-----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, R70oaXQgsheOQ6vIUcmWtIyqptmliJC3CCf8GylESp10BqUYo1lVLgxjFD3skpPS TgBWs1VfLyRMVC1eYlJPIg== 0000950137-06-013400.txt : 20061208 0000950137-06-013400.hdr.sgml : 20061208 20061208153831 ACCESSION NUMBER: 0000950137-06-013400 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20061206 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20061208 DATE AS OF CHANGE: 20061208 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LITTELFUSE INC /DE CENTRAL INDEX KEY: 0000889331 STANDARD INDUSTRIAL CLASSIFICATION: SWITCHGEAR & SWITCHBOARD APPARATUS [3613] IRS NUMBER: 363795742 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-20388 FILM NUMBER: 061265654 BUSINESS ADDRESS: STREET 1: 800 E NORTHWEST HWY CITY: DES PLAINES STATE: IL ZIP: 60016 BUSINESS PHONE: 7088241188 MAIL ADDRESS: STREET 1: 800 E. NORTHWEST HWY CITY: DES PLAINES STATE: IL ZIP: 60016 8-K 1 c10608e8vk.txt CURRENT REPORT ================================================================================ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20579 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) -- December 6, 2006 LITTELFUSE, INC. (Exact name of registrant as specified in its charter) DELAWARE 0-20388 36-3795742 (State of other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 800 E. Northwest Hwy., Des Plaines, IL 60016 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (847) 824-1188 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)) ================================================================================ ITEM 8.01 OTHER EVENTS On December 6, 2006, the Company announced the movement of its semiconductor wafer manufacturing from Irving, Texas to Wuxi, China furnished as Exhibit 99.1 to this current report on Form 8-K. ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS Exhibit 99.1 Press Release dated December 6, 2006. SIGNATURE 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 thereunto duly authorized. LITTELFUSE, INC. Date: December 8, 2006 By: /s/ Philip G. Franklin ----------------------------------- Philip G. Franklin Vice President, Operations Support and Chief Financial Officer -2- EXHIBIT INDEX 99.1 Press release. EX-99.1 2 c10608exv99w1.txt PRESS RELEASE Exhibit 99.1 [LITTELFUSE(R) LOGO] NEWS - -------------------------------------------------------------------------------- Littelfuse, Inc. ------------------------------------------------- 800 East Northwest Highway Des Plaines, IL 60016 NEWS RELEASE ------------------------------------------------- (847) 824-1188 o (847) 391-0894 - FAX # ------------------------------------------------- CONTACT: PHILIP G. FRANKLIN VICE PRESIDENT, OPERATIONS SUPPORT & CFO (847) 391-0566 LITTELFUSE TO MOVE TECCOR WAFER FABRICATION TO CHINA ---------------------------------------------------- DES PLAINES, ILLINOIS, DECEMBER 6, 2006 -- Littelfuse, Inc. (NASDAQ/NGS:LFUS) today announced plans to transfer its semiconductor wafer manufacturing from Irving, Texas to Wuxi, China in a phased transition over the next three to four years. Upon completion of the transfer, the Irving facility will be closed. Littelfuse will invest approximately $16 million to build a new wafer fabrication facility in Wuxi adjacent to an existing plant the company acquired in May 2006 as part of its purchase of Concord Semiconductor. This project is expected to generate $9 to $10 million of annual savings once the transfer from Irving is complete. The Irving plant closure will result in pre-tax restructuring charges of approximately $2.5 million in the fourth quarter of 2006 and approximately $3.5 million over the period of 2007 to 2010. "We are committed to making this transition as seamless as possible for our customers," said Gordon Hunter, Chief Executive Officer of Littelfuse. "As part of that commitment, we will maintain continuous production capabilities for all products throughout the move." The Irving facility produces thyristor surge protection and power control devices. Littelfuse acquired the Irving operation in 2003 through its acquisition of Teccor Electronics Corporation. Approximately 180 employees in Irving will be affected by the move. "This was a difficult decision given that Irving employees have been a significant part of our growth and success," said Hunter. "However, we believe this move is in the best interest of our company, our customers and our shareholders over the long term." -more- Page 2 About Littelfuse - ---------------- As the worldwide leader in circuit protection products and solutions with annual sales of $467.1 million in 2005, the Littelfuse portfolio is backed by industry leading technical support, design and manufacturing expertise. Littelfuse products are vital components in virtually every product that uses electrical energy, including automobiles, computers, consumer electronics, handheld devices, industrial equipment, and telecom/datacom circuits. Littelfuse offers Teccor(R), Wickmann(R) and Pudenz(R) brand circuit protection products. In addition to its Des Plaines, Illinois, world headquarters, Littelfuse has sales, distribution, manufacturing and engineering facilities in Brazil, China, England, Germany, Hong Kong, India, Ireland, Japan, Korea, Mexico, the Netherlands, the Philippines, Singapore, Taiwan and the U.S. For more information, please visit Littelfuse's Web site at www.littelfuse.com. - -------------------------------------------------------------------------------- "Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995. Any forward looking statements contained herein involve risks and uncertainties, including, but not limited to, product demand and market acceptance risks, the effect of economic conditions, the impact of competitive products and pricing, product development and patent protection, commercialization and technological difficulties, capacity and supply constraints or difficulties, exchange rate fluctuations, actual purchases under agreements, the effect of the company's accounting policies, labor disputes, restructuring costs in excess of expectations and other risks which may be detailed in the company's Securities and Exchange Commission filings. - -------------------------------------------------------------------------------- # # # -----END PRIVACY-ENHANCED MESSAGE-----