UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549

 

FORM 8-K

 

CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934

 

 

September 16, 2015


DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED)

 

 

METALDYNE PERFORMANCE GROUP INC.


(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

 

DELAWARE


(STATE OR OTHER JURISDICTION OF INCORPORATION)

 

001-36774 47-1420222
   
   
(COMMISSION FILE NUMBER) (IRS EMPLOYER IDENTIFICATION NO.
   
   

47659 Halyard Drive

Plymouth, MI

48170
   
   
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)

 

(734)-207-6200


(REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)

 

 


(FORMER NAME OR 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 communication 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 7.01. Regulation FD Disclosure.

 

On September 16, 2015 the Registrant issued a press release regarding the collective bargaining agreement at its Kyklos Bearing International subsidiary, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

 

The information contained in this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed to be “filed” for the purpose of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended, regardless of any general incorporation language in any such filings.

 

Item 9.01. Financial Statements and Exhibits.

 

(d)Exhibits.

 

99.1Presentation dated September 16, 2015.

 

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.

               
     

METALDYNE PERFORMANCE GROUP INC.

(Registrant)

       
               
               
    BY:

/s/ Mark Blaufuss

  Date: September 16, 2015    
      Mark Blaufuss, Chief Financial Officer        

 

 

 

 

 

EXHIBIT INDEX

     
Exhibit No.   Description

 
     
99.1   Press release dated September 16, 2015.

 

 

 



KBI Plant Update

SOUTHFIELD, Mich., Sept. 16, 2015 /PRNewswire/ -- Metaldyne Performance Group Inc. (NYSE: MPG) today announced that the labor agreement at its Kyklos Bearing International (KBI) plant in Sandusky, Ohio, has expired. The plant is operating under the last offer presented to the union as of September 15, 2015.

MPG Logo

"We continue to negotiate collaboratively and in good faith with the union for a competitive labor agreement," said George Thanopoulos, CEO of MPG. "The KBI facility is operating normally to ensure our customers are fully supported. We want to compliment our union partners for working constructively with us in our effort to generate a long-term plan."

About MPG

MPG is a leading provider of highly engineered components for use in powertrain and safety-critical platforms for the global light, commercial and industrial vehicle markets. MPG produces these components using complex metal-forming manufacturing technologies and processes for a global customer base of vehicle OEMs and Tier I suppliers. MPG's metal-forming manufacturing technologies and processes include aluminum die casting, forging, iron casting and powder metal forming as well as advanced machining and assembly.

Headquartered in Southfield, Michigan, MPG has a global footprint spanning 61 locations in 13 countries across North America, South America, Europe and Asia with approximately 12,000 employees.

For more information:
Dick Pacini
The Millerschin Group
(248) 276-1970 (office)
(248) 770-6446 (cell)
dpacini@millerschingroup.com

Forward-Looking Statements

This press release contains forward-looking statements. The words "believe," "expect," "anticipate," "intend," "estimate" and other expressions that are predictions of or indicate future events and trends and that do not relate to historical matters identify forward-looking statements. You should not place undue reliance on these forward-looking statements. Although forward-looking statements reflect management's good faith beliefs, reliance should not be placed on forward-looking statements because they involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to differ materially from anticipated future results, performance or achievements expressed or implied by such forward–looking statements. Forward-looking statements speak only as of the date the statements are made. MPG undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances or otherwise. These forward-looking statements are subject to numerous risks and uncertainties, including, but not limited to: our comments relating to growth of, or changes in, the global commercial vehicle markets; maintaining existing sales levels with our current customers and end users while attracting new ones; operating in global markets and expanding into adjacent markets while strengthening our market position in our existing markets; and financial projections.

Logo - http://photos.prnewswire.com/prnh/20150311/181160LOGO



METALDYNE PERFORMANCE GROUP INC. (NYSE:MPG)
Historical Stock Chart
From Aug 2024 to Sep 2024 Click Here for more METALDYNE PERFORMANCE GROUP INC. Charts.
METALDYNE PERFORMANCE GROUP INC. (NYSE:MPG)
Historical Stock Chart
From Sep 2023 to Sep 2024 Click Here for more METALDYNE PERFORMANCE GROUP INC. Charts.