-----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, RyAOQvmgA22HzcpO8fQ+PteuVbXKEmI69qr1cC2sJDzaci6HjfCjRWRSfM1QafqH N8O7jvbGGX6VXMO4TS4LVA== 0000950109-96-003376.txt : 19960525 0000950109-96-003376.hdr.sgml : 19960525 ACCESSION NUMBER: 0000950109-96-003376 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19960516 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19960524 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: OPTA FOOD INGREDIENTS INC /DE CENTRAL INDEX KEY: 0000883326 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMMERCIAL PHYSICAL & BIOLOGICAL RESEARCH [8731] IRS NUMBER: 043117634 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-19811 FILM NUMBER: 96572078 BUSINESS ADDRESS: STREET 1: 25 WIGGINS AVE CITY: BEDFORD STATE: MA ZIP: 01730 BUSINESS PHONE: 6172765100 MAIL ADDRESS: STREET 1: 25 WIGGINS AVENUE CITY: BEDFORD STATE: MA ZIP: 01730 8-K 1 FORM 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): MAY 16, 1996 ------------ OPTA FOOD INGREDIENTS, INC. --------------------------- (Exact name of Registrant as Specified in its Charter) Delaware 0-19811 04-3117634 ------------------------------- ------------ ------------------- (State or other jurisdiction of (Commission (I.R.S. Employer incorporation or organization) File Number) Identification No.) 25 Wiggins Avenue, Bedford, Massachusetts 01730 ------------------------------------------------ (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (617) 276-5100 -------------- ITEM 5. OTHER EVENTS. - ------- ------------- On May 16, 1996, the Registrant publicly disseminated a press release announcing that the Registrant had purchased a 35,000 square foot multi-purpose manufacturing facility in Galesburg, Illinois from A.E. Staley Manufacturing Company for an undisclosed amount. The information contained in the press release is incorporated herein by reference and filed as Exhibit 99.1 hereto. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. - ------- ---------------------------------- (c) Exhibits. 99.1 The Registrant's press release dated May 16, 1996 SIGNATURES Pursuant to the requirements of Section 13 or Section 15(d) of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. OPTA FOOD INGREDIENTS, INC. Date: May 21, 1996 By: /s/ Thomas J. Trometer ------------------------------------ Thomas J. Trometer Vice President Finance and Treasurer EX-99.1 2 REGISTRANT'S PRESS RELEASE EXHIBIT 99.1 Contact: Lewis C. Paine, III Chairman and CEO Opta Food Ingredients, Inc. (617) 276-5100 FOR IMMEDIATE RELEASE OPTA FOOD INGREDIENTS PURCHASES MANUFACTURING FACILITY ---- Significantly Increases Capacity For Fat Replacers ---- BEDFORD, MA, May 16, 1996 -- Opta Food Ingredients, Inc. (Nasdaq:OPTS) announced today that it purchased a 35,000 square foot multi-purpose manufacturing facility in Galesburg, Illinois from A.E. Staley Manufacturing Company for an undisclosed amount. The facility will be renovated and it is anticipated that it will be operational in 1997. When fully operative the plant is expected to significantly increase the Company's production capacity for its current starch-based food ingredients, including OptaGrade, a texturizing agent used to replace up to 100% of the fat in a variety of foods. The plant will also be used to scale up commercial quantities of ingredients from new and licensed technologies. Opta Food Ingredients, Inc. is a fully integrated developer, manufacturer and marketer of proprietary food ingredients. Its products are used by consumer food companies and food service companies to improve the nutritional content, healthfulness and taste of their food products. Opta's proprietary and patented products include OptaGrade; Opta Oat Fibers, a line of functional texturizing agents that can also be used to increase dietary fiber in baked goods; and CrystaLean, a starch-based bulking agent designed to enhance crispness and increase fiber in baked goods and extruded products. In addition, the Company has a portfolio of products and technologies that are currently under development. Opta's food ingredients are used in applications by leading food companies, including 5 of the 10 largest U.S. consumer packaged food companies and the world's largest food service company. The Company was recently sited by Inc. magazine as one of America's fastest growing small public companies. - --- (more) Opta Purchases Manufacturing Facility/2 NOTE: This news release may contain forward-looking statements based on current management expectations. Factors which could cause actual results to differ from these expectations include the size and timing of significant orders, as well as deferral of orders, over which the Company has no control; the extended product testing cycles of the Company's potential customers; the variation of the Company's sales cycles from customer to customer; increased competition posed by food ingredient manufacturers; changes in pricing policies by the Company and its competitors; possible delays in securing production equipment and retrofitting the production facilities; the Company's success in expanding its sales and marketing programs and its ability to gain increased market acceptance for its existing product lines; the Company's ability to timely develop and introduce new products in its pipeline at acceptable costs; the potential for significant quarterly variations in the mix of sales among the Company's products; and general economic conditions. 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