-----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, UABQpOM4jnmakGopBSqKlVEY6RsgNcmYHKwhITW8k4eqepNFbdRoCO2Jw3+zRTDd 10SMjUXUAyxaOzKf/NGwKQ== 0000888918-98-000008.txt : 19980402 0000888918-98-000008.hdr.sgml : 19980402 ACCESSION NUMBER: 0000888918-98-000008 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980330 ITEM INFORMATION: FILED AS OF DATE: 19980401 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: CARBIDE GRAPHITE GROUP INC /DE/ CENTRAL INDEX KEY: 0000888918 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRICAL INDUSTRIAL APPARATUS [3620] IRS NUMBER: 251575609 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-20490 FILM NUMBER: 98585671 BUSINESS ADDRESS: STREET 1: ONE GATEWAY CTR STREET 2: 19TH FL CITY: PITTSBURGH STATE: PA ZIP: 15222 BUSINESS PHONE: 4125623700 MAIL ADDRESS: STREET 1: ONE GATEWAY CTR STREET 2: 19TH FL CITY: PITTSBURGH STATE: PA ZIP: 15222 8-K 1 LEGAL PROCEEDINGS AND CURRENT DEVELOPMENT UPDATES 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): March 30, 1998 THE CARBIDE/GRAPHITE GROUP, INC. Delaware 0-20490 25-1575609 (State of Incorporation) (Commission File Number) (IRS Employer Identification Code) One Gateway Center, 19th Floor Pittsburgh, PA 15222 (Address of principal executive offices) Registrant's telephone number, including area code: (412) 562-3700 Item 1 through Item 4: Not applicable. Item 5 -- Other Events: Current Developments Update - --------------------------- On March 30, 1998, the Company announced the following information with respect to an expansion project at its affiliate, Seadrift Coke, L.P.: Pittsburgh, PA - March 30, 1998 - The Carbide/Graphite Group, Inc. (NASDAQ NNM: CGGI) today reported that construction of the Seadrift, Texas needle coke expansion project is complete but the start-up has taken longer than expected. The negative impact on net income resulting from the delay in the third fiscal quarter ending April 30, 1998 is currently estimated to be approximately $2.5 million to $3.5 million. The construction of the Seadrift needle coke expansion project was completed under a very aggressive time schedule. The expansion equipment is fully functional and the final operating parameters are expected to be completed over the next several weeks. The Carbide/Graphite Group, Inc. is a leading manufacturer of industrial graphite and calcium carbide products with manufacturing facilities in St. Marys, Pennsylvania; Niagara Falls, New York; Louisville and Calvert City, Kentucky; and Seadrift, Texas. Note: This release may contain forward looking statements as defined in the Private Securities Litigation Reform Act of 1995. Actual future results could differ materially from those set forth in such statements due to various factors. Such factors include the possibility that increased demand or prices for the Company's products may not occur or continue, changing economic and competitive conditions, technological risks and other risks associated with the start-up and operation of major capital projects and other risks and uncertainties, including those detailed in the Company's filings with the Securities and Exchange Commission. # # # Legal Proceedings Update - ------------------------ On April 1, 1998, the Company announced the following information regarding pending litigation: Pittsburgh, PA - April 1, 1998 - The Carbide/Graphite Group, Inc. (NASDAQ NNM: CGGI) today announced that it had been served with a complaint commencing a civil antitrust action for alleged violations of the Sherman Antitrust Act. The complaint had been served on behalf of a number of purchasers who were previously included in the class of plaintiffs covered by the previously reported consolidated antitrust cases in Philadelphia. This action, which asserts substantially the same claims as the consolidated cases and seeks treble damages, has also been filed in the United States District Court for the Eastern District of Pennsylvania and names the Company, UCAR International, Inc., SGL Carbon Corporation, SGL Carbon AG and Showa Denko Carbon, Inc. as defendants. The Company intends to vigorously defend against this action. ### Item 6 through Item 9: Not applicable. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the following hereunto duly authorized. The Carbide/Graphite Group, Inc. /s/ Walter B. Fowler ------------------------------------------- Walter B. Fowler - Chief Executive Officer Dated: April 1, 1998 3 -----END PRIVACY-ENHANCED MESSAGE-----