0001437749-17-016329.txt : 20170925 0001437749-17-016329.hdr.sgml : 20170925 20170925172130 ACCESSION NUMBER: 0001437749-17-016329 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 5 CONFORMED PERIOD OF REPORT: 20170925 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20170925 DATE AS OF CHANGE: 20170925 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ALPHA PRO TECH LTD CENTRAL INDEX KEY: 0000884269 STANDARD INDUSTRIAL CLASSIFICATION: ORTHOPEDIC, PROSTHETIC & SURGICAL APPLIANCES & SUPPLIES [3842] IRS NUMBER: 631030494 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15725 FILM NUMBER: 171100479 BUSINESS ADDRESS: STREET 1: 60 CENTURIAN DR STREET 2: SUITE 112 CITY: MARKHAM ONTARIO CANA STATE: A6 ZIP: L3R9R2 BUSINESS PHONE: 9054790654 MAIL ADDRESS: STREET 1: 60 CENTURION DR STREET 2: STE 112 CITY: MARKHAM ON STATE: A6 ZIP: L3R9R2 FORMER COMPANY: FORMER CONFORMED NAME: BFD INDUSTRIES INC DATE OF NAME CHANGE: 19930328 8-K 1 apt20170925_8k.htm FORM 8-K apt20170925_8k.htm

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): September 25, 2017

 

ALPHA PRO TECH, LTD.

(Exact Name of Registrant as Specified in Charter)

 

Delaware

01-15725

63-1009183

(State or Other Jurisdiction of

Incorporation)

(Commission File Number)

(I.R.S. Employer

Identification No.)

 

60 Centurian Drive, Suite 112

Markham, Ontario

 

L3R 9R2

(Address of Principal Executive Offices)

(Zip Code)

 

(905) 479-0654

(Registrant’s telephone number, including area code)

 

N/A

(Former Name or Former Address, if Changed Since Last Report)

 

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:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).          Emerging growth company     ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.                     ☐

 

 

 

 

 

Item 8.01              Other Events.

 

On September 25, 2017, Alpha Pro Tech, Ltd. (the “Company”) issued a press release announcing the launch of a new product line of house wrap, REX™ Wrap Fortis with JX ALTA 360° Drainage Technology™. A copy of the press release is attached hereto as Exhibit 99.1.

 

Item 9.01.              Financial Statements and Exhibits.

 

(d)  Exhibits    
       
 

Exhibit Number

 

Exhibit

       
 

99.1

 

Press Release dated September 25, 2017

 

Forward-Looking Statements

 

Certain statements made in this Current Report on Form 8-K constitute “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include any statement that may predict, forecast, indicate or imply future results, performance or achievements instead of historical facts and may be identified generally by the use of forward-looking terminology and words such as “expects,” “anticipates,” “estimates,” “believes,” “predicts,” “intends,” “plans,” “potentially,” “may,” “continue,” “should,” “will” and words of similar meaning. Without limiting the generality of the preceding statement, all statements in this Current Report on Form 8-K relating to estimated and projected earnings, margins, costs, expenditures, cash flows, sources of capital, growth rates, opportunities for product growth and future financial and operating results are forward-looking statements. The Company cautions investors that any such forward-looking statements are only estimates based on current information and involve risks and uncertainties that may cause actual results to differ materially from the results contained in the forward-looking statements. The Company cannot give assurances that any such statements will prove to be correct. Factors that could cause actual results to differ materially from those estimated by the Company include the risks, uncertainties and assumptions described from time to time in the Company’s public releases and reports filed with the Securities and Exchange Commission, including, but not limited to, the Company’s most recent Annual Report on Form 10-K. The Company also cautions investors that the forward-looking information described herein represents the Company’s outlook only as of this date, and the Company undertakes no obligation to update or revise any forward-looking statements to reflect events or developments after the date of this press release. Given these uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results.

  

 

 

 

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.

 

 

 

 

ALPHA PRO TECH, LTD.

 

 

 

 

 

Date: September 25, 2017       

By:

/s/ Colleen McDonald

 

 

 

Colleen McDonald

 

 

 

Chief Financial Officer

 

        

EX-99.1 2 ex_95945.htm EXHIBIT 99.1 ex_95945.htm

Exhibit 99.1

 

 

 

Alpha Pro Tech to Launch New REX™ Fortis House Wraps with Revolutionary JX ALTA 360 Drainage Technology™

 

 

Nogales, Arizona, September 25, 2017 — Alpha Pro Tech, Ltd. (NYSE American, NYSE MKT: APT), a leading manufacturer of products designed to protect people, products and environments, including disposable protective apparel and building products, today announced that Alpha ProTech Engineered Products, Inc. has signed an exclusive contract with JX Nippon ANCI, Inc., a manufacturer and seller of nonwoven mesh fabrics, to launch REX™ Wrap Fortis House Wraps with JX ALTA 360° Drainage Technology, a line of house wrap utilizing the revolutionary JX ALTA 360⁰ drainage technology. The new product line will be marketed by APT and JX Nippon ANCI, Inc. The exclusive agreement covers North America, parts of the Caribbean and Belize through 2020, as well as automatic extensions for two year periods provided that certain sales forecast are attained.

 

With its one-of-a-kind construction, REX™ Wrap Fortis with JX ALTA 360° Drainage Technology™ uniquely enables the drainage of water in EVERY direction to protect buildings from the elements exponentially better than a traditional housewrap while decreasing job site material waste, simplifying installation to reduce labor and carrying fewer products. The line comes in three variations; High-P, for those climates needing a high permeability product, Low-P, for those climates needing a low permeability product and a Commercial version made specifically for large format/high rise applications that need to meet the NFPA 285 fire codes. All three products may be used as a component to an EIFS or one-coat stucco system and meet the code requirements as an air barrier as well. No other house wrap product on the market today offers this unique construction of 360° drainage technology.

 

Lloyd Hoffman, CEO of Alpha Pro Tech, commented, “Our new REX™ Wrap Fortis house wrap line provides us with a substantial opportunity in a segment of the house wrap market that we have not yet tapped into, significantly expanding the growth opportunities in our Building Supply segment. We already have commitments from building contractors to use REX™ Wrap Fortis with JX ALTA 360° Drainage Technology™ in their upcoming construction projects. The initial customer response has been extremely positive as contractors recognize the quality of the product and its unique features. As part of our commitment to our customers and shareholders, we continually look to develop and market innovative, high quality, value-added products.”

 

 

 

Alvin Everson, President of JX Nippon ANCI, Inc., commented, “The relationship with APT represents a powerful opportunity for us to extend the use of our fabrics to a line of cutting-edge products. We are excited to work with APT to offer the most technologically advanced house wraps on the market.”

 

For more information on REX™ Wrap Fortis House Wraps with JX ALTA 360Drainage Technology, visit www.alphaprotech.com or contact:

 

Bruce Hayden, SVP Sales & Marketing – Building Products          

323 South Blanchard Street

Valdosta, GA 31601

229-560-5859

bhayden@alphaprotech.com

 

About JX Nippon ANCI, Inc.

JX Nippon ANCI, Inc. (JX ANCI) is the manufacturer of CLAF®, the high valued, unique, cross laminated polyolefin mesh used in construction, packaging, paper reinforcement and numerous other applications. JX ALTA 360° Drainage Technology is a trademark of JX Nippon ANCI, Inc. JX ANCI is a member of JXTG Group. JXTG, founded in 1888 and a member of the Fortune Global 500 list for the last 23 years, is the largest energy-related company in Japan. JX ANCI has two plants located in Roanoke, AL and Dalton, GA, along with a sister plant in Narita, Japan. JXTG’s company mission is “harnessing the Earth’s power for the common good and for the day-to-day life of each individual, we will contribute to the development of our communities and help to ensure a vibrant future through creation and innovation in energy, resources, and materials.” For more information, visit: www.jxanci.com and www.hd.jxtg-group.co.jp/english

 

About Alpha Pro Tech Ltd.

Alpha Pro Tech, Ltd. is the parent company of Alpha Pro Tech, Inc. and Alpha ProTech Engineered Products, Inc. Alpha Pro Tech, Inc. develops, manufactures and markets innovative disposable and limited-use protective apparel products for the industrial, room, medical and dental markets. Alpha ProTech Engineered Products, Inc. manufactures and markets a line of construction weatherization products, including building wrap and roof underlayment. The Company has manufacturing facilities in Salt Lake City, Utah; Nogales, Arizona; Valdosta, Georgia; and a joint venture in India. For more information and copies of all news releases and financials, visit Alpha Pro Tech’s website at www.alphaprotech.com.   

 

Certain statements made in this press release constitute “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include any statement that may predict, forecast, indicate or imply future results, performance or achievements instead of historical facts and may be identified generally by the use of forward-looking terminology and words such as “expects,” “anticipates,” “estimates,” “believes,” “predicts,” “intends,” “plans,” “potentially,” “may,” “continue,” “should,” “will” and words of similar meaning. Without limiting the generality of the preceding statement, all statements in this press release relating to estimated and projected earnings, margins, costs, expenditures, cash flows, sources of capital, growth rates, opportunities for product growth and future financial and operating results are forward-looking statements. We caution investors that any such forward-looking statements are only estimates based on current information and involve risks and uncertainties that may cause actual results to differ materially from the results contained in the forward-looking statements. We cannot give assurances that any such statements will prove to be correct. Factors that could cause actual results to differ materially from those estimated by us include the risks, uncertainties and assumptions described from time to time in our public releases and reports filed with the Securities and Exchange Commission, including, but not limited to, our most recent Annual Report on Form 10-K. We also caution investors that the forward-looking information described herein represents our outlook only as of this date, and we undertake no obligation to update or revise any forward-looking statements to reflect events or developments after the date of this press release. Given these uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results.

 

 

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