-----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, M0YB46NICUnWBV0w3vEP+Ak7m8MwWuznc+WTx7g8ThxNoU3x1SyyHt3d1xZh/9AR vrM7ch/Chfbqvk6VlNiRuQ== 0000950124-99-000873.txt : 19990211 0000950124-99-000873.hdr.sgml : 19990211 ACCESSION NUMBER: 0000950124-99-000873 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990209 ITEM INFORMATION: FILED AS OF DATE: 19990210 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MCCLAIN INDUSTRIES INC CENTRAL INDEX KEY: 0000063686 STANDARD INDUSTRIAL CLASSIFICATION: TRUCK & BUS BODIES [3713] IRS NUMBER: 381867649 STATE OF INCORPORATION: MI FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-07770 FILM NUMBER: 99527056 BUSINESS ADDRESS: STREET 1: 6200 ELMRIDGE RD CITY: STERLING HEIGHTS STATE: MI ZIP: 48310 BUSINESS PHONE: 8102643611 8-K 1 FORM 8-K 1 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: February 9, 1999 McCLAIN INDUSTRIES, INC. (Exact name of registrant as specified in its charter) Michigan 0-7770 38-1867649 -------- ------ ---------- (State or other (Commission (I.R.S. Employer Jurisdiction File Number) Identification No.) of incorporation) 6200 Elmridge Road Sterling Heights, Michigan 48313 -------------------------- ----- (Address of principal (Zip Code) Executive offices) Registrant's telephone number, including area code (810)264-3611 Total pages: 3 ---- 2 Item 5. Other Events ------------ See the press release announcing operating results for the quarter ended December 31, 1998, attached hereto as Exhibit 99.1. 3 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 thereunto duly authorized. McCLAIN INDUSTRIES, INC. (Registrant) Date: February 9, 1999 By: /s/ Mark Mikelait ---------------- ---------------------- Mark Mikelait Treasurer 4 INDEX TO EXHIBITS EXHIBIT NO. DESCRIPTION - ----------- ----------- 99.1 Press Release Dated December 31, 1998 EX-99.1 2 PRESS RELEASE DATED 12/31/98 1 EXHIBIT 99.1 [McCLAIN NEWS RELEASE] FOR IMMEDIATE RELEASE --------------------- NASDAQ CONTACT: MARK MIKELAIT Symbol MCCL TREASURER TEL: (419)468-2120 FAX: (419)468-4895 MCCLAIN INDUSTRIES, INC. ANNOUNCES RECORD EARNINGS FOR FIRST QUARTER IN FISCAL 1999 Sterling Heights, Michigan, February 9, 1999 - McClain Industries, Inc. NASDAQ Symbol (MCCL), today announced record sales and earnings for the first quarter ended December 31, 1998. Sales for the first quarter in fiscal 1999 increased 14% to a record $27,156,906 from $23,625,324 for the same quarter in fiscal 1998. Net income for the first quarter of fiscal 1999 was a record $561,486 or $.12 a share, compared to net income of $337,537 or $.07 a share during the same quarter in fiscal 1998. "The first quarter sales increase of 14% from the previous years first quarter was within our projections," said Kenneth D. McClain, President and Chief Executive officer. "Demand for our products continues to improve and shows our sales and marketing efforts are producing positive results. We expect the upward sales trend to continue during fiscal 1999, particularly in the solid waste product lines." McClain Industries is one of the nation's leading manufacturers of solid waste handling and transportation equipment for the waste disposal and recycling industry and of a diversified line of dump truck bodies.
THREE MONTHS ENDED ------------------ DECEMBER 31, 1998 DECEMBER 31, 1997 ----------------- ----------------- Net Sales $27,156,906 $23,625,324 Net Income $ 561,486 $ 337,537 Earnings Per Share $ .12 $ .07 Average Shares Outstanding 4,682,160 4,762,953
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