-----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, SLHZ5mUIGIS6rKNWWjM0YYjyMYcAi31POaWD8n6MFZ0CddE3eQ0JC/bSJmE+21PV SaM9eIai1boBWbKxApYFYw== 0000760775-97-000051.txt : 19970327 0000760775-97-000051.hdr.sgml : 19970327 ACCESSION NUMBER: 0000760775-97-000051 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19970320 ITEM INFORMATION: Other events FILED AS OF DATE: 19970326 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: WLR FOODS INC CENTRAL INDEX KEY: 0000760775 STANDARD INDUSTRIAL CLASSIFICATION: POULTRY SLAUGHTERING AND PROCESSING [2015] IRS NUMBER: 541295923 STATE OF INCORPORATION: VA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-17060 FILM NUMBER: 97563618 BUSINESS ADDRESS: STREET 1: P O BOX 7000 CITY: BROADWAY STATE: VA ZIP: 22815 BUSINESS PHONE: 7038674001 MAIL ADDRESS: STREET 1: 800 CO OP DRIVE CITY: TIMBERVILLE STATE: VA ZIP: 22853 FORMER COMPANY: FORMER CONFORMED NAME: WAMPLER LONGACRE ROCKINGHAM INC DATE OF NAME CHANGE: 19881114 FORMER COMPANY: FORMER CONFORMED NAME: WAMPLER LONGACRE INC DATE OF NAME CHANGE: 19880209 8-K 1 FORM 8-K SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15d of the Securities and Exchange Act of 1934 --------------------------- Date of Report (Date of earliest event reported) March 20, 1997 WLR Foods, Inc. (Exact name of registrant as specified in its charter) Virginia 0-17060 54-1295923 (State of (Commission File (IRS Employer Iden- Incorporation) Number) tification No.) P.O. Box 7000 22815 Broadway, Virginia (Zip Code) (Address of Principal executive offices) (540) 896-7001 (Registrant's telephone number, including area code) Item 5. Other Events On March 20, 1997, the company made the announcement in the Press Release at Exhibit 99. EXHIBITS Exhibit 99 Press Release dated March 20, 1997 1 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. WLR Foods, Inc. By:__/s/_James L. Keeler____________ James L. Keeler President and Chief Executive Officer 2 EX-99 2 EXHIBIT 99 PRESS RELEASE Exhibit 99 FOR IMMEDIATE RELEASE Analyst Contact: Stanley H. Gray, Director of Investor Relations 540-896-7001 Media Contact: Gail Price, Director of Corporate Communication 704-624-2171 WLR FOODS ANNOUNCES COMMON STOCK DIVIDEND, CHICKEN EXPANSION AND NORTH CAROLINA TURKEY REDUCTION Broadway, Virginia, March 20, 1997 The Board of Directors of WLR Foods, Inc. (NASDAQ: WLRF) declared a stock dividend to be distributed on May 2, 1997 to its shareholders of record as of April 11, 1997. In lieu of the regular cash dividend, this dividend will be paid in stock with .00525 shares being distributed for each share of common stock outstanding on the record date. Based on yesterday s market close, the estimated value of the stock dividend will be equivalent in value to a $0.06 per share cash dividend. In addition, the company announced plans to increase its total chicken output by approximately 10% through the expansion of its Goldsboro, North Carolina chicken complex. Production will be gradually increased to meet the normally higher demand expected this summer. When the project is ultimately completed during the first half of 1998, the capacity at this complex will have been doubled to 650,000 birds per week. During the expansion, the company expects to add more than 100 poultry houses and increase employment at the complex from the current 400 to nearly 700 people. The company also announced that it is reducing turkey production in its Marshville, North Carolina complex where Poult Enteritis Mortality Syndrome (PEMS) has dramatically affected flock performance. With the assistance of various experts on PEMS, the company has developed a plan to contain the impact and spread of the disease by reducing turkey density in the Union County area and intensifying biosecurity and management practices. While the company aggressively encourages and participates in continued research directed at a diagnosis and cure, it is reducing density by suspending placements on the turkey farms most severely affected by disease until a solution can be found. WLR Foods is a fully integrated provider of high quality turkey and chicken products primarily under the Wampler Foods(R) label and retail ice under the Cassco(R) label. This $1 billion sales company is nationally ranked as the seventh largest poultry processor by sales volume and has processing operations in Virginia, North Carolina, West Virginia, and Pennsylvania, close to its major mid-Atlantic markets. ### -----END PRIVACY-ENHANCED MESSAGE-----