0001031623-17-000028.txt : 20170601 0001031623-17-000028.hdr.sgml : 20170601 20170601082752 ACCESSION NUMBER: 0001031623-17-000028 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20170601 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20170601 DATE AS OF CHANGE: 20170601 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GULF ISLAND FABRICATION INC CENTRAL INDEX KEY: 0001031623 STANDARD INDUSTRIAL CLASSIFICATION: FABRICATED STRUCTURAL METAL PRODUCTS [3440] IRS NUMBER: 721147390 STATE OF INCORPORATION: LA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34279 FILM NUMBER: 17883310 BUSINESS ADDRESS: STREET 1: 16225 PARK TEN PLACE, SUITE 280 CITY: HOUSTON STATE: TX ZIP: 77084 BUSINESS PHONE: 7137146100 MAIL ADDRESS: STREET 1: 16225 PARK TEN PLACE, SUITE 280 CITY: HOUSTON STATE: TX ZIP: 77084 8-K 1 gifi8k801_90106-01x2017.htm G&H TUG 8-K Document


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): June 1, 2017

GULF ISLAND FABRICATION, INC.
(Exact name of registrant as specified in its charter)

Louisiana
001-34279
72-1147390
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
16225 Park Ten Place, Suite 280
Houston, Texas 77084
 (Address of principal executive offices)(Zip Code)
(713) 714-6100
(Registrant's telephone number, including area code)
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 (see General Instruction A.2. below):
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))




Item 8.01   Other Events.
On June 1, 2017, Gulf Island Fabrication, Inc. issued press releases announcing contract awards for the construction of eight Z-Tech 30-80 Class Terminal/Escort tugs. Copies of the press releases are attached as Exhibit 99.1 and Exhibit 99.2, respectively.

Item 9.01   Financial Statements and Exhibits.
(c) Exhibits
 
The following exhibit is furnished herewith:

Exhibit No.
Description
99.1
Press Release dated June 1, 2017
99.2
Press Release dated June 1, 2017



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.

 
 
GULF ISLAND FABRICATION, INC.
 
 
 
 
 
 
By:
/s/ Kirk J. Meche
 
 
 
Kirk J. Meche
 
 
 
President and Chief Executive Officer
Dated:
June 1, 2017
 
 



 EX-99.1 2 sytugpressrelease.htm EXHIBIT 99.1 Exhibit
Exhibit 99.1

NEWS RELEASE                         
                                        
For further information contact:

Kirk J. Meche David S. Schorlemer    
Chief Executive Officer Chief Financial Officer
713.714.6100 713.714.6100
FOR IMMEDIATE RELEASE
June 1, 2017


GULF ISLAND FABRICATION, INC.
ANNOUNCES CONTRACT AWARD

Houston, TX - Gulf Island Fabrication, Inc. (NASDAQ: GIFI) today announced, that though its subsidiary Gulf Island Shipyards, LLC, it has executed a contract with Suderman & Young Towing Company for the construction of four (4) Z-Tech 30-80 Class Terminal/Escort Tugs. Revenue and man-hour backlog associated with this award will be included in the second quarter 2017 results.

“We are excited to have the opportunity to build these vessels and are pleased with the confidence Suderman & Young Towing Company has placed with our company. These vessels will be built at our Jennings, Louisiana location,” stated Kirk J. Meche, President and C.E.O. of Gulf Island Fabrication, Inc.

“With a large and modern tugboat fleet, Suderman & Young Towing Company continues to be the first name in general harbor and coastal marine tug-towing services for over a century. Serving the Texas Gulf Coast 24/7 and towing a wide range of marine vessels, you won’t find a more experienced tugboat fleet than that of Suderman & Young. We are confident in Gulf Island’s proven track record to deliver these vessels, “ stated Kirk Jackson, President of Suderman & Young.
 
Gulf Island Fabrication, Inc. is a leading fabricator of complex steel structures and marine vessels used in energy extraction and production, petrochemical and industrial facilities, power generation, alternative energy projects, research, and shipping and marine transportation operations. The Company also provides related installation, hookup, commissioning, repair and maintenance services with specialized crews and integrated project management capabilities. Our corporate headquarters is located in Houston, Texas, with fabrication facilities located in Houma, Jennings and Lake Charles, Louisiana, and Aransas Pass and Ingleside, Texas.







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 EX-99.2 3 bayhoustontugpressrelease.htm EXHIBIT 99.2 Exhibit
Exhibit 99.2

NEWS RELEASE                         
                                        
For further information contact:

Kirk J. Meche David S. Schorlemer    
Chief Executive Officer Chief Financial Officer
713.714.6100 713.714.6100
FOR IMMEDIATE RELEASE
June 1, 2017


GULF ISLAND FABRICATION, INC.
ANNOUNCES CONTRACT AWARD

Houston, TX - Gulf Island Fabrication, Inc. (NASDAQ: GIFI) today announced, that though its subsidiary Gulf Island Shipyards, LLC, it has executed a contract with Bay Houston Towing Company for the construction of four (4) Z-Tech 30-80 Class Terminal/Escort Tugs. The state of the art 98.5ft tugs with a bollard pull of eighty (80) tonnes, are a high-performance twin screw ASD ship-handling/tug, designed for berthing and unberthing large ships and for providing escort, and emergency response in the vicinity of LNG and oil terminals. Revenue and man-hour backlog associated with this award will be included in the second quarter 2017 results.

“We are thrilled to once again have the opportunity to build vessels for Bay Houston Towing Company. These vessels will be built at our Jennings, Louisiana location,” stated Kirk J. Meche, President and C.E.O. of Gulf Island Fabrication, Inc.
 
“We are pleased to award Gulf Island Shipyards, LLC. the contract for four (4) next generation Z Tech 30-80 tugs. Having built tugs at the Jennings, Louisiana location before, our continued confidence in Gulf Island’s ability to deliver a superior product was instrumental to their selection,” stated Philip E. Kuebler, President, Bay Houston Towing Co.

Gulf Island Fabrication, Inc. is a leading fabricator of complex steel structures and marine vessels used in energy extraction and production, petrochemical and industrial facilities, power generation, alternative energy projects, research, and shipping and marine transportation operations. The Company also provides related installation, hookup, commissioning, repair and maintenance services with specialized crews and integrated project management capabilities. Our corporate headquarters is located in Houston, Texas, with fabrication facilities located in Houma, Jennings and Lake Charles, Louisiana, and Aransas Pass and Ingleside, Texas.




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