0001354488-13-001482.txt : 20130326 0001354488-13-001482.hdr.sgml : 20130326 20130326133222 ACCESSION NUMBER: 0001354488-13-001482 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20130326 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20130326 DATE AS OF CHANGE: 20130326 FILER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL PRESTO INDUSTRIES INC CENTRAL INDEX KEY: 0000080172 STANDARD INDUSTRIAL CLASSIFICATION: ORDNANCE & ACCESSORIES, (NO VEHICLES/GUIDED MISSILES) [3480] IRS NUMBER: 390494170 STATE OF INCORPORATION: WI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-02451 FILM NUMBER: 13716230 BUSINESS ADDRESS: STREET 1: 3925 N HASTINGS WAY CITY: EAU CLAIRE STATE: WI ZIP: 54703 BUSINESS PHONE: 7158392121 MAIL ADDRESS: STREET 1: 3925 N HASTINGS WAY CITY: EAU CLAIRE STATE: WI ZIP: 54703 FORMER COMPANY: FORMER CONFORMED NAME: NATIONAL PRESSURE COOKER CO DATE OF NAME CHANGE: 19710509 8-K 1 npk_8k.htm CURRENT REPORT npk_8k.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 26, 2013
______________________

 
NATIONAL PRESTO INDUSTRIES, INC.
(Exact name of registrant as specified in charter)
 
______________________
 
Wisconsin
1-2451
 
39-0494170
(State or other jurisdiction of incorporation or organization)
 
(Commission File No.)
 
(IRS Employer Identification No.)
 
3925 North Hastings Way, Eau Claire, Wisconsin 54703-3703
(Address of principal executive offices)
 
715-839-2121
(Registrant’s telephone number, including area code)
 
N/A
(Former Name and Address)
 
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:
 
 
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))
 
 


 
 
 
 
Item 8.01  Other Events

    The Registrant announced on March 26, 2013 that on March 26, 2013, AMTEC Corporation, its wholly owned subsidiary, received an option award under AMTEC’s current five-year 40mm systems contract with the Department of the Army.

    A press release describing the award is attached as Exhibit 99.1.

 
1

 
Item 9.01  Financial Statements and Exhibits

(d) Exhibits
 
Exhibit No.      Description
99.1 Press Release of National Presto Industries, Inc. dated March 26, 2013.
 
     
    Forward looking statements in this Form 8-K are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. There are certain important factors that could cause results to differ materially from those anticipated by some of the statements made herein. Investors are cautioned that all forward looking statements involve risks and uncertainty. In addition to the factors discussed above, among the other factors that could cause actual results to differ materially are the following: government defense spending and defense requirements; termination for the convenience of the government; interest rates; continuity of relationships with and purchases by the United States Government and other major customers; unexpected problems or events experienced by subcontractors, team members, or their respective suppliers or subcontractors; product mix; competitive pressure on pricing; increases in material, freight/shipping, labor or other production costs that cannot be recouped through pricing; and such other factors as may be described from time to time in the Registrant’s SEC filings.


 
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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, thereunto duly authorized.

 
 
NATIONAL PRESTO INDUSTRIES, INC.
 
       
Date: March 26, 2013
By:
/s/ Maryjo Cohen  
    Maryjo Cohen  
   
President and Chief Executive Officer
 
       

EX-99.1 2 npk_ex991.htm PRESS RELEASE npk_ex991.htm
EXHIBIT 99.1
 
Presto®
Tel.  715-839-2121
National Presto Industries, Inc.  Fax. 715-839-2148
Eau Claire, WI  54703-3703  715-839-2122
   715-839-2242
 
 
 NEWS RELEASE  CONTACT:   Randy Lieble
FOR IMMEDIATE RELEASE  (715) 839-2164
 
 
NATIONAL PRESTO INDUSTRIES, INC. ANNOUNCES
 DEFENSE CONTRACT OPTION AWARD FOR FY13

Eau Claire, Wisconsin (March 26, 2013) — National Presto Industries, Inc. (NYSE: NPK) today announced that on March 26, 2013, AMTEC Corporation, its wholly owned subsidiary, received a $64.5 million option award under AMTEC’s current five-year 40mm systems contract with the Department of the Army.  This is the first significant award it has received for the government’s fiscal year ending September 30, 2013 (FY13) and additional awards are anticipated.  Unlike prior years, when the award was split between AMTEC and its competitor, the entire amount placed under contract for FY13 has been awarded to AMTEC.
 
        Deliveries under the option are scheduled primarily in 2014 and 2015.  The option brings the cumulative amount awarded under the ongoing 40mm contract to $477.8 million.

National Presto Industries, Inc. operates in three business segments.  The Housewares/ Small Appliance Segment designs and sells small household appliances and pressure cookers under the PRESTO® brand name, and is recognized as an innovator of new products.  The Defense Segment manufactures a variety of products, including medium caliber training and tactical ammunition, energetic ordnance items, fuzes, cartridge cases, less than lethal munitions and less than lethal accessory equipment.  The Absorbent Products Segment is primarily engaged in the manufacture of private label adult incontinence products.

This release contains “forward looking statements” made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995 that are subject to certain risks and uncertainties, as well as assumptions, that could cause actual results to differ materially from historical results and those presently anticipated or projected.  In addition to the factors discussed above, other important risk factors are delineated in the Company’s various SEC filings.