0001104659-10-036970.txt : 20100702 0001104659-10-036970.hdr.sgml : 20100702 20100702163205 ACCESSION NUMBER: 0001104659-10-036970 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20100630 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20100702 DATE AS OF CHANGE: 20100702 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HAYNES INTERNATIONAL INC CENTRAL INDEX KEY: 0000858655 STANDARD INDUSTRIAL CLASSIFICATION: STEEL WORKS, BLAST FURNACES & ROLLING & FINISHING MILLS [3310] IRS NUMBER: 061185400 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33288 FILM NUMBER: 10936568 BUSINESS ADDRESS: STREET 1: 1020 WEST PARK AVE STREET 2: PO BOX 9013 CITY: KOKOMO STATE: IN ZIP: 46904 BUSINESS PHONE: 3174566005 MAIL ADDRESS: STREET 1: 1020 WEST PARK AVE CITY: KOKOMO STATE: IN ZIP: 46904-9013 8-K 1 a10-13602_18k.htm 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): June 30, 2010

HAYNES INTERNATIONAL, INC.

(Exact name of registrant as specified in
its charter)

Delaware

001-33288

06-1185400

(State or other
jurisdiction of
incorporation or
organization)

(Commission File
Number)

(I.R.S. Employer
Identification No.)

1020 West Park Avenue

Kokomo, Indiana

46904-9013

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code: (765) 456-6000

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(17CFR240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17CFR240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17CFR240.13e-4(c))

The information in this Form 8-K is being furnished and shall not be deemed “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in this Form 8-K shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended.

Item 7.01. Regulation FD Disclosure

A. Haynes International, Inc. (the “Company”) announced on June 30, 2010, that the Company reached a tentative three-year agreement with the leadership of the United Steelworkers Local 2958 (the “USW”). The agreement covers approximately 454 employees at the Company’s Kokomo, Indiana plant and the Lebanon, Indiana service center. Before it becomes effective, the tentative agreement must be ratified by the USW membership. The USW has informed the Company that it will take the tentative agreement to its membership for a ratification vote on Thursday, July 1, 2010. Until the ratification process is complete, the employees continue to work under the existing collective bargaining agreement.

A copy of the press release issued by the Company is attached to this Form 8-K as Exhibit 99.1.

B. The Company announced on July 1, 1010, that membership of the United Steelworkers Local 2958 has ratified the collective bargaining agreement. The new three-year agreement includes a lump sum payout of $4,000 for covered employees and wage increases of 2.0% in 2011 and 2012. This agreement succeeds an existing agreement that expired June 30, 2010.

A copy of the press release issued by the Company is attached to this Form 8-K as Exhibit 99.2.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

99.1 Haynes International, Inc. press release, issued June 30, 2010.

99.2 Haynes International, Inc. press release, issued July 1, 2010.

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 hereunto duly authorized.

	Haynes International, Inc.


Date: July 2, 2010	By:	/s/ MARCEL MARTIN

	Marcel Martin
	Vice President, Finance and Chief Financial Officer

EX-99.1 2 a10-13602_1ex99d1.htm EX-99.1

Exhibit 99.1

NEWS RELEASE

FOR IMMEDIATE RELEASE	Contact:	Jean C. Neel

		Vice President — Corporate Affairs

		Haynes International, Inc.

		765-456-6489

HAYNES INTERNATIONAL, INC. AND USW REACH TENTATIVE LABOR AGREEMENT

KOKOMO, IN, June 30, 2010 — Haynes International, Inc. (Nasdaq: HAYN) announced today that the Company has reached a tentative three-year agreement with the leadership of the United Steelworkers Local 2958 (USW). The agreement covers approximately 454 employees at the Company’s Kokomo, Indiana plant and the Lebanon, Indiana service center. Before it becomes effective, the tentative agreement must be ratified by the USW membership. The USW has informed the Company that it will take the tentative agreement to its membership for a ratification vote on Thursday, July 1, 2010. Until the ratification process is complete, the employees will continue to work under the existing collective bargaining agreement.

“We are very pleased to have a tentative agreement,” Jean C. Neel, Vice President — Corporate Affairs said. “We think that the agreement is fair to employees and also addresses issues that are important to the Company, as well as our customers and shareholders.”

About Haynes International

Haynes International, Inc. is a leading developer, manufacturer and marketer of technologically advanced, high performance alloys, primarily for use in the aerospace, land-based gas turbine and chemical processing industries.

Cautionary Note Regarding Forward-Looking Statements

This news release may contain statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Those statements may include, but are not limited to, statements regarding the intent, belief or current expectations of the Company or its management with respect to the USW’s ratification of the labor contract; strategic plans; revenues; financial results; global economic and political conditions; and production levels at the Company’s Kokomo, Indiana facility. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of various factors, many of which are beyond the Company’s control.

The Company has based these forward-looking statements on its current expectations and projections about future events. Although the Company believes that the assumptions on which the forward-looking statements contained herein are based are reasonable, any of those assumptions could prove to be inaccurate. As a result, the forward-looking statements based upon those assumptions also could be incorrect. Risks and uncertainties, some of which are discussed in Item 1A. of Part 1 to the Company’s Annual Report on Form 10-K for the fiscal year ended September 30, 2009, may affect the accuracy of forward-looking statements.

The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

EX-99.2 3 a10-13602_1ex99d2.htm EX-99.2

Exhibit 99.2

NEWS RELEASE

FOR IMMEDIATE RELEASE	Contact:	Jean C. Neel

		Vice President — Corporate Affairs

		Haynes International, Inc.

		765-456-6489

HAYNES INTERNATIONAL, INC. ANNOUNCES RATIFICATION OF LABOR AGREEMENT

KOKOMO, IN, July 1, 2010 — Haynes International, Inc. (Nasdaq: HAYN) announced today that membership of the United Steelworkers Local 2958 has ratified an agreement covering approximately 454 employees at the Company’s Kokomo, Indiana plant and the Lebanon, Indiana service center.

“We are very pleased that the local union has ratified this new contract,” said Mark Comerford, President and Chief Executive Officer of the Company. “We believe that this was a successful negotiation process, with contributions by both sides. With this agreement in place, we look forward to focusing our energy and efforts on meeting the needs of our customers and working together to build a strong future for our company.”

“This agreement was the result of a lot of hard work on the part of everyone involved,” said Jean C. Neel, Vice President — Corporate Affairs. “We are very pleased that our employees have shown their strong support for the agreement. It represents a true effort to collaboratively address the needs of the employees, while also addressing the costs and other concerns that our Company faces in today’s challenging market conditions.”

The Company and the Union reached a tentative agreement early Wednesday. The new three-year agreement includes a lump sum payout of $4,000 for covered employees and wage increases of 2.0% in 2011 and 2012. This agreement succeeds an existing agreement that expired June 30, 2010.

About Haynes International

Cautionary Note Regarding Forward-Looking Statements

The Company has based these forward-looking statements on its current expectations and

projections about future events. Although the Company believes that the assumptions on which the forward-looking statements contained herein are based are reasonable, any of those assumptions could prove to be inaccurate. As a result, the forward-looking statements based upon those assumptions also could be incorrect. Risks and uncertainties, some of which are discussed in Item 1A. of Part 1 to the Company’s Annual Report on Form 10-K for the fiscal year ended September 30, 2009, may affect the accuracy of forward-looking statements.

The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.