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): June 18, 1997
Farrel Corporation
(Exact name of registrant as specified in its charter)
Delaware 0-19703 22-2689245
(State or Other Jurisdiction of (Commission File (I.R.S. Employer
Incorporation or Organization) Number) Identification No.)
25 Main Street
Ansonia, Connecticut 06401
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (203) 736-5500
N/A
(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
On June 18, 1997. Farrel Corporation, a Delaware corporation (the
"COMPANY") issued a press release announcing the strike of the unionized
workers at the Company's Ansonia and Derby, Connecticut, assembly,
repair, and warehouse facilities.
The Company (Nasdaq: FARL) is a leading research, engineering,
manufacturing and marketing company serving the rubber and plastics
compounding industries worldwide.
In accordance with General Instruction F to Form 8-K, a copy of the
press release dated June 18, 1997 is attached hereto as Exhibit 20 and is
incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(a) Not Applicable.
(b) Not Applicable.
(c) Exhibits:
20 Press Release, dated June 18, 1997, issued by the Company.
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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.
FARREL CORPORATION
Date: June 23, 1997 By /s/ PETER L. HESS
-------------------------------
Peter L. Hess
General Counsel and Secretary
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Exhibit 20
FARREL NEWS
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Farrel Corporation FOR IMMEDIATE RELEASE
25 Main Street CONTACT: PETER L. HESS
Ansonia, CT 06401 TELEPHONE: (203) 736-5501
(203) 736-5500
ANSONIA, CONNECTICUT, June 18, 1997 - Farrel Corporation today announced
that unionized workers at its Ansonia and Derby, Connecticut, assembly,
repair, and warehouse facilities are on strike. The Company's Agreement
with Local 3571 of the United Steelworkers of America expired on June 16,
1997, and the Company and the Union had not reached agreement on the
terms of a new contract. Negotiations will continue during the strike.
During the strike, Farrel will use all available means to meet its
obligations to its customers. It is not anticipated that the strike will
adversely affect the Company's ability to meet those obligations.
However, the Company cannot predict the effect the strike might have on
its financial results.
