-----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, POGvaa5d/Gh3MFpwnbz4U+gNthX1yNOM/DeYFnA12dvYZVbBQvt6lAkBg1ntKLkx HzV7ub0zvd711bx7+Qsw2A== 0000021759-98-000018.txt : 19981202 0000021759-98-000018.hdr.sgml : 19981202 ACCESSION NUMBER: 0000021759-98-000018 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19981124 ITEM INFORMATION: FILED AS OF DATE: 19981201 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COLLINS INDUSTRIES INC CENTRAL INDEX KEY: 0000021759 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLES & PASSENGER CAR BODIES [3711] IRS NUMBER: 430985160 STATE OF INCORPORATION: MO FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-12619 FILM NUMBER: 98761752 BUSINESS ADDRESS: STREET 1: 421 E 30TH AVE CITY: HUTCHINSON STATE: KS ZIP: 67502 BUSINESS PHONE: 3166635551 MAIL ADDRESS: STREET 1: 15 COMPOUND DRIVE STREET 2: PO BOX 648 CITY: HUTCHINSON STATE: KS ZIP: 67502 8-K 1 THIS CONFORMING PAPER FORMAT DOCUMENT IS BEING SUBMITTED PURSUANT TO RULE 901(d) OF REGULATION S-T 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): November 24, 1998 COLLINS INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Missouri (State or other jurisdiction of incorporation) 0-12619 43-0985160 Commission File Number (IRS Employer Identification No.) 15 Compound Drive, Hutchinson, Kansas 67502 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (316) 663-5551 N/A (Former name or former address, if changed since last report) 11022959 Item 5. Other Events. Exhibit 1 - (Press Release of November 24, 1998) is hereby incorporated by reference. SIGNATURE 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. COLLINS INDUSTRIES, INC. By: /s/ Larry W. Sayre Larry W. Sayre Vice President - Finance and Chief Financial Officer (Principal Accounting Officer) Date: November 30, 1998 EXHIBIT INDEX Exhibit Description Page 1 Press release of November 24, 1998 1 NEWS RELEASE FOR IMMEDIATE RELEASE: CONTACT: Larry W. Sayre Vice President - Finance & CFO Telephone: (316) 663-5551 COLLINS INDUSTRIES AGREES TO ACQUIRE MID BUS, INC. Hutchinson, Kansas, November 24, 1998 ---- COLLINS INDUSTRIES, INC. (Nasdaq: "COLL") announced today the signing of a definitive agreement to acquire Mid Bus, Inc., a Type A school bus manufacturer based in Bluffton, Ohio. Collins Industries believes this acquisition will give the Company approximately 50% of the small school bus market by complimenting existing Type A market growth from Collins Bus Corporation, another wholly owned subsidiary. Agreement is subject to customary closing conditions with closing expected on December 1, 1998. Mid Bus, Inc. manufactures a line of Type A-I and Type A-II school buses represented nationally through a distributor organization. Industry publications estimate annual sales of the Type A market to be in excess of 6,000 units with prices typically ranging from $30,000-$45,000 per bus. Mid Bus, Inc. will be operated as a wholly owned subsidiary of Collins Industries, Inc. Terms of the deal were not disclosed. Donald Lynn Collins, President and CEO stated today, "The Mid Bus, Inc. acquisition clearly establishes Collins Industries as the largest manufacturer of Type A school buses in North America. Furthermore, this acquisition enables us to take full advantage of anticipated market growth and industry changes currently occurring. Mid Bus, Inc. is a great company with a quality work force and we certainly look forward to making them an integral part of our corporate holdings." Collins added: "As we move toward the 21st century, Collins Industries will continue to focus on these core specialty vehicle markets. The Mid Bus, Inc. acquisition will enable Collins Industries to further enhance our position as the nation's leading manufacturer of specialty vehicles. It underscores our commitment to the markets we serve while enabling us to continue to build long-term shareholder value". Collins Industries, Inc. is a leading manufacturer of ambulances, small school buses, commercial buses and terminal trucks with manufacturing facilities in Florida, Texas and Kansas. Current subsidiary holdings include Wheeled Coach Industries (the world's largest ambulance manufacturer), Capacity of Texas (a terminal truck manufacturer) and Collins Bus Corporation (a Type A school bus manufacturer with a commercial/transit bus division). The Company sells its products throughout the United States and, to a lesser extent, abroad. ### -----END PRIVACY-ENHANCED MESSAGE-----