-----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, E3shmbZ04Tl29Fqz/2TFiFKNdKTVWQlaO/L9UyzyJLGP4InALxHDiPc7a2JTnDJx PLFe9/sGjkGsVQItGEUziA== 0001206774-04-001534.txt : 20041028 0001206774-04-001534.hdr.sgml : 20041028 20041028084727 ACCESSION NUMBER: 0001206774-04-001534 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041027 ITEM INFORMATION: Cost Associated with Exit or Disposal Activities FILED AS OF DATE: 20041028 DATE AS OF CHANGE: 20041028 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VISHAY INTERTECHNOLOGY INC CENTRAL INDEX KEY: 0000103730 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS & ACCESSORIES [3670] IRS NUMBER: 381686453 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-07416 FILM NUMBER: 041100999 BUSINESS ADDRESS: STREET 1: 63 LINCOLN HWY CITY: MALVERN STATE: PA ZIP: 19355 BUSINESS PHONE: 6106441300 MAIL ADDRESS: STREET 1: 63 LINCOLN HIGHWAY CITY: MALVERN STATE: PA ZIP: 19355 8-K/A 1 vi71314.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM 8-K/A
Amendment No. 1

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 27, 2004 (August 27, 2004)


VISHAY INTERTECHNOLOGY, INC.


(Exact name of registrant as specified in its charter)


Delaware

 

1-7416

 

38-1686453


 


 


(State or Other Jurisdiction of Incorporation)

 

(Commission File Number)

 

(I.R.S. Employer Identification Number)

 

 

 

 

 

63 Lincoln Highway, Malvern, PA

 

19355-2120


 


(Address of Principal Executive Offices)

 

(Zip code)

 

 

 

Registrant’s telephone number, including area code     610-644-1300

 

(Former name or former address, if changed since last report.)

 



Item 2.05 - Costs Associated with Exit or Disposal Activities

On August 27, 2004, Vishay Intertechnology, Inc. announced its intent to close its Colmar, France small-signal diode assembly facility and transfer production to other Vishay facilities.  The closure of the Colmar facility is consistent with Vishay’s on-going strategy to improve competitiveness and reduce costs by shifting production from high-labor-cost markets to lower-labor-cost markets.

The amount of severance payments was subject to negotiation with the labor council which represents the employees at the Colmar facility.  Vishay and the labor council have now reached an agreement in regard to severance payments. Related to the closure of the Colmar facility, Vishay expects to record a charge to earnings of approximately $26 million during the fourth quarter of 2004, the majority of which will represent severance pay. 


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, Vishay Intertechnology, Inc. has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

Date: October 27, 2004

 

VISHAY INTERTECHNOLOGY, INC.

 

 

 

By:

/s/ RICHARD N. GRUBB

 

 


 

Name:

Richard N. Grubb

 

Title:

Executive Vice President and
Chief Financial Officer

 

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