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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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): MARCH 26, 1998
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
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ITEM 5. OTHER EVENTS.
On March 26, 1998 the Company announced that it completed the sale of 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.
(a) 99.1 Press release dated March 26, 1998
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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: March 30, 1998 By: /S/ ANITA J. CUTCHALL
Anita J. Cutchall
Vice President-Legal and
Corporate Secretary
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NEWS RELEASE
CONTACT: George Daniels
Vice President/CFO
FOR IMMEDIATE RELEASE (800) 423-3868
ZERO CORPORATION COMPLETES SALE OF BURBANK FACILITY
LOS ANGELES (March 26, 1998) - ZERO Corporation (NYSE/PSE:ZRO) today
announced that it completed the sale of its Burbank, California, facility
under terms previously announced. The purchaser is Ford Leasing Development
Company, a subsidiary of Ford Motor Company, which plans to develop the site
into an automobile superstore with Herbert F. Boeckmann, II, owner of
Galpin Ford.
Wilford D. Godbold, Jr., president and chief executive officer of ZERO
Corporation, said, "The city of Burbank sought a high-end use for our property.
We worked with the city to achieve its master plan and are pleased that the
property will now be used as a world-class retail automobile facility."
ZERO Corporation's primary business is protecting electronics, where it serves
the system packaging, thermal management and engineered case requirements of
the telecommunications, instrumentation and data processing markets. ZERO also
serves the air cargo industry and produces the famous line of ZERO
Halliburton(R) cases for consumers worldwide. More information on ZERO is
available at its home page at www.zerocorp.com.
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ZERO Corporation, 444 South Flower, Suite 2100, Los Angeles, California 90071
EXHIBIT 99.1
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