-----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, NCU5AsRZt88PuGrsH5WUYn9Uowz+BJR9YyQm47FJTnCjyMgRla8j34uE1sN+ePYR 0ZI6x/j0wuqBm9ZEt/pqdA== 0000950124-98-005047.txt : 19980918 0000950124-98-005047.hdr.sgml : 19980918 ACCESSION NUMBER: 0000950124-98-005047 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 19980910 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19980917 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: MORTON INDUSTRIAL GROUP INC CENTRAL INDEX KEY: 0000064247 STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS FABRICATED METAL PRODUCTS [3490] IRS NUMBER: 380811650 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-13198 FILM NUMBER: 98710858 BUSINESS ADDRESS: STREET 1: 1021 WEST BIRCHWOOD STREET CITY: MORTON STATE: IL ZIP: 61550 BUSINESS PHONE: 3092667176 MAIL ADDRESS: STREET 1: 1021 WEST BIRCHWOOD STREET CITY: MORTON STATE: IL ZIP: 61550 FORMER COMPANY: FORMER CONFORMED NAME: MLX CORP /GA DATE OF NAME CHANGE: 19960823 FORMER COMPANY: FORMER CONFORMED NAME: MCLOUTH STEEL CORP DATE OF NAME CHANGE: 19850212 8-K 1 8-K 1 U. S. 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 10, 1998 MORTON INDUSTRIAL GROUP, INC. (Exact name of registrant as specified in its charter) GEORGIA 0-13198 38-0811650 (State of other jurisdiction of (Commission (I.R.S. Employer incorporation or organization) File Number) Identification No.) 1021 West Birchwood, Morton, Illinois 61550 (Address of principal executive offices) (Zip Code) (309-266-7176) (Registrant's telephone number, including area code) (Former name or former address, if changed since last report.) 2 ITEM 5. OTHER EVENTS On September 10, 1998, Morton Industrial Group, Inc. (the "Company") announced that its common stock has commenced trading on the National Association of Securities Dealers Automated Quotation SmallCap Market (Nasdaq) under the symbol MGRP. The Company's stock was previously quoted on the Bulletin Board under the same symbol. On September 14, 1998, Morton Industrial Group, Inc. announced that Daryl R. Lindemann, in an expansion of responsibilities, has become Vice President of Business Development and Acquisitions and that Thomas D. Lauerman has joined the Company as Vice President of Finance. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS Exhibit 99.1 Press release dated September 10, 1998. Exhibit 99.2 Press release dated September 14, 1998. 3 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. MORTON INDUSTRIAL GROUP, INC. Date: September 17, 1998 By: /s/ William D. Morton ----------------------- William D. Morton Chairman, Chief Executive Officer and President 4 INDEX TO EXHIBITS EXHIBIT NO. DESCRIPTION 99.1 Press release dated September 10, 1998 99.2 Press release dated September 14, 1998 EX-99.1 2 EXHIBIT 99.1 1 EXHIBIT NO. 99.1 CONTACT: William D. Morton Van Negris / Philip J. Denning Morton Industrial Group, Inc. Kehoe, White, Van Negris & Company, Inc. (309) 263-3300 (212) 396-0606 FOR IMMEDIATE RELEASE MORTON INDUSTRIAL GROUP SECURES NASDAQ SMALLCAP LISTING, TRADING UNDER THE SYMBOL MGRP MORTON, IL -- sEPtEMBER 10, 1998 -- Morton Industrial Group, Inc. (Nasdaq:MGRP), a leading contract manufacturing supplier to the Construction, Agricultural and Industrial Equipment Manufacturers, today announced that its common stock has commenced trading on the National Association of Securities Dealers Automated Quotation SmallCap Market (Nasdaq) under the symbol MGRP. Morton's stock was previously quoted on the Bulletin Board under the same symbol. William D. Morton, Chairman, President and Chief Executive Officer of Morton Industrial Group, Inc., stated: "We believe that this listing on the Nasdaq SmallCap Market should offer increased visibility for trading in Morton's common stock and, hopefully, trading prices which are more responsive to changes in the intrinsic value of the stock. "1998 has been a year of significant business development at Morton. Morton Industrial Group was formed in January, through the combination of MLX Corp. and Morton Metalcraft Co. We have successfully completed four acquisitions which established our Contract Plastics Division and significantly bolstered our Contract Fabrication Division. We expect the move to the Nasdaq SmallCap Market will benefit our stockholders through increased visibility and liquidity. "The acceptance for listing on the Nasdaq SmallCap also stands as acknowledgment of the efforts of Morton's managers and employees at every level of the organization whose tireless dedication and spirit have been the mortar with which our new business foundation has been formed. To them, and the Board of Directors who have guided our effort, we say congratulations and thank you." Morton Industrial Group, Inc. ("Morton" or the "Company") is a supplier of both high-quality metal fabricated and plastic component parts and subassemblies for the off-highway Construction, Agricultural and Industrial Equipment markets. Its annual revenues are approaching $175 million. It provides large original equipment manufacturers (OEMs) with a wide range of services including design, prototype development, precision tool making and production of both metal fabricated and plastic component parts. Additional services provided by Morton include painting, subassembly, packaging, warehousing and just-in-time delivery to customers' production lines. Over a five-year period, from 1993 to 1997, Morton's sales have grown at an average annual compounded rate of approximately 25 percent. # # # EX-99.2 3 EXHIBIT 99.2 1 EXHIBIT NO. 99.2 CONTACT: William D. Morton Van Negris / Philip J. Denning Morton Industrial Group, Inc. Kehoe, White, Van Negris & Company, Inc. (309) 263-3300 (212) 396-0606 FOR IMMEDIATE RELEASE DARYL LINDEMANN ASSUMES EXPANDED RESPONSIBILITIES AND BECOMES VICE PRESIDENT OF BUSINESS DEVELOPMENT AND ACQUISITIONS; THOMAS D. LAUERMAN JOINS MORTON INDUSTRIAL GROUP AS VICE PRESIDENT OF FINANCE MORTON, IL -- sEPtEMBER 14, 1998 -- Morton Industrial Group, Inc. (NASDAQ:MGRP), a leading contract manufacturing supplier to the Construction, Agricultural and Industrial Equipment Manufacturers, today announced that Daryl Lindemann, in an expansion of responsibilities, has become Vice President of Business Development and Acquisitions and that Thomas D. Lauerman has joined the Company as Vice President of Finance and Treasurer. Mr. Lindemann continues as Secretary of the Company. William D. Morton, Chairman, President and Chief Executive Officer of Morton Industrial Group, Inc., stated: "I am pleased that Daryl Lindemann has agreed to take on the substantial challenges and expanded responsibilities of Vice President of Business Development and Acquisitions, where he will be reporting to me. Daryl and I, having worked closely together on our past four acquisitions, will be concentrating on developing new opportunities for Morton." "We are pleased to welcome Tom Lauerman to the Morton Industrial Group team," said Mr. Morton. "Tom brings valuable experience in the Finance and Administrative functions at an important stage in the implementation of our growth plan. He shares our vision of improving total shareholder value and his experience and his knowledge of the financial markets will prove to be an invaluable resource." Mr. Lindemann, 44, has served as Vice President of Finance, Secretary and Treasurer of Morton Industrial Group, Inc. since 1990. Prior to joining Morton, he was Vice President of Finance and Systems Corporate Officer of Hamilton Industries, Inc., a leading manufacturer of laboratory furniture. At Hamilton Mr. Lindemann was responsible for strategic planning, financial and operational accounting, MIS and government and key customer contract negotiations. Mr. Lindemann is a Certified Public Accountant and holds a B.S. in Accounting from the University of Illinois. - more - 2 EXHIBIT NO. 99.2 MORTON INDUSTRIAL GROUP, INC. September 14, 1998 Page 2 Mr. Lauerman, 44, has 21 years of accounting and financial analysis experience in a wide breadth of manufacturing businesses. Most recently he was Chief Financial Officer and Vice President, Administration of Rexworks, Inc., a manufacturer of environmental and construction equipment, where he was responsible for all financial and administrative functions of the company including banking, investor relations, accounting, business systems, litigation management and human resources for the company's three businesses. Mr. Lauerman is a Certified Public Accountant and holds a B.B.A. in Accounting and Finance from the University of Notre Dame. Morton Industrial Group, Inc. ("Morton" or the "Company") is a supplier of both high-quality metal fabricated and plastic component parts and subassemblies for the off-highway Construction, Agricultural and Industrial Equipment markets. Its annual revenues are approaching $175 million. It provides large original equipment manufacturers (OEMs) with a wide range of services including design, prototype development, precision tool making and production of both metal fabricated and plastic component parts. Additional services provided by Morton include painting, subassembly, packaging, warehousing and just-in-time delivery to customers' production lines. Over a five-year period, from 1993 to 1997, Morton's sales have grown at an average annual compounded rate of approximately 25 percent. # # # -----END PRIVACY-ENHANCED MESSAGE-----