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) January 3, 2019
 

SIFCO Industries, Inc.
(Exact name of registrant as specified in its charter)
 
 
Ohio
 
1-5978
 
34-0553950
(State or other jurisdiction
of incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification No.)
 
 
970 East 64th Street, Cleveland Ohio
 
44103
(Address of principal executive offices)
 
(ZIP Code)
Registrant’s telephone number, including area code: (216) 881-8600
N.A.
(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 (see General Instruction A.2. below):
 

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))

 Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
o
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨




Item 8.01 Other Events.

On January 3, 2019, SIFCO Industries, Inc. (the “Company”) issued a letter to customers regarding a fire that occurred at its Orange, California manufacturing facility. A copy of the letter is being furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information in Item 8.01 of this Current Report on Form 8-K, including the related information in Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01 Financial Statements and Exhibits.
    
(d) Exhibits

99.1 Letter, dated January 3, 2019.


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.
 

 
 
 
 
 
SIFCO Industries, Inc.
 
 
(Registrant)
 
 
Date: January 3, 2019
 
 
 
 
/s/ Thomas R. Kubera
 
 
Thomas R. Kubera
 
 
Chief Financial Officer
 
 
(Principal Financial Officer)
 



Exhibit




letterheadpic.jpg
January 3, 2019
To: Our Internal and External Customers
Re: Fire at Orange facility
We experienced a fire at SIFCO’s Orange, California manufacturing facility (“Orange”) on December 26. The damage is significant to one of three manufacturing buildings. As noted in more detail below, we have taken steps to address such damage and minimize disruption. We are thankful that no one was injured in this event. The two buildings not directly impacted were back in service on December 28. We have been actively working containment and return to service of the facility. Key actions to date include:
We are fully insured and actively working with our insurance carrier to return the site to full service as safely and as quickly as possible
Two of eight presses on site are on schedule to return to service no later than 1/4/2019
The two functioning presses had full preventive maintenance performed during the down time
We plan 24/7 coverage and have crews deployed for this
We have completed a physical count of all work in process already past the press operation(s) and are working towards assessing against requirements in order to identify and address any potential gaps in service as quickly as possible
We are working with other forge businesses in the region to line up 3rd party support where needed
We have a press at our Cleveland, Ohio site that can support as additional capacity
We have a press in storage that we are working to install at the Orange facility, in a building not impacted by the fire

Our goal is to limit any impact to our customers. We appreciate all the calls of support and concern that we’ve received. As we go forward, there is significant work to be completed. We will continue to work directly with customers to discuss any impact to scheduled deliveries as quickly as possible. In order to ensure prompt and efficient responses, we ask that if you have questions, please work through your normal point of contact at the Orange facility.
In service,
a1319letterheadorange_image2.jpg
Pete Knapper
President and Chief Executive Officer