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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: October 9, 1998
(Date of earliest event reported)
SPURLOCK INDUSTRIES, INC.
(Exact Name of Registrant as Specified in its Charter)
Virginia 000-21133 84-1019856
(State or Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification No.)
209 West Main Street 23890
Waverly, Virginia (Zip Code)
(Address of Principal Executive Offices)
Registrant's telephone number, including area code:
(804) 834-8980
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Item 5. Other Events.
The press release issued by the Registrant on October 21, 1998 and
attached hereto as Exhibit 99 is incorporated herein by reference.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits.
99 Press release issued by the Registrant on October 21, 1998.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
SPURLOCK INDUSTRIES, INC.
(Registrant)
Date: October 20, 1998 By: /s/ Phillip S. Sumpter
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Phillip S. Sumpter
Chairman and Chief Executive Officer
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Exhibit Index
Number Document
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99 Press release issued by the Registrant on October 21, 1998.
SPURLOCK INDUSTRIES, INC.
P.O. BOX 8
WAVERLY, VIRGINIA 23890
Wednesday, October 21, 1998 CONTACT: Phillip S. Sumpter
FOR IMMEDIATE RELEASE (804) 834-8980
SPURLOCK INDUSTRIES, INC. ANNOUNCES
NEW DIRECTORS
WAVERLY, VIRGINIA - Spurlock Industries, Inc. announced today that
Lance K. Hoboy and Kirk J. Passopulo were appointed to its Board of Directors on
September 21, 1998 and October 9, 1998, respectively, to fill two newly created
seats. The appointments will expire at the annual meeting of the shareholders in
1999. The Board now consists of a total of six directors.
Mr. Hoboy previously held positions as Director and Vice President of
the Company from April 1992 until May 1993. He also served as President of
Tecnal, Inc. from 1980 to 1989. Located in Grand Junction, Colorado, Tecnal was
the parent of a group of companies involved in refining petroleum products. From
1989 to 1992, Mr. Hoboy served the succeeding owner of such companies, Wescourt
Group, Inc., as its Director of Marketing & Operations. Mr. Hoboy received a
Bachelor of Science degree in mechanical engineering from Stanford University in
1974 and a Master's Degree in Business Administration from Cornell University in
1978, and he is currently the Managing Director of Schwan's Food International,
headquartered in Marshall, Minnesota.
Mr. Passopulo has served as Corporate Secretary and Director of
Information Systems & Environmental Affairs of both the Company and Spurlock
Adhesives since February 1998. From 1993 to 1998, Mr. Passopulo served as Plant
Manager of Spurlock Adhesives. Previously, Mr. Passopulo served the Company in a
number of positions subsequent to joining it in 1976.
Spurlock Industries, Inc., through its wholly owned subsidiary,
Spurlock Adhesives, Inc., currently develops, manufactures and markets specialty
thermosetting resins and formaldehyde for the forest products, building products
and furniture industries at facilities located in Waverly, Virginia, Malvern,
Arkansas and Moreau, New York. The Company's common stock is traded in the
over-the-counter market on the Nasdaq Bulletin Board under the symbol "SKII."
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