-----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, Cz1DWBF/bIJis4lQl6tJM0TdwOOIIEzit7bYSsV4fokMiCY+nJ1q8MteKhvUFe4y wFJShSnQnFUw5iW4a3oT3w== 0001157523-03-000827.txt : 20030328 0001157523-03-000827.hdr.sgml : 20030328 20030328140725 ACCESSION NUMBER: 0001157523-03-000827 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20030328 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20030328 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COURIER CORP CENTRAL INDEX KEY: 0000025212 STANDARD INDUSTRIAL CLASSIFICATION: BOOK PRINTING [2732] IRS NUMBER: 042502514 STATE OF INCORPORATION: MA FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-07597 FILM NUMBER: 03624301 BUSINESS ADDRESS: STREET 1: 15 WELLMAN AVENUE CITY: NORTH CHELMSFORD STATE: MA ZIP: 01863 BUSINESS PHONE: 9782516000 8-K 1 a4364944.txt COURIER CORPORATION 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): March 28, 2003 COURIER CORPORATION ------------------- (Exact name of registrant as specified in its charter) Massachusetts (State or other jurisdiction of incorporation or organization) Commission File Number: 0-7597 IRS Employer Identification Number: 04-2502514 15 Wellman Avenue, North Chelmsford, MA 01863 --------------------------------------- ----- (Address of principal executive offices) (Zip Code) (978) 251-6000 -------------- (Registrant's telephone number, including area code) No Change --------- (Former name, former address and former fiscal year, if changed since last report) Item 5. Other Events - ------ ------------ On March 28, 2003, Courier Corporation ("Courier" or the "registrant") issued a press release announcing agreement to sell the unused portion of its multi-building manufacturing complex in Westford, Massachusetts. A copy of the press release is attached hereto and incorporated herein in its entirety. Item 7. Exhibits - ------- -------- Exhibit No. Description - ---------- ----------- 99.1 Text of press release dated March 28, 2003 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. COURIER CORPORATION By: /s/ Robert P. Story, Jr. ------------------------- Robert P. Story, Jr. Senior Vice President and Chief Financial Officer Date: March 28, 2003 EX-99 3 a4364944ex99.txt EXHIBIT 99.1 PRESS RELEASE Exhibit 99.1 Courier Corporation Announces Agreement to Sell Unused Portion of Its Multi-Building Manufacturing Complex in Westford, Massachusetts NORTH CHELMSFORD, Mass.--(BUSINESS WIRE)--March 28, 2003--Courier Corporation (Nasdaq: CRRC) today announced an agreement to sell approximately 200,000 square feet of unoccupied and underutilized portions of its multi-building manufacturing complex located in the Forge Village area of Westford, Massachusetts to Abbot Mill, LLC for $1.7 million. The buyer intends to convert this facility into high-end residential dwellings. Courier will continue its current levels of book manufacturing at the site. The agreement contains a number of significant contingencies, including the town of Westford's approval of a property subdivision plan. Assuming these contingencies can be resolved, closing is anticipated in late 2003. James F. Conway III, Chairman, President and CEO of Courier stated, "We are pleased to have reached this agreement with Abbot Mill, LLC as it provides the opportunity to return many of the historic multi-story structures on the property to a prominent place within the Westford community. If successful, this sale will result in reductions in our building operating costs without impacting our book manufacturing operations in Westford. The agreement requires that we incur certain costs to complete the transaction, such as the separation of all utilities within the complex. Although these costs could be significant, if the transaction is completed we anticipate realizing a small gain on the sale." The unused multi-story red brick mill buildings are part of a 600,000 square foot complex of about twenty buildings, situated on 42 acres. They are the oldest buildings in the complex and are now no longer conducive to manufacturing. They were once the corporate headquarters for the Murray Printing Company, which was purchased by Courier Corporation in 1966, and were originally built as part of the Abbot Worsted Mills more than a century ago. About Courier Corporation Courier Corporation publishes, prints and sells books. Headquartered in North Chelmsford, MA, Courier has two lines of business: full-service book manufacturing and specialty publishing. For more information, visit www.courier.com. Portions of this release contain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements are subject to important factors and uncertainties, which could cause Courier's actual results to differ materially from those anticipated by the forward-looking statements. These factors could include those referenced in the Annual Report on Form 10-K or as may be described from time to time in Courier's subsequent SEC filings. CONTACT: Courier Corporation Lee E. Cochrane, 978/251-6000 -----END PRIVACY-ENHANCED MESSAGE-----