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SECURITIES AND EXCHANGE
COMMISSION FORM 8-K CURRENT REPORT May 2, 2003 ROCK OF AGES CORPORATION Delaware 0-29464 772 Graniteville Road, Graniteville, Vermont
05654 (Registrant's Telephone Number, Including Area
Code) (802) 476-3121 NONE
ROCK OF AGES CORPORATION FORM
8-K ITEM 5. OTHER
EVENTS. On May 2, 2003 the Registrant announced that employees
represented by
Local #4 of the United States Steelworkers Union at its Barre, Vermont
manufacturing plant who have been on strike since Monday, April 28, 2003 voted
on the evening of May 1, 2003 to ratify a new
three-year contract with the Company. As a result of the ratification, most
employees of the Company's Barre manufacturing plant are expected back to work
today. The Company expects no material delays of shipments of quarried or
manufactured products at its Vermont operations other than shipments originally
scheduled for this week and next week. In addition, the four day strike is
not expected to have a material adverse effect on the financial results of Rock
of Ages' Vermont operations for the year. The foregoing is qualified in its
entirety by a press release dated May 2, 2003, a copy of which is attached
hereto as Exhibit 99.1 and is incorporated herein by reference. ITEM 7. FINANCIAL
STATEMENTS AND EXHIBITS. - 2 - ROCK OF AGES
CORPORATION FORM
8-K
Washington, D.C. 20549
PURSUANT TO SECTION 13 OR 15(d)
OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
(Exact name of registrant as specified in its
charter)
(State or
Other Jurisdiction of
Incorporation)
(Commission File Number)
03-0153200
(I.R.S. Employer Identification
Number)
(Address of Principal Executive
Office)
(Zip Code)
(Former Name
or Former Address, if Changed Since Last Report)
(c)
Exhibits
Exhibit 99.1 - Press Release issued by Rock of Ages
Corporation on May 2, 2003.
Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
ROCK OF AGES CORPORATION
Dated: May 2, 2003 |
By: /s/Michael Tule Michael Tule Vice President/General Counsel |
-3-
EXHIBIT INDEX
Exhibit Number | Description |
99.1 | Press Release issued by Rock of Ages Corporation on May 2, 2003. |
- 4 -
EXHIBIT 99.1
Rock of Ages FOR IMMEDIATE RELEASE |
Investor
Contact: |
Company
Contact: |
Rock of Ages Announces
Settlement of Strike at Vermont Plant
CONCORD, NEW HAMPSHIRE, May 2, 2003 . . . ROCK OF AGES CORPORATION (NASDAQ/NMS:ROAC) today announced that employees represented by Local #4 of the United States Steelworkers Union at its Barre, Vermont manufacturing plant who have been on strike since Monday, April 28, 2003 voted yesterday evening to ratify a new three year contract with the Company. As a result, most employees of the Company's Barre manufacturing plant are expected to report back to work today, including the employees represented by the Granite Cutters Association who had previously ratified the contract but were honoring the Steelworker's picket lines. The Company's quarry workers, who are also represented by the Steelworkers and had ratified a contract last weekend, returned to work Wednesday, April 30, 2003.
Michael B. Tule, Vice President and General Counsel, said that the Company expects no material delays of shipments of quarried or manufactured products at its Vermont operations other than shipments originally scheduled for this week and next week. He also said that the four day strike is not expected to have a material adverse effect on the financial results of Rock of Ages' Vermont operations for the year. "There was no change in the contract ratified yesterday from the contract originally proposed and originally rejected by this bargaining unit last weekend, " Tule said. "We are pleased to have all our Vermont union employees now back at work."
About Rock of Ages
Rock of Ages (www.RockofAges.com) is the largest integrated granite quarrier, manufacturer and retailer of finished granite memorials and granite blocks for memorial use in North America.
Forward-Looking Statements
This press release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about the Company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements.