-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, SplGbWFEGVLaRca4a8SSa7tB5A4Hd8arBTvuX36BcKyJhmmNNCGlF6SLs1LbuGXb Vl8gOcYSx2lfdlMwMVCs8w== 0000950134-04-001809.txt : 20040213 0000950134-04-001809.hdr.sgml : 20040213 20040213163748 ACCESSION NUMBER: 0000950134-04-001809 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20040213 GROUP MEMBERS: AVOCET INVESTMENT PARTNERS LP GROUP MEMBERS: BLACKPOOL ENTERPRISES LLC GROUP MEMBERS: RYAMOND S INGELBY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TRANS INDUSTRIES INC CENTRAL INDEX KEY: 0000099102 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS MANUFACTURING INDUSTRIES [3990] IRS NUMBER: 132598139 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-15896 FILM NUMBER: 04599690 BUSINESS ADDRESS: STREET 1: 2637 N ADAMS RD CITY: ROCHESTER HILLS STATE: MI ZIP: 48309 BUSINESS PHONE: 2488521990 MAIL ADDRESS: STREET 1: 2637 ADAMS ROAD STREET 2: 2637 ADAMS ROAD CITY: ROCHESTER HILLS STATE: MI ZIP: 48309 FORMER COMPANY: FORMER CONFORMED NAME: KERSEY MANUFACTURING CO DATE OF NAME CHANGE: 19700501 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: AVOCET CAPITAL MANAGEMENT LP CENTRAL INDEX KEY: 0001178213 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 5508 HIGHWAY 290 WEST STREET 2: SUITE 207 CITY: AUSTIN STATE: TX ZIP: 78735 BUSINESS PHONE: 5124791250 SC 13G/A 1 d12628asc13gza.txt AMENDMENT TO SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Amendment No. 3)* Under the Securities Exchange Act of 1934 Trans-Industries, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $0.10 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 893239103 - -------------------------------------------------------------------------------- (CUSIP Number) December 31, 2003 - -------------------------------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [X] Rule 13d-1(c) [ ] Rule 13d-1(d) * The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). Person Authorized to Receive Notices and Communications: Taylor H. Wilson, Esq. Haynes and Boone, LLP 901 Main Street, Suite 3100 Dallas, Texas 75202 (214) 651-5615 SCHEDULE 13G - ------------------- ----------------- CUSIP No. 893239103 Page 2 of 9 Pages - ------------------- ----------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Avocet Capital Management, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 0 BENEFICIALLY -------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH REPORTING 360,099 PERSON -------------------------------------------- WITH 7 SOLE DISPOSITIVE POWER 0 -------------------------------------------- 8 SHARED DISPOSITIVE POWER 360,099 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 360,099 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11.5% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON PN/IA - -------------------------------------------------------------------------------- - ------------------- ----------------- CUSIP No. 893239103 Page 3 of 9 Pages - ------------------- ----------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Avocet Investment Partners, L.P. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 0 BENEFICIALLY -------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH REPORTING 310,099 PERSON -------------------------------------------- WITH 7 SOLE DISPOSITIVE POWER 0 -------------------------------------------- 8 SHARED DISPOSITIVE POWER 310,099 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 310,099 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.9% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON PN - -------------------------------------------------------------------------------- - ------------------- ----------------- CUSIP No. 893239103 Page 4 of 9 Pages - ------------------- ----------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Blackpool Enterprises, LLC - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 0 BENEFICIALLY -------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH REPORTING 360,099 PERSON -------------------------------------------- WITH 7 SOLE DISPOSITIVE POWER 0 -------------------------------------------- 8 SHARED DISPOSITIVE POWER 360,099 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 360,099 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11.5% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON OO - -------------------------------------------------------------------------------- - ------------------- ----------------- CUSIP No. 893239103 Page 5 of 9 Pages - ------------------- ----------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) Raymond S. Ingelby - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X] (b) [ ] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United Kingdom - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF SHARES 0 BENEFICIALLY -------------------------------------------- OWNED BY 6 SHARED VOTING POWER EACH REPORTING 360,099 PERSON -------------------------------------------- WITH 7 SOLE DISPOSITIVE POWER 0 -------------------------------------------- 8 SHARED DISPOSITIVE POWER 360,099 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 360,099 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 11.5% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON IN - -------------------------------------------------------------------------------- - ------------------- ----------------- CUSIP No. 893239103 Page 6 of 9 Pages - ------------------- ----------------- Item 1(a) Name of Issuer: Trans-Industries, Inc. Item 1(b) Address of Issuer's Principal Executive Offices: 2637 S. Adams Road Rochester Hills, Michigan 48309 Item 2(a) Names of Persons Filing: Avocet Capital Management, L.P., a Delaware limited partnership ("ACM"); Blackpool Enterprises, LLC, a Delaware limited liability company ("LLC"); Raymond S. Ingelby, a citizen of the United Kingdom ("Ingelby"); and Avocet Investment Partners, L.P., a Delaware limited partnership ("AIP") (collectively, the "Filers"). ACM, LLC and Ingelby disclaim beneficial ownership of the Stock except to the extent of their respective pecuniary interests therein. AIP is filing jointly with the other filers, but not as a member of a group, and expressly disclaims membership in a group. In addition, the filing of this Statement on behalf of AIP should not be construed as an admission that AIP is, and it disclaims that it is, the beneficial owner of any of the Stock covered by this Statement. Item 2(b) Addresses of Principal Business Offices: The principal business office of the Filers is located at: 3109 E. Slaughter Lane West Austin, Texas 78748 Item 2(c) Citizenship: See Item 2(a). ACM is the investment adviser and the general partner of AIP. LLC is the general partner of ACM. Ingelby is the manager of LLC. Item 2(d) Title of Class of Securities: Common Stock, par value $0.10 per share (the "Stock"). Item 2(e) CUSIP Number: 893239103 - ------------------- ----------------- CUSIP No. 893239103 Page 7 of 9 Pages - ------------------- ----------------- Item 3 Status of Persons Filing: (a) [ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o); (b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c); (c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c); (d) [ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8); (e) [X] An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) [ ] A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(J). Item 4 Ownership: See Items 5-9 and 11 of the cover page for each Filer. Item 5 Ownership of 5% or Less of a Class: If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following: [ ] Item 6 Ownership of More than 5% on Behalf of Another Person: The Filers include ACM, an investment adviser whose clients, including AIP, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Stock. Item 7 Identification and Classification of the Subsidiary which Acquired the Security Being Reported on By the Parent Holding Company: Not applicable. Item 8 Identification and Classification of Members of the Group: See Item 2(a) of this Statement. - ------------------- ----------------- CUSIP No. 893239103 Page 8 of 9 Pages - ------------------- ----------------- Item 9 Notice of Dissolution of Group: Not applicable. Item 10 Certification: The following certification is made by ACM, LLC and Ingelby: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. The following certification is made by AIP: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. - ------------------- ----------------- CUSIP No. 893239103 Page 9 of 9 Pages - ------------------- ----------------- SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: January 30, 2004 AVOCET CAPITAL MANAGEMENT, L.P. By: Blackpool Enterprises, LLC, its general partner By: Raymond S. Ingelby, its manager By: /s/ James L. Boucherat ---------------------------------------------------- James L. Boucherat Attorney-in-Fact for Raymond S. Ingelby AVOCET INVESTMENT PARTNERS, L.P. By: Avocet Capital Management, L.P., its general partner By: Blackpool Enterprises, LLC, its general partner By: Raymond S. Ingelby, its manager By: /s/ James L. Boucherat ---------------------------------------------------- James L. Boucherat Attorney-in-Fact for Raymond S. Ingelby BLACKPOOL ENTERPRISES, LLC By: Raymond S. Ingelby, its manager By: /s/ James L. Boucherat ---------------------------------------------------- James L. Boucherat Attorney-in-Fact for Raymond S. Ingelby RAYMOND S. INGELBY By: /s/ James L. Boucherat ---------------------------------------------------- James L. Boucherat Attorney-in-Fact for Raymond S. Ingelby EXHIBITS Exhibit A Joint Filing Agreement, dated as of January 30, 2004, entered into by and among Avocet Capital Management, L.P., Avocet Investment Partners, L.P., Blackpool Enterprises, LLC and Raymond S. Ingelby. EX-99.A 3 d12628aexv99wa.txt JOINT FILING AGREEMENT EXHIBIT A JOINT FILING AGREEMENT In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them a Schedule 13G (including amendments thereto) with regard to the common stock of Trans-Industries, Inc., a Delaware corporation, and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filing. In evidence thereof, the undersigned, being duly authorized, hereby execute this Joint Filing Agreement as of January 30, 2004. AVOCET CAPITAL MANAGEMENT, L.P. By: Blackpool Enterprises, LLC, its general partner By: Raymond S. Ingelby, its manager By: /s/ James L. Boucherat ---------------------------------------------------- James L. Boucherat Attorney-in-Fact for Raymond S. Ingelby AVOCET INVESTMENT PARTNERS, L.P. By: Avocet Capital Management, L.P., its general partner By: Blackpool Enterprises, LLC, its general partner By: Raymond S. Ingelby, its manager By: /s/ James L. Boucherat ---------------------------------------------------- James L. Boucherat Attorney-in-Fact for Raymond S. Ingelby BLACKPOOL ENTERPRISES, LLC By: Raymond S. Ingelby, its manager By: /s/ James L. Boucherat ---------------------------------------------------- James L. Boucherat Attorney-in-Fact for Raymond S. Ingelby RAYMOND S. INGELBY By: /s/ James L. Boucherat ---------------------------------------------------- James L. Boucherat Attorney-in-Fact for Raymond S. Ingelby -----END PRIVACY-ENHANCED MESSAGE-----