-----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, M8bbtQ1baoqXS5nDIHUwA/tAXpdRL/WI5ZC14YbuxJXtX/6xUheKFmbvxM1vEqv7 FZo3yxuHMfmAGc+dzquOIQ== 0001104659-04-027847.txt : 20040916 0001104659-04-027847.hdr.sgml : 20040916 20040916152142 ACCESSION NUMBER: 0001104659-04-027847 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20040915 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20040916 DATE AS OF CHANGE: 20040916 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BLUE RIDGE PAPER PRODUCTS INC CENTRAL INDEX KEY: 0001284293 STANDARD INDUSTRIAL CLASSIFICATION: PAPERS & ALLIED PRODUCTS [2600] IRS NUMBER: 562136509 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-114032 FILM NUMBER: 041033699 MAIL ADDRESS: STREET 1: 41 MAIN STREET STREET 2: P.O. BOX 1429 CITY: CANTON STATE: NC ZIP: 28716 8-K 1 a04-10643_18k.htm 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):  September 15, 2004

 

BLUE RIDGE PAPER PRODUCTS INC.

(Exact name of registrant as specified in its charter)

 

Delaware

 

333-114032

 

56-2136509

(State or other jurisdiction of
incorporation)

 

(Registration Number)

 

(IRS Employer Identification No.)

 

 

 

 

 

41 Main Street, Canton, North Carolina

 

28716

(Address of principal executive offices)

 

(Zip Code)

 

 

 

Registrant’s telephone number, including area code:  (828) 454-0676

 

 

(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):

 

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))

 

 



 

ITEM 8.01.  OTHER EVENTS.

 

On September 15, 2004, Blue Ridge Paper Products Inc. issued a press release disclosing the estimated impact of flooding as a result of Hurricane Frances on its operating income for the third quarter ending September 30, 2004 and fiscal year ending December 31, 2004.  Attached hereto and incorporated herein by reference as Exhibit 99.1 is the press release.

 

ITEM 9.01.   FINANCIAL STATEMENTS AND EXHIBITS.

 

(c) Exhibit 99.1 – Press Release dated September 15, 2004.

 

2



 

SIGNATURES

 

Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

BLUE RIDGE PAPER PRODUCTS INC.

 

 

 

 

 

Date:   September 16, 2004

By:

/s/ John B. Wadsworth

 

 

 

Name:  John B. Wadsworth

 

 

Title:    Chief Financial Officer

 

3



 

EXHIBIT INDEX

 

Exhibit No.

 

Description

 

 

 

99.1

 

Press release dated September 15, 2004.

 

4


EX-99.1 2 a04-10643_1ex99d1.htm EX-99.1

Exhibit 99.1

 

Contact: Dana Wardwell
Blue Ridge Paper Products Inc.
Phone: (828) 454-0109
Email: wardwd@blueridgepaper.com

 

For Immediate Release

 

Blue Ridge Paper Products, Canton, N.C. Mill Recovering from Floodwaters

 

Canton, North Carolina (Bloomberg: bluerd) – September 15, 2004 — On September 8, 2004, Haywood County and Western North Carolina experienced flooding as a result of Hurricane Frances.  Flood levels exceeded FEMA 100-year flood plain levels. On September 10, President Bush declared 15 Western North Carolina counties, including Haywood County and the Town of Canton as federal disaster areas.

 

Due to the severe nature of the flooding, Blue Ridge Paper Products’ pulp and paper mill located in Canton, North Carolina undertook flood control procedures resulting in an orderly shutdown of the mill early Wednesday morning.

 

Customer shipments from the mill resumed within 12 hours and there was minimal flood damage to paper and paperboard inventories. “Because of the preparation and response to this flooding by our employees at the Canton mill, the potential damage to the facility was significantly reduced. Full production at the mill is expected to resume within the next week barring any severe impact from Hurricane Ivan,” stated CEO Richard Lozyniak.

 

The flooding did not affect Blue Ridge’s extrusion coating plant, located 10 miles away in Waynesville, North Carolina.  DairyPak, the liquid packaging division of Blue Ridge Paper Products, has four converting facilities located throughout the country in locations unaffected by the hurricane.  Lozyniak added, “We maintain adequate safety stock at all of our locations to ensure that we meet our customers’ needs.  This serves to mitigate any temporary interruption in our supply chain.”

 

Management currently estimates that the total impact on 2004 Operating Income from the flood will range from $4-$6 million, which will be primarily recognized in the third quarter. Based on this estimate, management expects third quarter Operating Income to improve over second quarter 2004, despite the losses associated with the flood. To support the recovery of the pulp and paper mill, GE Commercial Finance, Blue Ridge Paper Products’ senior lender, has agreed to increase Blue Ridge’s revolving line of credit from $45 to $50 million and to amend the key financial covenant in the credit agreement relating to minimum availability.

 

Headquartered in Canton, North Carolina, Blue Ridge Paper Products Inc. is a leading producer of liquid packaging, envelope and specialty papers, and coated bleached board for food service packaging. Blue Ridge has six plants in five states, including a pulp and paper mill in Canton, North Carolina, an extrusion coating plant in Waynesville, North Carolina, and four DairyPak converting plants in Athens, Georgia; Clinton, Iowa; Olmsted Falls, Ohio; and Richmond, Virginia.

 



 

Certain statements in this press release constitute forward-looking statements or statements that may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  The words “forecast,” “estimate,” “project,” “intend,” “expect,” “should,” “would,” “believe” and similar expressions and all statements that are not historical facts are intended to identify forward-looking statements.  These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, which could cause the company’s actual results, performance (financial or operating), or achievements to differ from the future results, performance (financial or operating), or achievements expressed or implied by such forward-looking statements.  These factors include but are not limited to the following:  changes in underlying paper and packaging prices, raw material prices and demand for our products, and the success of various cost savings initiatives.  These and other risks are more fully discussed in our Registration Statement on Form S-4 relating to the exchange notes, as amended and filed with the SEC.

 


GRAPHIC 3 g106431mmimage002.gif GRAPHIC begin 644 g106431mmimage002.gif M1TE&.#EA(P%9`'<`,2'^&E-O9G1W87)E.B!-:6-R;W-O9G0@3V9F:6-E`"'Y M!`$`````+``````C`5@`AH&!@0``,P``9@``F0`S,P`S9@`SF0`SS`!F9@!F MF0!FS#,`,S,`9C,`F3,S,S,S9C,SF3-F9C-FF3-FS#.9F3.9S#.9_V8S9F8S MF69F9F9FF69FS&:9F6:9S&:9_V;,S&;,_YEF9IEFF9F9F9F9S)F9_YG,S)G, M_YG__\R9S,S,S,S,_\S_S,S____,S/_,____S/___P$"`P$"`P$"`P$"`P$" M`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$" M`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$" M`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$" M`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$" M`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P$"`P;_P)AP M2"S&8,*6<$PNF\_H+O(%3KO?\+A\/N[0 M[_B\?C\^!91\@8*#A'<2!29'A8N,C8Y4!08)0B^/EI>8@C`@!0D%*&V9HJ.D M9Q`&D1`Q+J6MKJ]5*@:2LRJPM[BY0A2SIYTQ@+K"PY8%"K0)!"C$S,V"E20& MOM(&#ZO.V-EP8!(&!YV1!8C:Y.5F+0RS!2T%#[,(YO'R6$@6!.=#(@88C$!+,J/MPHCU6W622(>%*7"!C' MD]I&%E"$A-W$E2AC.NN0KH"=))4Z%/`UX0@K_W\R@[YR%PDHT(^>3@A="DL% M00U$`,%@-ZM:PTI,LUJJ8&R=D8C@$FA4I+5LH1:5'AR`4!'M$*Q**`A86V## M-;-X^4Q%$JT6%(PC$TW-2W@/1FENFRB)=.!!@14QL!:>'&+8:@G7].9(6;1+8)[-JL<[>`(=&J%=.S'%-*8K+S M"0T4-`13PCRW9R01/-W\C4I!)R7_P+3H%N!T@7XLG;/>60"A:BA(@---5*G] M+@8).AP\7H"!!`F8!XN?K--`OMOH":&234684(!R0T@`E0E5?6+4?GDEA$IG M4@#R$U>H00`(!)`;9\02$52'10G3CX^;,; M.[1IMR232YW6PI16)$9!.@L90`(@/T*F'9B4'89=%FUHUPU!]T0R%A%?BE'G M%%_4R&=X`3[(1)^#6I%=$8$6:MNC?WZU!**/QB!.><2)\4(%CITRRP#@10$( MCU*X-QR?%+JW1J9.5%(B,*0QAY`1L:[ZQ&Z1\>E"Q>9A8XT)Z52(&$"5Z>%%*T76+2@P@DJH#!FMRI(982VY'YK0F!\J=4SIR*!M<@NT<(I.7IJ=20/3&<"!PD\_;8!`QQX M1:#<1"(8&7Q7`<,*)=$I1%4JMS!!.$Q054`%A@Z!PHA.<*7`@RV,"$('G',% M`J562H*D"8=XLN<2.EFW#+;`S'9NQQTL/B,(D0]!_X&>)H1RPITZLC3F+`I( ML/D'$'^7A85"'$*@2:Q6`1PH#*0D30R[&61A+U5U/5 M1`$3K(2FRJJLF%^$!".DS82!U9!%0HX#0+X<$22$HYIF4*M1_RB7F,@H`36% M,PD,?N*)4%W#'0\8"Q(J@+8N8*@BC=*#=B(XIRN,1&5(D,4L)#61K"U!1AAD M`H9.B*(VC""!TQ,-$;KQC88E#1QD>H`G(+<$%7CB&^?+E),B$9(OC2,4(TFA MM'*G!B'TYP'($\3:"B`!DC7!%SP$!@290(V:C4N+LP@B$T)C#2,0)8O$L6(, M8E1&M_3E,/]Q"001`'C`<#N*%'",#D2"0DZG1D`)`07A*`FT MT-"&?=QDD3'X(%D`0T+I/,&.-M0);0;20L$E;1:;3`(.FV`@ZU`(">%`XZ#H MAPK?@6-U7U(7;CPA%AMJ87\2$H!&I!>'2B"A!-7"B1,`X0X&Z`\A1.1B`!5# M%#'V*@;J6\(9KZ"$WK2Q/>3QE1$&B"D6&J!FIXS!CU`1$H2$IB@MN15B2LP`A-*EX+%1BI`-?0F$FBV($RF604@P:H1<0^4T; M&L@3.42%*HW`"4_T1$`H>A451O*?VD"R0CE11P:N,BHZ@&$DNC05F3PE`16` M8`/_!KBH,ANJ-F2&T0GGE"8J>M*"%?14`KR$42H*:*4R-N&-0C(")O\W!-.< MPAJ[(H@[T9>$O4@HIL#PZ0HDD-0SL``!X7BD+=]P4@-89QR7!(>,9I&/!_ES M>4T8R?A01R-./HD`!B"`.+#WR0+`0Q$N(=E#O7*L5#H!E4::EU0)M=&N%$"O MX2@D-8=0@:>I*8YQ<(L*$*`0`VR`66R2!@]-DPK,D.8I;V&4A`K@3&U"4QI+ MJ(D"TF6"#QQ"5/!*10>ZU;_J08&;YSG@,J]"A*J4$04U"25I.J!##2A(`A=( M'"L@V-(3D,"V*_FH)V.`@LX^X`.2)<-V9G3$L4JRK-58_QU02AA0\=EPA05U M;QN4%(6$?L,[EQOK8'.XP\-:"B,:R5PGZ*LV!D6V"(=18@P(?`9Q]2\2##A0 M.)DWV9(*8:MXXF=J*5P$+%*X';`M0A<;!T8#M+8(9-3I`U3)O2BPL:?=11&O MMJF.KHIDF5]$+$4,F`J8<'@X"@DB0J8R2*.T6`XMZ*,Z)%"XP&F7L3'X@$*. M48U[_B42^NP>1F`2J+!&#@R+O0T,*B`)/';26(?Z9)E%:1T3&J&4A!T4.":* M*G#0#F0-3&M#D=B)%.9A9(=P6P0M-J[KP8I5)NO`CQI0E0@3&E'$-$`#CNG$ M=`A`*<&HRATMO&!0UC0&W9 M-PJ!%0,,L?P$.8LLNL4=;!G:K+91&\41Y!NHD``'U,M8)T>%!'V<"`H]-E:E M8AE;"87C>BWIA$.T,JYP)4*8KY!0`Q1A`MX@+&P^,$II]G=20I"=/I'@@*J\ MAHOR%4DD.OID+JPS"2)8JXQF!H$$2(P$)_!I<5:``A),3`(_.DV#VM&!H$+! MPT2@GU&',.NA$7J.4))?Z\P-+$N1.BKA0[+@('OO:HE"3:S@[CIN2)L41)6OOF2SW M\+,379V&"^#<(DM+156F07@91;C/%"!T&"H!X;8"(W,-F`1:M@1V*!:!4T3X M4#N!@H2?05&C,$"N.HK0W3]^\8D4RK4J#BV$@*-"2)TQ;D/`H).=S)A8--$T MA8(\-+CY.`D,J0RH^1XHJDCT/A&XSWTH(($.<.`#YQI4!KG`RDY4H`)WXJ'N M,@Q@';[]D.&@B`>*YQ]<#>T#2M=A`IXD!>_-PLWZ\`XLD^?E=UTDE1W8'/;O M`7^CC'"B"*'+/_&>HOH2\3UB*Y2B;2":*4F3-%#))'1$H:V M',-B<5Q@.9S'.D6@0V"HAV&X-XVP2/]L*"EIR%=G*'4-\XMG$`&'1T45@(*A M$`R+)8N]9$N.^$7A906`"&_%H3;:N&%-$%2Q\HC9.`0:U2J M$PD$<`)U(BY$T26Z2%9RN(>!4XO3AX:&E&;Y6"*+T@0K`'VC^)$'R5UP`9*D80((ITT?*9)%8%V8UBJ0X18(X5,QV1D@4)/5 M:#BYE7C>5@#(E@@*$4IT&`:.(0X.<&>!XA@=1'\RT@\R)PYX%0!D)VL%T!T% M<&>'\@%BR4__4@)9XL!LH8<*8DF60F`">O66?(("`8`9[-!BTF(`W1$`590$ M8GD``D``?C8!W:%+3]`!?P`4[N!%WW<"?/E8$L`"F34O$[=SP*:,ZC!Y>S`K M&]A3"1!\1Z`MD:`_S',*/O4CPR$+")-4RP`"$7`O'K("7$$P6P(#-J<4 M'0![0^-$W811!9`"2E!+1^!4U3126(`9/>472""5<)ER1,! MF/<^YH:=<<8.S$8$$20$'%``E%F6ZV`98E4`%A!O!M!((7=2!.8'_^KE"5[` M#A[3.PE"`.*"!-A&ALH`1G0#IS( M/P=2`72$%3LA`1%0`*)F$MV`++33C;*BV0H!!40`!TWCV@@`?B@(+C2 M>09P0/DU!*8SIW9(11H0,0,A%H]C2YO0"D98)8)OEY9VUJ`)5E#FAM`0DV@9K9B`:!@SK>2[]DP@<0`&!.@8%9!I0 M`8UIP%DEYPY'41Z_YF/+X10S$V$A4%RKEP`+P&G\0P`V9J4U4Q`EM0(%$98% M8"V`8""'=[(B>DCI3?.U=X$$('"VOD4$';``HXD5-"$SES5LA6BK!'!:1O4S M%8$5)\"VRR`SFQ@(C1*%=`"'7Y&26@*J;O(NY?*&XC(FVE&@39!R2P"'+:&J MC7("'7.&WS)A2?-T`E-;?U-\[:H=)@`"V$$F4U%W+2$NX=(H+9"Z?P,,K!@( M/6L&=INO@V%^E-<2;T(F=IL$+#-,B9B*MW:5<;0
-----END PRIVACY-ENHANCED MESSAGE-----