-----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, NKSIpFhOB5A4Fp/QZ7mGMmTpvWLceAmInPwWrrpjl2JUcODp6DmOw3eTyVS91Taa P221KPKXln2zL9d/KBPwLg== 0000912057-01-522795.txt : 20010706 0000912057-01-522795.hdr.sgml : 20010706 ACCESSION NUMBER: 0000912057-01-522795 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20010625 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 20010705 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BURKE INDUSTRIES INC /CA/ CENTRAL INDEX KEY: 0001046777 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS [2821] IRS NUMBER: 943081144 STATE OF INCORPORATION: CA FISCAL YEAR END: 0102 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 333-36675 FILM NUMBER: 1675667 BUSINESS ADDRESS: STREET 1: 13767 FREEWAY DRIVE CITY: SANTA FE SPRINGS STATE: CA ZIP: 90670 BUSINESS PHONE: 8002210923 MAIL ADDRESS: STREET 1: 2250 SOUTH TENTH STREET CITY: SAN JOSE STATE: CA ZIP: 95112 8-K 1 a2053657z8-k.txt FORM 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): June 25, 2001 BURKE INDUSTRIES, INC. (Exact name of registrant as specified in its charter) California 333-36675 94-3081144 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 13767 Freeway Drive 90670 (Address of principal executive offices) (Zip code) Registrant's telephone number, including area code (800) 221-0923 ITEM 3. BANKRUPTCY OR RECEIVERSHIP. As more fully described in the attached press release, on June 25, 2001 Burke Industries, Inc. filed a voluntary petition for reorganization under Chapter 11 of the United States Bankruptcy Code. ITEM 7. EXHIBITS Exhibit Number and Description 99.1 Press release. 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. BURKE INDUSTRIES, INC. By: /s/ STEPHEN G. GEANE ------------------------------------ Stephen G. Geane Chief Financial Officer EX-99.1 2 a2053657zex-99_1.txt EXHIBIT 99.1 EXHIBIT 99.1 FOR IMMEDIATE RELEASE BURKE INDUSTRIES INC. FILES VOLUNTARY PETITION UNDER CHAPTER 11 OF THE BANKRUPTCY CODE SANTA FE SPRINGS, CA - (Business Wire) - June 25, 2001 - Burke Industries, Inc. announced today that the Company has filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of New Jersey. Burke Industries, Inc. is a leading, diversified manufacturer of highly engineered organic, silicone and vinyl based products for commercial construction, aerospace and other industrial markets. The Company markets its products under the BurkeMercer, Burkeline, Haskon, Purosil and SFS brand names. The combination of a general economic downturn and rapidly increasing cost of utilities, insurance, certain raw materials and other overhead all contributed to the need for a Chapter 11 filing. The Company thoroughly analyzed all of its available options and concluded that a reorganization under Chapter 11 is the only way to secure additional operating liquidity and financing, stabilize the Company's financial condition, and maintain sufficient flexibility to restructure its debt while continuing to execute its business plan. The Company has secured a commitment for Debtor-In-Possession financing from Bank of America, subject to court approval. The Company believes that the financing package will, among other things, provide ample funding to maintain normalized business relationships with its vendors and maintain uninterrupted supply of products to its customers. While operating under the protection of Chapter 11, the Company will seek to increase operating liquidity and continue the operating and financial restructuring it began in 2000. -----END PRIVACY-ENHANCED MESSAGE-----