-----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, T16Rci46ZXwVMUHBFVvqaziol4zwBLgJwk/st+2I+fNnM+H1EQXJ0kfAw5Hd3u5o I5JJXAgPnz+T4e/nMEtYiw== 0001157523-04-000776.txt : 20040130 0001157523-04-000776.hdr.sgml : 20040130 20040130091818 ACCESSION NUMBER: 0001157523-04-000776 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20040130 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20040130 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ROGERS CORP CENTRAL INDEX KEY: 0000084748 STANDARD INDUSTRIAL CLASSIFICATION: PLASTICS, MATERIALS, SYNTH RESINS & NONVULCAN ELASTOMERS [2821] IRS NUMBER: 060513860 STATE OF INCORPORATION: MA FISCAL YEAR END: 1229 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-04347 FILM NUMBER: 04554162 BUSINESS ADDRESS: STREET 1: P.O. BOX 188 STREET 2: ONE TECHNOLOGY DRIVE CITY: ROGERS STATE: CT ZIP: 06263-0188 BUSINESS PHONE: 8607749605 8-K 1 a4561836.txt ROGERS CORPORATION 8-K 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): January 30, 2004 ROGERS CORPORATION (Exact name of Registrant as specified in its charter) Massachusetts 1-4347 06-0513860 (State or other jurisdiction of (Commission File (I.R.S. Employer incorporation or organization) Number) Identification No.) One Technology Drive P.O. Box 188 Rogers, Connecticut 06263-0188 (Address of principal executive offices) (Zip Code) (860) 774-9605 (Registrant's telephone number, including area code) Item 5. Other Events On January 30, 2004, Rogers Corporation announced that it had entered into an agreement with KF Inc. to acquire its nitrile butadiene rubber float business. A copy of the press release is attached hereto as Exhibit 99.1. Item 7. Financial Statements and Exhibits (c) Exhibits 99.1 Press Release dated January 30, 2004 issued by Rogers Corporation. 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 hereunto duly authorized. ROGERS CORPORATION (Registrant) By /s/James M. Rutledge -------------------- James M. Rutledge Vice President, Finance and Chief Financial Officer Date: January 30, 2004 EX-99 3 a4561836ex99.txt EXHIBIT 99.1 PRESS RELEASE Exhibit 99.1 Rogers Corporation Acquires NBR Float Business in Korea ROGERS, Conn.--(BUSINESS WIRE)--Jan. 30, 2004--Rogers Corporation (NYSE:ROG) announced today that it has acquired KF Inc., headquartered in Hwasung City, Korea, a nitrile butadiene rubber (NBR) float business, through a stock purchase agreement of approximately $3.5 million. Last year the sales of the purchased business were approximately $3 million. KF Inc. primarily manufactures these level-sensing devices for the automotive market. Under the terms of the agreement, KF Inc. has become a wholly owned subsidiary of Rogers. Young-In Kim, current president and CEO of KF Inc., will be joining Rogers as president of KF Inc. "KF's product line of NBR floats strongly complements Rogers' technology in closed cell foams," said Dave Smith, Vice President of Rogers Elastomer Components Division (ECD). "The purchase of this business will add to our presence in worldwide markets and expand sales opportunities for existing products." Rogers NITROPHYL(R) floats are currently manufactured at Rogers Elastomer Components Divsion, located in South Windham, CT, which will be relocating to Rogers' facility in Suzhou, China, by the end of 2004. These high-performance elastomer components are custom manufactured from proprietary nitrile rubber formulations. Last year, Rogers opened a manufacturing facility for float production in Suzhou, China. NITROPHYL-M floats are used for level sensing in automobile fuel tanks and as overfill protection in gas barbeque liquid propane tanks. Walter E. Boomer, Rogers Chairman and CEO, commented, "This acquisition follows our commitment to provide the best quality products and will solidify our market position as the largest manufacturer of these types of products. This enhances our presence in the Korean and Asian markets, where currently a significant and growing portion of our float products are shipped. KF Inc. brings to Rogers technological expertise in manufacturing and engineering. It will be our Asian center for prototyping and small volume production. Additionally, KF Inc. will supply the intermediate raw material to our China operations." Rogers Corporation, headquartered in Rogers, CT, U.S.A., develops and manufactures high-performance specialty materials, which serve a diverse range of markets including: wireless communications, computers and networking, imaging, transportation and consumer. Rogers operates manufacturing facilities in Arizona, Connecticut, and Illinois in the U.S., in Gent, Belgium, in Suzhou, China, and in Korea. Sales offices are located in Japan, Hong Kong, Taiwan, Korea, China, and Singapore. Safe Harbor Statement Statements in this news release that are not strictly historical may be deemed "forward-looking" statements which should be considered as subject to the many uncertainties that exist in the Company's operations and environment. These uncertainties, which include economic conditions, market demand and pricing, competitive and cost factors, and the like, are incorporated by reference in the Rogers Corporation 2002 Form 10-K filed with the Securities and Exchange Commission. Such factors could cause actual results to differ materially from those in the forward-looking statements. Web site: http://www.rogerscorporation.com CONTACT: Editorial and Investor Contact: Rogers Corporation Edward J. Joyce, 860-779-5705 edward.joyce@rogerscorporation.com -----END PRIVACY-ENHANCED MESSAGE-----