<PAGE>
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES ACT OF 1934
DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): DECEMBER 23, 1997
ZERO CORPORATION
(Exact name of registrant as specified in its charter)
DELAWARE 1-5260 95-1718077
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
444 SOUTH FLOWER STREET, LOS ANGELES, CALIFORNIA 90071-2922
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (213)629-7000
Page 1 of 4 pages
<PAGE>
ITEM 5. OTHER EVENTS.
On December 23, 1997 the Company announced the exercise of an option to
purchase its property located in Burbank, California. A copy of the press
release is attached to this report as an exhibit and is incorporated herein
by reference.
ITEM 7. EXHIBITS.
Press release dated December 23, 1997 announcing the exercise of an option
for the sale of property. Exhibit 99.1.
Page 2 of 4 pages
<PAGE>
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.
ZERO CORPORATION
Dated: December 23, 1997 By: /S/ ANITA J. CUTCHALL
Anita J. Cutchall
Vice President-Legal and
Corporate Secretary
Page 3 of 4 pages
<PAGE>
NEWS RELEASE
CONTACT: George Daniels
Vice President/CFO
FOR IMMEDIATE RELEASE (800) 423-3868
ZERO CORPORATION ANNOUNCES EXERCISE OF OPTION
FOR SALE OF BURBANK PLANT SITE
LOS ANGELES (December 23, 1997) - ZERO Corporation (NYSE/PSE:ZRO) today
announced that Herbert F. Boeckmann, II, owner of Galpin Ford (the largest
retail volume Ford dealership in the United States), exercised the option to
purchase ZERO's former manufacturing site in Burbank, California, for a
purchase price of $12.75 million. The sale of the option was previously
announced on June 30, 1997.
In accordance with the option exercise, both Mr. Boeckmann and ZERO entered
into an escrow for sale of the property, which is scheduled to close by
January 30, 1998. Although there is no assurance that the property will be
sold, ZERO has received nonrefundable payments of $825,000.
ZERO Corporation's primary business is protecting electronics. ZERO's
system packaging, thermal management and engineered cases primarily serve
the telecommunications, instrumentation and data processing markets. ZERO
also produces the famous line of ZERO Halliburton(R) cases for consumers
worldwide. More information on ZERO is available at WWW.ZEROCORP.COM.
# # #
ZERO Corporation, 444 South Flower Street, Suite 2100, Los Angeles,CA 90071-2922
Page 4 of 4 pages
