-----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, T7GguZorObyQXH4yA3Cik944RBlY9aR92fA+UjmxJ+a2vVla82uHASwM8AUGpCyI oI14G0th4ENu3Y/W6ZlN1w== 0000054381-08-000023.txt : 20080311 0000054381-08-000023.hdr.sgml : 20080311 20080311101515 ACCESSION NUMBER: 0000054381-08-000023 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20080311 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20080311 DATE AS OF CHANGE: 20080311 FILER: COMPANY DATA: COMPANY CONFORMED NAME: KAMAN CORP CENTRAL INDEX KEY: 0000054381 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-MACHINERY, EQUIPMENT & SUPPLIES [5080] IRS NUMBER: 060613548 STATE OF INCORPORATION: CT FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-01093 FILM NUMBER: 08679666 BUSINESS ADDRESS: STREET 1: 1332 BLUE HILLS AVE CITY: BLOOMFIELD STATE: CT ZIP: 06002 BUSINESS PHONE: 8602437100 MAIL ADDRESS: STREET 1: 1332 BLUE HILLS AVE CITY: BLOOMFIELD STATE: CT ZIP: 06002 FORMER COMPANY: FORMER CONFORMED NAME: KAMAN AIRCRAFT CORP DATE OF NAME CHANGE: 19680403 8-K 1 form8-k.htm KAMAN CORPORATION FORMS 8-K DATED MARCH 11, 2008 form8-k.htm



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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 11, 2008 (March 11, 2008)


Kaman Corporation
(Exact Name of Registrant as Specified in Its Charter)


Connecticut
(State or Other Jurisdiction of Incorporation)

0-1093
 
06-0613548
(Commission File Number)
 
(IRS Employer Identification No.)
     
1332 Blue Hills Avenue, Bloomfield, Connecticut
 
06002
(Address of Principal Executive Offices)
 
(Zip Code)

(860) 243-7100
(Registrant's Telephone Number, Including Area Code)

Not Applicable
(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))



 
1

 


Item 8.01                      Other Events.
 
On March 11, 2008, the company announced that its subsidiary, Kaman Industrial Technologies Corporation, has entered into a stock purchase agreement with all of the shareholders of Industrial Supply Corporation (ISC) of Richmond, Virginia, for the acquisition of one hundred percent of ISC's outstanding capital stock. ISC is a distributor of power transmission, fluid power, material handling and industrial MRO supply products with annual sales of about $55 million. The transaction is expected to be completed on or about March 31, 2008. Please see the press release attached as Exhibit 99.1 issued on March 11, 2008 regarding the transaction.
 

 
Item 9.01  Financial Statements and Exhibits.

(c) Exhibits.
 
Exhibit 99.1
Press Release of the Company dated March 11, 2008.


2



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.


 
KAMAN CORPORATION
     
     
     
     
 
By:
/s/ Robert M. Garneau
   
Robert M. Garneau
   
Executive Vice President and
   
Chief Financial Officer

Date: March 11, 2008



 
3

 

KAMAN CORPORATION AND SUBSIDIARIES

Index to Exhibits
 
Exhibit Description  
 
Exhibit 99.1
 
Press release dated  March 11, 2008.
Attached


 
4

 

EX-99.1 2 ex99-1.htm KAMAN CORPORATION EXHIBIT 99.1 ex99-1.htm


Kaman Corporation
Bloomfield, CT 06002
(860) 243-7100
 
 NEWS
     
     


KAMAN TO ACQUIRE INDUSTRIAL SUPPLY CORP.
OF RICHMOND, VIRGINIA

BLOOMFIELD, Connecticut (March 11, 2008) – Kaman Corp. (NASDAQ-GS:KAMN) today announced that its subsidiary, Kaman Industrial Technologies Corporation (KIT) has signed a definitive agreement to acquire Industrial Supply Corp. (ISC) of Richmond, Virginia.  ISC will become part of KIT, Kaman’s industrial distribution segment. Terms were not disclosed.  The transaction is expected to be completed on or about March 31, 2008.

Kaman is the third largest distributor of power transmission and motion control products in North America.  The company operates nearly 200 branches, distribution centers and customer service centers across the U. S., Canada and Mexico.  It offers approximately three million items as well as value-added services to a base of about 50,000 customers representing a highly diversified cross section of North American industry.

ISC, founded in 1933, is a distributor of power transmission, fluid power, material handling and industrial MRO supply products to such diverse markets as ship building, printing, machinery, transportation, electronics, pharmaceutical, rubber, chemicals and food processing.  In addition to its Richmond facility, ISC has five branches located in Norfolk, Roanoke and Waynesboro, Virginia, and in Wilson and High Point, North Carolina.  The company has annual sales of approximately $55 million.

Neal J. Keating, chairman, president and chief executive officer of Kaman Corp., said, “This acquisition supports our corporate strategy of accelerating the growth of KIT by expanding our geographic footprint in major industrial markets throughout North America.  It will provide Kaman access to new markets, expand our offering of products and services, and increase our capability to service major national and regional customers.  As importantly, we feel that ISC is also a great cultural fit and look forward to working with Doug Sims and the balance of the ISC team in building a stronger organization.”

ISC President Douglas A. Sims, Jr. said, “We are excited to become a part of Kaman and are extremely impressed by the success that they have achieved as a focused, innovative distributor of power transmission products.  Kaman is well-known and highly regarded in the industry for delivering products and services that address the technical needs of their customer base and both of our business philosophies will, no doubt, mesh very seamlessly.” 

Kaman Corp., headquartered in Bloomfield, Connecticut, conducts business in the aerospace and industrial distribution markets.
###
Contact:
Eric B. Remington
Vice President
(860) 243-6334
eric.remington@kaman.com


GRAPHIC 3 logo.jpg begin 644 logo.jpg M_]C_X``02D9)1@`!`0$`8`!@``#_X0`\17AI9@``24DJ``@````!`#$!`@`9 M````&@````````!%1$=!4FEZ97(@4V]F='=AH.$A8:'B(F*DI.4E9:7F)F:HJ.DI::G MJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4U=;7V-G:X>+CY.7FY^CIZO'R\_3U M]O?X^?K_Q``?`0`#`0$!`0$!`0$!`````````0(#!`4&!P@)"@O_Q`"U$0`" M`0($!`,$!P4$!``!`G<``0(#$00%(3$&$D%1!V%Q$R(R@0@40I&AL<$)(S-2 M\!5B7J"@X2%AH>(B8J2DY25EI>8F9JBHZ2EIJ>HJ:JRL[2U MMK>XN;K"P\3%QL?(RKR\_3U]O?X^?K_V@`, M`P$``A$#$0`_`/Q?^+_QF^,,/Q:\46\'Q3\4Q1Q>)+_$/]O77_/:6OVR_P"# M>[]O'1/V'/\`@B5\<_VPOC7XHO=6_L+XARQ:%I^HWDDDE]?'3[6*UM(R>@EE MQ_Y$K\)?C-"/^%O^*/W'_,R7_P#Z52UT6I?M(>/[K]E_2?V2X+B2#POI?C:Z M\331PS?\?U_+:16L4LG_`%RBB_=?]=9:`)OB[^UY^TC\:_BAK_Q>^('Q>\0W M.L>)=5N]0U*:#5Y8XC++,99?+C_Y91<_ZKZ5_0'_`,&I_P#P3@^)GPY^$EU_ MP41_:3UO7+W7/&UE]G^'ND:OJ,T@L-+/$M_YVB?"CQQ=VUMX/\-6(\1>-K=K@1RWVGPR1#[+%CJ9998HSC M_5Q9[U_7]HFA:-X9TBT\/>'M)@L["QM8[>TM;9-D<4<8Q'&@Z8`XH`T9IHH( M_-FE"*.I-?QI?\%<_P#@H7\1?VO?^"B/Q0^-/@WXEZW#X:NO$LNG>%(M.U>6 M*+^R[;_1;:7RO^FL4?F_]M:_IE_X+T_MC#]B3_@EU\3?B9I6J/:^(='+76;+!&8A-$)/+/_7,YC_"OXN/VY?V7 M/$W[%?[6?C?]F#Q499;OP;K'V;SI?^6D7E12Q2_]^I(Z_H$_X,\/VR5^,7[$ MGB+]D/Q)JC2:Q\*M>^T:-$YY_L:_,DT8QW\NZ%UGVEBH`_8C[B?2OXC/VOOV MLOBI\9/VJ_B5\6='^)_B*"R\3_$#6=5LH(->F\J**YNYI8O+](OWOY5_8M^W MC\73\`_V)_B[\:3((I/"_P`.=:U*W;'_`"UBL)9(_P#R(!7\.WD_],*`/TS_ M`.#8S]M7QU\(_P#@K)X0\&^/_B#J]YH_Q&TR_P##$T6JZC++']IEB\ZV_P!; MW^TVT47_`&UKZP_X/*OVS?$^C_%7X1_LB_#GQ=J&FOI>C77BKQ&=*O98O-DN M9?LMK%)Y7_7M<_\`?VOQ$^"GQ6\1_`[XQ^$OC1X/GDBUCPCXCL-:TR7_`*:V MLT4L7_HNO=?^"Q7[9FG_`+>__!1OXE?M(>'[J>30M3U:*R\+"5N#I=K%%:Q' M_MH(O-_[:T`>%?\`"[/C5_T53Q3_`.#ZZK^U#_@G#\7U^/\`^P/\&_C-/=BX MG\0?#;1KJ^F/>Z^R1"7_`,B^97\0_D_],*_K0_X-9/C!_P`+3_X(S?#_`$N: M;S;CP=K.L:!.?^N=Y)'/B5KUMHFK>*98_#EK9ZO+%%%I=M_HUJ?+]?*CC ME_[:FOZ7_P#@X8_;#3]C#_@EK\1?%6DZO]F\0>,+#_A$_#7E@>9]IOOW'=-DN;_`%2\BMK*UC_Y:RRR^5$*`/0_ M@=^V'^T!\#OC'X5^-7AKXG^(9-0\+^(K35+**[UB:2*26*42^7)S_JS_`%/X M?VN_`#XR>#?VBO@GX3^.?@&[$^C>,?#EKJVF3#O%5+7]$/_``:%_MH0_'/] M@/5?V7?$VJF77/A!KWDV4,I_Y@U^9)K4_A*+J/Z".@#J_P#@[F\0^(_#'_!* M6WU;POKE[IUT/BCHT8N+"\EBD`,5T<9C^E?S#_\`"[/C5_T53Q3_`.#ZZK^F MS_@\'_Y1*VO_`&5O1?\`T1?5_+?9V<]Y=1V-C8R2R2S>7#%#_P`M:`/ZPO\` M@VZ_X*HI_P`%$OV,;;P%\3O$ANOBE\+88-)\4O=3#S=3L?\`ETU/'4^9''Y< MA_YZQ$G'F"OYMOVY?B[\7+/]M;XP6=C\3O$<4<7Q3UZ.&&+6KKRHO^)A+6Q_ MP2B_;]\??\$SOVUO"W[1WAS[3)I=K.-.\;:)$V/[4T:7_CYBS_ST_P"6L7_3 M6**N#_;OU;POXD_;5^+/B?P#J\>I:%K/Q&UG4='U"T_U5U:7-W+-%+_WZDH` M^TO^"5'Q7^*EY^SWK<]W\0_$4TA\;76Z1]>E8G_1;3O17._\$G?^3=-:_P"Q MWNO_`$EM**T-#X:^,T(_X6_XH_%_VG/@ M_>!]+\0VH-W8RM^]TR^3'VBTD_Z:12^*WA_3K.YU#PWKMMJMG:W\/F6TLEM+%+'YL7>+]W7UI_P4 MH^'/QY_:^_;P^*W[1_B;7]"B?Q#XXNDM;:2ZF+VMG$3#:PY$.#Y=M#'%^%?5 MW_!O'_P0[^`/[7OQ/^)$_P"V[X:LO%.A^'-!L#I.D:3KU]:DW,T\Z&61XO*) MPD##_MH:`/SA_;O_`&XOBW_P4-_:+U#]J3XW^']`LO$VL6EK;ZD/#.FRVUK- M]FB$4!Y-=U06/AOX@?\4AXD,TO[L_: MO^/63_P*BMJ_0?\`X+Q?\&\O[#?[.?[$EM\9OV(/AVO@WQ'I?B^P@U2;5O$6 MH7L=[8R1RQ-'^^DE(?S3#)G_`*9D=Z_'#2?V*OC1H>I6NKZ1XK\/6UY"XNK: M:*\N?W?&3]L#_@B[^SG<7ESI MEEJGC+5]+U?Q3))=2&.2XAT^6-C'B,G!EE\P9`Z8K\;/V>OV#OB-KG[07@;0 M;WQ#H)AN_&6F6\N+F;F,W40Q_J:`-W_@LO\`\$_S_P`$X?VV]2^".AV-S%X; MU30;#7O"LLW[S_1;F+][%YG_`$RNHKF+_ME7DO[$'[,7B/\`;"_:X^'G[+GA MZVD^T>,O%-KILTL7_+*U\W_2IO\`ME%YLO\`VRK^@#_@[C_8,L_CI^SO\-OV MD/"-UIUEX@\'>('T&::]S']JL;R(S+%^ZC/$+_VDOB;?:1>W'@7P@UMH%K932R>3T\WS3%8>=_HO\`Y"\NOVX_X,G_ M`(N#6?V;?C9\`[B3_D7?&VEZY#'_`-?]K+%_[C!7PM_P<3?L6>,M8_X*\_%O MQ5X:U?18K/5)]*OY(;F>59!)-I=KYG*Q$G7,DKB>TU*T2,Y>*/C9=2"@#E_\`@\J_;$7XA_M+^!?V M*/#FJ^9IWP^T?^V_$4,4W_,3OL"+S/\`KE:Q9_[>Z_(#X+_%;7O@1\7O"?QI M\):=97&J>$/$=CK.G6NJP>;;2W-M+%+'YL?_`"UB\R/I7TI^W?\`#?X\?MA? MME_$O]I/Q5K>A1W/B_QK<7,5I)>SG[+;M(Q@AR(?^6<,*1_A7VC_`,&[G_!# M3]G7]K[Q?\3M5_;@\+6OBK2O#NFZ2FA:9I7B"^MC'1^$=;M?&=M9:Q_:GB:^N MHKVRDMYW(_>^;B3?#&<].M?D%H_[''QP\):Y9^(]#\9:'9W]A?1265Y::A=) M)#-'TD'[KK\GZT`?T/\`_!X/_P`HE;7_`+*WHO\`Z(OJ_EWT&[GTW7;/4+$R M1R6MY%)#+_VUK^F#_@OP_P`0?VR?^"!_PN^(&HC2[/7?$^L>$]_UW_/S/_\`&:`/MC_@YC_X M);W'['O[1=C^UW\*/"JVWPV^,1.H316<7[K1]>DB,MU:_P#3*.7FYBS_`--1 M_P`LJ_+OR?\`IA7]L_[8?[$/PS_;]_8?UC]E+XKVT0L?$'A^(:;?^7O?2]02 M(&UNXP>\W>:/4+@)( M4?9G!MNGR"@#Z&_X)._\FZ:U_P!CO=?^DMI17K/_``2L_9!^)6F?L]:Q;RZU 7H;LWC.Y
-----END PRIVACY-ENHANCED MESSAGE-----