-----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, Mjp3WPZ0ccsDUJrLjRRJHptJ2dVBBqhltH5EvW8px5Wkn2W5awDHbF8asgTMFXwy QUMZWbNLBJsXRPKhflptLg== 0001104659-06-000184.txt : 20060103 0001104659-06-000184.hdr.sgml : 20060102 20060103171951 ACCESSION NUMBER: 0001104659-06-000184 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20051230 ITEM INFORMATION: Cost Associated with Exit or Disposal Activities FILED AS OF DATE: 20060103 DATE AS OF CHANGE: 20060103 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GRAPHIC PACKAGING CORP CENTRAL INDEX KEY: 0000886239 STANDARD INDUSTRIAL CLASSIFICATION: PAPERBOARD MILLS [2631] IRS NUMBER: 582205241 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13182 FILM NUMBER: 06503463 BUSINESS ADDRESS: STREET 1: 814 LIVINGSTON COURT CITY: MARIETTA STATE: GA ZIP: 30067 BUSINESS PHONE: 7706443000 FORMER COMPANY: FORMER CONFORMED NAME: RIVERWOOD HOLDING INC DATE OF NAME CHANGE: 19960306 FORMER COMPANY: FORMER CONFORMED NAME: RIVERWOOD INTERNATIONAL CORP DATE OF NAME CHANGE: 19940406 8-K 1 a05-22552_18k.htm CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Sections 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event

reported):  December 30, 2005

 

GRAPHIC PACKAGING CORPORATION

(Exact name of registrant as specified in its charter)

 

Delaware

 

1-13182

 

58-2205241

(State or other jurisdiction

 

(Commission File Number)

 

(I.R.S. Employer

of incorporation)

 

 

 

Identification No.)

 

 

 

 

 

814 Livingston Court

Marietta, Georgia 30067

(Address of principal executive offices)

(Zip Code)

 

(770) 644-3000

(Registrant’s telephone number, including area code)

 

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 (17 CFR 240.14a-12)

 

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

 

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

 

 

 


 

Item 2.05.          Costs Associated with Exit or Disposal Activities.

 

Effective December 30, 2005, Graphic Packaging Corporation (the “Company”) completed a reduction in force affecting 62 corporate and divisional support staff.  The Company will take a one-time charge of approximately $5 million for severance and related costs in the fourth quarter of 2005.  Other than cash payments related to this charge, the Company does not expect to incur or pay any material additional amounts in connection with this reduction in force in 2006.  The Company took this action to reduce on-going operating expenses in future periods.

 

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SIGNATURE

 

Pursuant to the requirements 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.

 

 

 

GRAPHIC PACKAGING CORPORATION

 

 

(Registrant)

 

 

 

 

 

 

 

 

Date: January 3, 2006

By:

  /s/ Stephen A. Hellrung

 

 

 

Stephen A. Hellrung

 

 

Senior Vice President, General

 

 

Counsel and Secretary

 

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