Other Events
------------
On October 1, 1994 the Board of Directors of the Company approved a
plan to improve profitability and position the Company for long-term growth. The
Company will record a third quarter one-time non-recurring pretax charge of
$36.3 million consisting of a restructuring charge and other non-recurring
items. The charge includes $14 million of non-cash charges for asset write-offs
including facility closures. A copy of the Press Release issued by the Company
is attached hereto as an Exhibit.
Items 6 - 8. Not Applicable.
--------------
SIGNATURES
----------
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
Dated: October 18, 1994
PLY GEM INDUSTRIES, INC.
/s/ Paul Bogutsky
By: ------------------------
Paul Bogutsky
Vice President