8-K

UNITED STATES

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): August 29, 2008

ARGAN, INC.

(Exact Name of Registrant as Specified in its Charter)

Delaware	001-31756	13-1947195
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)

One Church Street, Suite 401, Rockville, MD	20850
(Address of Principal Executive Offices)	(Zip Code)

Registrant's telephone number, including area code: (301) 315-0027

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Section 5 – Corporate Governance and Management

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Item 5.02(b) Departure of Principal Officer

Effective August 29, 2008, Timothy Curran resigned as Chief Executive Officer and as President of Gemma Power Systems, LLC (“Gemma”), a wholly-owned subsidiary of Argan, Inc. (the “Company”).

Item 5.02(c) Appointment of Principal Officer

On September 3, 2008, the Company appointed William F. Griffin, Jr., age 53, as Chief Executive Officer and President of Gemma. Mr. Griffin has been Vice Chairman of Gemma since November 1, 2007. From December 6, 2006 to November 1, 2007, he was Chief Executive Officer of Gemma and from March, 1997 to December, 2006, he was a fifty (50) percent owner and a senior executive officer of Gemma. Currently, Mr. Griffin has an employment contract with Gemma that terminates in June, 2009.

Section 9 – Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No.	Description
99.1	Argan, Inc. Press Release, issued September 3, 2008.

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.

	ARGAN, INC.
Date: September 5, 2008	By:	/s/ Arthur F. Trudel
		Arthur F. Trudel Senior Vice President and Chief Financial Officer

- 2 -

EXHIBIT INDEX

Exhibit No.	Description
99.1	Argan, Inc. Press Release, issued September 3, 2008.

- 3 -

EX-99.1

Exhibit 99.1

Argan, Inc. Announces Appointment of William F. Griffin as President and Chief

Executive Officer of Gemma Power Systems

September 3, 2008 — Rockville, MD – Argan, Inc. (AMEX: AGX) today announced that William F. Griffin, Jr. has been named President and Chief Executive Officer of its wholly-owned subsidiary Gemma Power Systems, effective immediately. Mr. Griffin’s appointment follows the resignation of Timothy Curran on August 29, 2008.

Rainer Bosselmann, Chairman and CEO of Argan, Inc. stated, “As a co-founder of Gemma Power Systems, Bill Griffin helped to build one of the leading power plant design and construction firms in the industry. At the time of Argan’s acquisition of Gemma he was the company’s President and Chief Operating Officer and has since maintained his leadership role as a managing director. With his more than 33 years of experience in all aspects of engineering and construction, industry relationships and expertise in the day to day operations of Gemma, Bill is distinctly qualified to lead the company’s growth and we are pleased that he has accepted this role.“

About Argan, Inc.

Argan’s primary business is designing and building energy plants through its Gemma Power Systems subsidiary.  These energy plants include traditional gas as well as alternative energy including biodiesel, ethanol, and renewable energy sources such as wind power and solar.  Argan also owns Southern Maryland Cable, Inc. and Vitarich Laboratories, Inc.

Certain matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws and are subject to risks and uncertainties including, but not limited to; (1) the Company’s ability to achieve its business strategy while effectively managing costs and expenses; (2) the Company’s ability to successfully and profitably integrate acquisitions; and (3) the continued strong performance of the energy sector. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors detailed from time to time in Argan’s filings with the Securities and Exchange Commission.In addition, reference is hereby made to cautionary statements with respect to risk factors set forth in the Company’s most recent reports on Form 10-K and 10-Q, and other SEC filings.

Company Contact:	Investor Relations Contact:
Rainer Bosselmann/Arthur Trudel	John Nesbett/Jennifer Belodeau
301.315.0027	Institutional Marketing Services (IMS)
	203.972.9200