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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549-1004
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) October 1, 1998
Commission file number 0-23789
FLOUR CITY INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
Nevada 62-1709152
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(State of Incorporation) (I.R.S. Employer Identification No.)
915 Riverview Drive, Suite One, Johnson City, TN 37620
(Address of principal executive offices, zip code)
(423) 928-2724
(Registrant's telephone number, including area code)
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Item 5. Other Events
On October 1, 1998, the Registrant issued a press release concerning the award
of a $7 million contract for a Boston project. A copy of the press release is
attached hereto as Exhibit 99 and is incorporated herein.
Item 7. Financial Statements and Exhibits.
(c) Exhibits.
Exhibit No.
99. Press release concerning the award of a $7 million contract
for a Boston project.
SIGNATURE
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.
FLOUR CITY INTERNATIONAL, INC.
/s/ ROBERT O. BRUCE
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Robert O. Bruce
Chief Financial Officer
Date: October 9, 1998
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EXHIBIT INDEX
Exhibit Number Exhibit Contents
99 Press release concerning the award of a $7 million contract
for a Boston project.
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[LOGO]
FLOUR CITY INTERNATIONAL, INC.
915 RIVERVIEW DRIVE, SUITE 1 - JOHNSON CITY, TN 37601
At the Company: Investor Relations:
Robert O. Bruce Harvey Goralnick/Jordan Ness
Chief Financial Officer FOCUS Partners LLC
(423) 928-2724 x505 (212) 752-9445
[email protected] [email protected]
FLOUR CITY AWARDED $7 MILLION CONTRACT FOR BOSTON PROJECT
Johnson City, TN, October 1, 1998 - Flour City International, Inc. (NASDAQ:
FCIN), a worldwide leader in the design, fabrication and installation of custom
exterior wall systems, today announced that the Company has been awarded a $7
million contract to provide curtainwall at 33 Arch Street in Boston,
Massachusetts. The 25 story, 260,000 gross square feet glazing installation
project is scheduled to begin during the fourth quarter of 1999 and to be
completed during the third quarter of 2000. Flour City will be responsible for
furnishing material on such features as high tech floor to floor vision glass
and mechanical roof screen wall. Formal contracts will be executed within the
next sixty days.
Michael J. Russo, President and CEO of Flour City, commented, "The 33 Arch
Street project gives us an exciting opportunity to partner our fabrication and
engineering expertise with the capabilities and market penetration of Karas and
Karas, a prominent glazing contractor which already enjoys a considerable
presence in the Boston area. We are very pleased by what we see in Boston - a
3.2% vacancy rate driving the rebirth of the downtown office market. Looking
forward to increasing our participation in this robust market, Flour City has
already bid on three additional projects in the last four months and is looking
into additional opportunities."
Flour City International, Inc. is a worldwide leader in the design, fabrication
and installation of custom exterior wall systems used in the construction of a
wide range of commercial and governmental buildings. The Company works closely
with architects, general contractors and owners/developers in the development
and construction of highly recognizable mid-rise and high-rise office buildings,
public-use buildings such as courthouses and airport terminals and other
well-known landmark buildings and uniquely designed structures.
With the exception of the historical information contained in the release, the
matters described herein contain forward-looking statements that are made
pursuant to the Safe Harbor provisions of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements involve a number of risks,
uncertainties or other factors beyond the Company's control that may cause
material differences in actual results, performance or other expectations.
These factors include, but are not limited to, general economic conditions,
increases in materials, shipping and labor costs, levels of competition, access
to financing and other factors detailed in the Company's registration statements
and periodic reports filed with the Securities and Exchange Commission.
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