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): June 20, 2003
Better Minerals & Aggregates Company
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
333-32518 55-0749125
(Commission File Number) (IRS Employer Identification No.)
Route 522 North, P.O. Box 187
Berkeley Springs, West Virginia 25411
(Address of principal executive offices, including zip code)
(304) 258-2500
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Item 7. Exhibits
Press release, dated June 20, 2003.
Item 9. Regulation FD Disclosure.
On June 20, 2003, Better Minerals & Aggregates Company issued a press
release announcing a change in executive management. A copy of such press
release is attached hereto as Exhibit 99.1.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
Better Minerals & Aggregates Company has duly caused this report to be signed on
its behalf by the undersigned hereunto duly authorized.
Better Minerals & Aggregates Company
Date: June 20, 2003 By: /s/ Gary E. Bockrath
--------------------------------
Name: Gary E. Bockrath
Title: Vice President and
Chief Financial Officer
EXHIBIT INDEX
Exhibit Number Description Page
99.1 Press release, dated June 20, 2003.
EXHIBIT 99.1
JOHN ULIZIO NAMED PRESIDENT & CEO OF
BETTER MINERALS & AGGREGATES COMPANY
BERKELEY SPRINGS, WV, June 20, 2003--Better Minerals & Aggregates
Company (BMAC), the $250 million privately-held producer of industrial minerals
and aggregates headquartered here, announced today that John A. Ulizio,
currently vice president and general counsel of BMAC, has been named its
president and CEO. In this position, Ulizio will be responsible for all BMAC's
day-to-day operations, in addition to continuing to oversee the legal operations
of the company, including silica litigation. He also becomes a member of the
BMAC Board of Directors.
Ulizio replaces R.D. Reeves, who is leaving the company in anticipation
of the sale of Better Materials Corporation, BMAC's crushed stone and hot mixed
asphalt business, to a subsidiary of Hanson Building Materials America, Inc. for
$152 million in cash and the assumption of approximately $3 million of debt.
Completion of the sale, whose cash proceeds will be used to reduce BMAC debt, is
expected this summer.
"I am very pleased to be taking the helm of BMAC at a time when we are
returning our business focus to what has historically been our core. We have an
excellent team of people who understand the industrial minerals business and are
enthusiastic about the company," Ulizio said. Ulizio also acknowledged the
contribution of R.D. Reeves, "Butch Reeves has been a valuable member of the
BMAC team for several years, and we wish him well in his future endeavors."
Ulizio joined BMAC's subsidiary, U.S. Silica in 1991. He was named vice
president and general counsel in 1996, and has overseen the legal, environmental
and health & safety affairs of BMAC since that time. He and his family reside in
Hagerstown, Maryland.
A portfolio company of D. George Harris & Associates and J.P. Morgan
Partners, BMAC's two operating companies are U.S. Silica and Better Materials.
Through its U.S. Silica operating company, BMAC is a leading North American
supplier of high quality silica sand and aplite for the glass, foundry,
chemical, recreational and construction industries, and fine ground silica and
kaolin clay for the paint, plastic and ceramic industries. Through its Better
Materials operating company, BMAC supplies crushed stone and sand and gravel to
contractors, road builders, bituminous asphalt plants and ready-mix concrete
plants, and bituminous paving materials to contractors and road builders. The
company employs 1,050 people at its 26 facilities in North America.