8-K

UNITED STATES
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):
February 3, 2004

ENCORE WIRE CORPORATION

(Exact name of Registrant as specified in its charter)

Delaware	0-20278	75-2274963
(State or other jurisdiction of incorporation or organization)	Commission File Number	(I.R.S. Employer Identification No.)
1410 Millwood Road McKinney, Texas		75069
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (972) 562-9473

(Former name, former address and former fiscal year, if changed since last report)

TABLE OF CONTENTS

	Item 7. Financial Statements and Exhibits.
	Item 9. Regulation FD Disclosure.
SIGNATURE
INDEX TO EXHIBITS
Press Release

Item 7. Financial Statements and Exhibits.

(c) Exhibits.

99.1 February 3, 2004 Press Release by Encore Wire Corporation regarding an expansion of its McKinney, Texas distribution center.

Item 9. Regulation FD Disclosure.

     On February 3, 2004, Encore Wire Corporation, a Delaware corporation (the “Company”), issued a press release announcing a planned expansion of its McKinney, Texas distribution center. A copy of the Company’s press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

     Limitation on Incorporation by Reference:

     In accordance with general instruction B.2 of Form 8-K, the information in this report, including exhibits, is furnished pursuant to Item 9 and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liability of that section.

SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	ENCORE WIRE CORPORATION
Date: February 3, 2004	By:	/s/ FRANK J. BILBAN
		Frank J. Bilban, Vice President – Finance, Treasurer and Secretary; Chief Financial Officer

INDEX TO EXHIBITS

Item	Exhibit
99.1	February 3, 2004 Press Release by Encore Wire Corporation regarding an expansion of its McKinney, Texas distribution center.

EX-99.1 3 d12349exv99w1.htm PRESS RELEASE

EXHIBIT 99.1

[Encore Wire Corporation Logo Omitted]

Encore Wire Corporation
1410 Millwood Road
McKinney, Texas 75069
972-562-9473 PRESS RELEASE February 3, 2004

Contact: Frank J. Bilban
Vice President & CFO

For Immediate Release

ENCORE WIRE ANNOUNCES DISTRIBUTION CENTER EXPANSION

MCKINNEY, TX — Encore Wire Corporation (NASDAQ/NMS: WIRE) today reported that the Company will soon break ground on an expansion of its distribution center at its McKinney, Texas location. The expansion will add approximately 162,000 square feet to the present distribution center’s 265,000 square feet. The expenditures for this project, including related expansion and upgrades of railroad and road access to Encores’ McKinney complex will total approximately $6.5 million. The majority of these expenditures will be made in 2004. The distribution center expansion is part of the Company’s’ capital expenditure plan for 2004 that will also include the purchase of certain manufacturing equipment to address bottlenecks in the production process. Total capital expenditures for the year are estimated in the $15 to $18 million range.

Commenting on the announcement, Vincent A. Rego, Company Chairman and CEO remarked, “Encore Wire has experienced steady growth throughout its history that has accelerated in 2003. Our distribution center has become crowded over the past two to three years. We addressed this over a year ago by re-configuring the racks that product is stored in and adding approximately 30% capacity to the existing floor space. With our continued growth, it has become necessary to add more floor space to enable us to maintain the outstanding level of prompt order fill rates that our customers have come to expect. In conjunction with this project we will make the necessary upgrades to the rail and road access into our complex to provide for this project and potential future growth. We will also be adding to our machinery base in selected areas where production bottlenecks have surfaced over the last year. This new equipment will be installed in our existing production plants and will address the bottlenecks to allow us to meet the increased demand for our products. As our recent press release regarding our expanded line of credit with a larger bank syndicate indicated, we have put into place financing capable of funding these capital expenditures as well as our growing working capital needs. We will continue to manage the Company for the long term, and will make capital improvements to allow for sustained growth, while ensuring our balance sheet remains strong.”

Encore Wire Corporation manufactures a broad range of electrical wire for interior wiring in homes, apartments, manufactured housing and commercial and industrial buildings.

The matters discussed in this news release, other than the historical financial information, including statements about the copper pricing environment, profitability and shareholder value, may include forward-looking statements that involve risks and uncertainties, including fluctuations in the price of copper and other raw materials, the impact of competitive pricing and other risks detailed from time to time in the Company’s reports filed with the Securities and Exchange Commission. Actual results may vary materially from those anticipated.

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EX-99.1

exv99w1