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FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934
Date of Report (date of earliest
event reported): July 7, 1998
RBX CORPORATION
RUBATEX CORPORATION
GROENDYK MANUFACTURING COMPANY, INC.
HOOVER-HANES RUBBER CUSTOM MIXING CORP.
MIDWEST RUBBER CUSTOM MIXING CORP.
OLETEX INC.
UNIVERSAL POLYMER & RUBBER INC.
UNIVERSAL RUBBER COMPANY
WALTEX CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 333-49735 94-3231901
Delaware 333-49735 54-1563245
Delaware 333-49735 54-1563246
Delaware 333-49735 58-1916475
Delaware 333-49735 34-1662710
Delaware 333-49735 36-3978227
Delaware 333-49735 34-1662276
Delaware 333-49735 58-1916233
Delaware 333-49735 54-1563248
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(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of incorporation) Identification No.)
5221 Valley Park Drive, Roanoke, VA 24019
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(Address of registrant's principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (540) 561-6000
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Item 5. Other Events.
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RBX Corporation (the "Company") announced on July 7, 1998, that
Frank H. Roland resigned as a Director, President and Chief
Executive Officer of the Company and its wholly-owned
subsidiaries.
A Press Release announcing the actions described above was issued
by the company on July 7, 1998 and is attached hereto as Exhibit
99.1.
Item 7. Financial Statements and Exhibits.
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(a) Not applicable.
(b) Not applicable.
(c) Exhibits
99.1 Press Release dated July 7, 1998, issued by the
Company.
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SIGNATURE
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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.
RBX CORPORATION
RUBATEX CORPORATION
GROENDYK MANUFACTURING COMPANY, INC.
HOOVER-HANES RUBBER CUSTOM MIXING CORP.
MIDWEST RUBBER CUSTOM MIXING CORP.
OLETEX INC.
UNIVERSAL POLYMER & RUBBER INC.
UNIVERSAL RUBBER COMPANY
WALTEX CORPORATION
By: /s/ John C. Cantlin
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Name: John C. Cantlin
Title: Chief Financial Officer and Treasurer
Dated: July 8, 1998
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Exhibit 99.1
July 7, 1998
PRESS RELEASE
Roanoke, Virginia
RBX Corporation, a major producer of closed cell foam products, announced today
the resignation of Frank H. Roland, Chief Executive Officer and President.
Following Mr. Roland's resignation, the company named Theodore C. Rogers, of
American Industrial Partners (A.I.P.), of New York, N.Y., as the new Chief
Executive Officer and President.
American Industrial Partners is the parent organization to RBX Corporation and
is headquartered in New York and San Francisco. Speaking for the company, Mr.
Rogers stated that American Industrial Partners would be taking a closer role in
the company's operation. Mr. Rogers announced the company's new Office Of The
President, stating "I will act as CEO and President through the RBX Office Of
The President. I look to this office to have total authority to operate the
corporation." The Office Of The President is made up of three Senior Vice
President's. Named as Senior Vice President are: Timothy Bernlohr, John Cantlin
and Mark Dobbins, all located at the company's Roanoke headquarters.
RBX Corporation operates six subsidiary companies: Rubatex Corporation, OleTex
Inc., Groendyk Manufacturing Company, Inc., Universal Polymer & Rubber Inc.,
Midwest Rubber Custom Mixing Corp., and Hoover-Hanes Rubber Custom Mixing
Corp.
Company Contact:
Mark Dobbins
540-561-6192
