TERRACE FOOD GROUP INC
8-K, 2000-07-18
EATING PLACES
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                       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


                                  June 19, 2000
     -----------------------------------------------------------------------
                                 Date of Report
                        (Date of Earliest Event Reported)

                            Terrace Food Group, Inc.
--------------------------------------------------------------------------------
             (Exact Name of Registrant as Specified in its Charter)



          Delaware                       0-27132                 65-0594270
----------------------------       -------------------    ----------------------
      (State or Other                  (Commission              (IRS Employer
      Jurisdiction of                  File Number)          Identification No.)
      Incorporation)


                             1351 N.W. 22nd Street,
                          Pompano Beach, Florida 33069
     -----------------------------------------------------------------------
                     (Address of Principal Executive Office)


                                 (954) 917-7272
     -----------------------------------------------------------------------
                         (Registrant's telephone number,
                              including area code)


     -----------------------------------------------------------------------
                        (Former Name and Former Address)




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<PAGE>


Item 5.   Other Events.
-------   -------------

         A fire occurred at the Company's  wholly-owned plant in Miami,  Florida
on June 19, 2000  requiring the  suspension of operations at its Banner Beef and
Seafood food processing and manufacturing division.  Management does not believe
that  this  suspension  will have a  material  adverse  effect on the  Company's
financial condition or results of operations, although there can be no assurance
thereof.  The  Company  believes it has  adequate  insurance  coverage  for this
occurrence and is pursuing its insurance  claims under the applicable  policies.
This   interruption   does  not  affect   operations   at  Terrace's  two  other
subsidiaries,  A-One-A  Produce and Provisions,  Inc., a produce  distributor to
hotels,  restaurants,  cruise lines and other  businesses in South Florida,  and
Fresh,  Inc.,  which  processes,  packages and sells fresh  produce  principally
through A-One-A Produce.

                                   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.



                                                 TERRACE FOOD GROUP, INC.


July 7, 2000                                     By: /s/Jonathan S. Lasko
                                                    --------------------------
                                                      Jonathan S. Lasko,
                                                      Executive Vice-President &
                                                      Chief Operating Officer





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