-----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, HdCYJ1LGZTvJJMoQPRODbwMagKNnOU4+01bbx/4Zob4FQ63pQoXYRcjq2X1l6TNT NeNYjZfi0XqZ2ZgMs3wkAw== 0001181431-06-042963.txt : 20060721 0001181431-06-042963.hdr.sgml : 20060721 20060721092022 ACCESSION NUMBER: 0001181431-06-042963 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20060721 ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060721 DATE AS OF CHANGE: 20060721 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SENECA FOODS CORP /NY/ CENTRAL INDEX KEY: 0000088948 STANDARD INDUSTRIAL CLASSIFICATION: CANNED, FRUITS, VEG & PRESERVES, JAMS & JELLIES [2033] IRS NUMBER: 160733425 STATE OF INCORPORATION: NY FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-01989 FILM NUMBER: 06973000 BUSINESS ADDRESS: STREET 1: 3736 SOUTH MAIN STREET CITY: MARION STATE: NY ZIP: 14505 BUSINESS PHONE: 315 926 8100 MAIL ADDRESS: STREET 1: 3736 SOUTH MAIN STREET CITY: MARION STATE: NY ZIP: 14505 FORMER COMPANY: FORMER CONFORMED NAME: PIERCE S S COMPANY INC DATE OF NAME CHANGE: 19861210 FORMER COMPANY: FORMER CONFORMED NAME: SENECA FOODS CORP DATE OF NAME CHANGE: 19780425 FORMER COMPANY: FORMER CONFORMED NAME: SENECA GRAPE JUICE CORP DATE OF NAME CHANGE: 19710419 8-K 1 rrd124980.htm REGULATION FD FILING Prepared By R.R. Donnelley Financial -- Form 8-K
 
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):  07/21/2006
 
Seneca Foods Corporation
(Exact name of registrant as specified in its charter)
 
Commission File Number:  0-01989
 
New York
  
16-0733425
(State or other jurisdiction of
  
(IRS Employer
incorporation)
  
Identification No.)
 
3736 South Main Street
Marion, New York 14505-9751
(Address of principal executive offices, including zip code)
 
(315) 926-8100
(Registrant’s telephone number, including area code)
 
(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))
 

Information to be included in the report

 
Item 7.01.    Regulation FD Disclosure
 
On July 21, 2006, Seneca Foods Corporation announced that it has entered into exclusive negotiations to acquire the membership interests of Signature Fruit Company, LLC from John Hancock Life Insurance Company and its affiliates. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein.

The information in the preceding paragraph, as well as in Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

 
 
Item 9.01.    Financial Statements and Exhibits
 
99.1        Press release dated July 21, 2006.
 

 

Signature(s)
 
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.
 
      
 
Seneca Foods Corporation
 
 
Date: July 21, 2006
     
By:
 
/s/    Philip G. Paras
               
Philip G. Paras
               
Chief Financial Officer
 
 

 

Exhibit Index
 
Exhibit No.
  
Description
EX-99.1
  
Press release dated July 21, 2006.
EX-99.1 2 rrd124980_14848.htm PRESS RELEASE DATED JULY 21, 2006. June 18, 1999

Exhibit 99.1

July 21, 2006 FOR IMMEDIATE RELEASE

Contact: Philip Paras, CFO
(315-926-8100)

PRESS RELEASE

 

Seneca Foods Corporation Negotiating Acquisition of Signature Fruit From John Hancock

Seneca Foods Corporation (NASDAQ: SENEA/SENEB) today announced that it has entered into exclusive negotiations to acquire the membership interests of Signature Fruit Company, LLC from John Hancock Life Insurance Company and its affiliates.

Terms of the deal were not disclosed. The transaction is expected to close in Seneca's current quarter ending September 30, 2006. Seneca said Signature Fruit will remain in Modesto.

About Seneca Foods Corporation

Seneca Foods Corporation is primarily a vegetable processing company with manufacturing facilities located throughout the U.S. Its products are sold under the Libby's®, Aunt Nellie's Farm Kitchen®, Stokely's®, READ®, and Seneca® labels as well as through the private label and industrial markets. In addition, under an alliance with General Mills Operations, Inc., a successor to the Pillsbury Company and a subsidiary of General Mills, Inc., Seneca produces canned and frozen vegetables, which are sold by General Mills Operations, Inc. under the Green Giant® label.

About Signature Fruit Company

Signature Fruit Company, based in Modesto, California, is a leading processor of shelf stable fruit products, including peaches, pears, apricots, fruit cocktail, mixed fruit and fruit salad and nectars and concentrates. Signature Fruit sells its products under the Libby's® and Nature's OrchardTM brands, as well as customer owned labels for the retail, food service, international and industrial markets. It is owned by John Hancock Life Insurance Company, a subsidiary of Manulife Financial Corporation, and its affiliates.

Manulife Financial is a leading Canadian-based financial services group serving millions of customers in 19 countries and territories worldwide. Operating as Manulife Financial in Canada and Asia, and primarily through John Hancock in the United States, the Company offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Funds under management by Manulife Financial and its subsidiaries were Cdn$386 billion (US$330 billion) as at March 31, 2006.

Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '0945' on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com.

Forward-Looking Statements

Except for the historical information contained herein, the matters discussed in this report are forward-looking statements as defined in the Private Securities Litigation Reform Act (PSLRA) of 1995. The Company wishes to take advantage of the "safe harbor" provisions of the PSLRA by cautioning that numerous important factors could cause actual results to differ materially from those contained in or suggested by any forward-looking statement. These factors include, among others: general economic and business conditions; cost and availability of commodity materials; our debt levels and ability to service and reduce our debt; interest rate fluctuations; efforts and ability to increase prices and reduce costs; effectiveness of marketing, pricing and trade promotion programs; changing consumer preferences; competition, including pricing and promotional spending levels by competitors; acquisitions, if any, including identification of appropriate targets and successful integration of any acquired business; product liability claims; weather conditions; and crop yields. We undertake no obligation, other than as required by law, to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

For a more complete discussion of these risks and uncertainties, see the company's Annual Report on Form 10-K for the year ended March 31, 2006.

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