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): August 31, 1994
CLARK EQUIPMENT COMPANY
(Exact name of registrant as specified in its charter)
Delaware 1-5646 38-0425350
(State or other juris- (Commission (IRS Employer
diction of incorporation) File Number) Identification Number)
100 North Michigan Street
P. O. Box 7008
South Bend, Indiana
(Address of principal 46634
executive offices) (Zip Code)
Registrant's telephone number (219) 239-0100
including area code
Total Number of Pages: 4
Exhibit Index at Page: 3
-1-
<PAGE>
<PAGE>
ITEM 5. OTHER EVENTS
On August 31, 1994, Registrant issued a press release announcing that its
business unit, Melroe Company, located in Fargo, North Dakota has
completed a joint venture agreement with Marubeni Corporation, Tokyo, to
export Bobcat skid-steer loaders and attachments manufactured in North
Dakota and market them in Japan. A copy of this press release is attached
as Exhibit (99) and incorporated in this Item by reference. The press
release contains certain forward-looking statements about Registrant as
defined in paragraph (c) of Rule 3b-6, "Liability for Certain Statements
by Issuers" issued pursuant to the Securities Exchange Act of 1934. The
forward-looking statements of Registrant published in the press release
are reaffirmed hereby.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
Exhibit (99) - Registrant's press release announcing that its business
unit, Melroe Company, located in Fargo, North Dakota has completed a joint
venture agreement with Marubeni Corporation, Tokyo, to export Bobcat skid-
steer loaders and attachments manufactured in North Dakota and market them
in Japan.
SIGNATURES
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.
CLARK EQUIPMENT COMPANY
/s/ John J. Moran, Jr.
John J. Moran, Jr.
Assistant Secretary
Date: September 8, 1994
-2-
<PAGE>
<PAGE>
EXHIBIT LIST AND INDEX
Filed Herewith Unless
Exhibit Description Otherwise Indicated
(99) Registrant's Press Release Page 4
dated August 31, 1994
-3-
<PAGE>
<PAGE>
EXHIBIT (99)
Clark Equipment Company
100 North Michigan Street
P.O. Box 7008
South Bend, Indiana 46634
NEWS RELEASE
Contact: Joe Fimbianti Release Date: IMMEDIATE
219/239-0176
CLARK EQUIPMENT'S MELROE UNIT FORMS
A JOINT VENTURE WITH JAPANESE FIRM
SOUTH BEND, INDIANA, August 31, 1994 -- Melroe Company, a North Dakota-
based business unit of Clark Equipment Company (NYSE: CKL), completed a
joint venture agreement to export Bobcat skid-steer loaders and
attachments manufactured in North Dakota and market them in Japan. The
new company, Marubeni Bobcat Sales Company, will be headquartered in
Yokohama, Japan. It will market a full line of Bobcat loaders and
establish a network of branches and dealerships throughout Japan under the
direction of Mr. Isao Owada, President, and Mr. Kirk Haws, Executive Vice
President of the joint venture.
Bobcat loaders were previously manufactured and sold in Japan by Toyo
Umpanki Co. (TCM) under a technical license agreement spanning 18 years.
In 1993, Melroe and TCM mutually agreed to terminate that agreement. Mr.
Haws said, "The name 'Bobcat' is highly recognized in the Japanese market.
That fact, along with marketing, sales and product support from the United
States, makes this a very exciting business venture."
"There is a potentially large market for Melroe products in Japan,"
according to Mr. Chin Wah Ying, Melroe's International Sales Manager. He
added, "Thanks to our previous business experience in Japan, we are poised
and ready to take advantage of that demand."
Marubeni is one of the largest industrial trading companies in Japan, with
annual worldwide trading volume of over $150 billion. Melroe and Marubeni
have had business dealings for 17 years. Marubeni is the trading company
for Melroe purchases of Japanese-made components such as engines and
excavator under-carriages.
Mr. Haws is Melroe's representative director for the joint venture. Other
Melroe directors for the joint venture are Mr. Ying and Melroe Vice
President and Controller, Mr. Charles Hoge. Marubeni Corporation's
representative director is Mr. Isao Owada, and Messrs. Isao Ishikawa and
Hiroyuki Anabuki are its other two board members.
Melroe Company is a business unit of Clark Equipment Company, South Bend,
Indiana. Clark's business is the design, manufacture and sale of skid-
steer loaders, construction machinery, asphalt paving equipment, and axles
and transmissions for off-highway equipment.
-4-
