SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 10549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. _____)*
Applied Films Corporation
(Name of Issuer)
Common Stock, no par value
(Title of Class of Securities)
038197109
(CUSIP Number)
August 14, 1998
(Date of Event which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
_____ Rule 13d-1(b)
__X__ Rule 13d-1(c)
_____ Rule 13d-1(d)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter the
disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
(Continues on the following page(s))
Page 1 of 4 Pages
<PAGE>
CUSIP NO. 038197109 13G Page 2 of 4 Pages
1 Names of Reporting Persons/I.R.S. Identification Nos. of Above Persons
(Entities Only)
Gentex Corporation EIN 38-2030505
2 Check the Appropriate Box if a Member of a Group (a) __
(See Instructions) (b) __
3 SEC Use Only
4 Citizenship or Place of Organization
Michigan
Number of 5 Sole Voting Power
369,000
Shares
6 Shared Voting Power
Beneficially 0
Owned by 7 Sole Dispositive Power
369,000
Each Reporting
8 Shares Dispositive Power
Person With 0
9 Aggregate Amount Beneficially Owned by Each Reporting Person
369,000
10 Check if the Aggregate Amount in Row (9) Excludes Certain Shares ___
(See Instructions)
11 Percent of Class Represented by Amount in Row (9)
10.6%
12 Type of Reporting Person (See Instructions)
CO
<PAGE>
CUSIP NO. 038197109 13G Page 3 of 4 Pages
Item 1(a) Name of Issuer:
Applied Films Corporation
Item 1(b) Address of Issuer's Principal Executive Offices:
6797 Winchester Circle
Boulder, CO 80301
Item 2(a) Name of Person Filing:
Gentex Corporation
Item 2(b) Address of Principal Business Office or, if None, Residence:
600 N. Centennial Street
Zeeland, MI 49464
Item 2(c) Citizenship:
Michigan
Item 2(d) Title of Class of Securities:
Common Stock, no par value
Item 2(e) CUSIP Number:
038197109
Item 3 If this statement is filed pursuant to Rule 13d-1(b), or
13d-2(b) or (c) check whether the person filing is a:
(a) __ Broker or Dealer registered under Section 15 of the Act;
(b) __ Bank as defined in Section 3(a)(6) of the Act;
(c) __ Insurance Company as defined in Section 3(a)(19) of the
Act;
(d) __ Investment Company registered under Section 8 of the
Investment Company Act;
(e) __ Investment Advisor registered under Section 203 of the
Investment Advisers Act of 1940;
(f) __ Employee Benefit Plan, Pension Fund which is subject to
the provisions of the Employee Retirement Income
Security Act of 1974, or Endowment Fund; see Rule
13d-1(b)(1)(ii)(F);
(g) __ Parent Holding Company, in accordance with Rule
13d-1(b)(ii)(G) (Note, See Item 7);
(h) __ Group, in accordance with Rule 13d-1(b)(1)(ii)(H).
If this statement is filed pursuant to Rule 13d-1(c), check this box __X__
<PAGE>
CUSIP NO. 038197109 13G Page 4 of 4 Pages
Item 4 Ownership:
Provide the following information regarding the aggregate number
and percentage of the class of securities of the issuer
identified in Item 1.
(a) Amount beneficially owned: 369,000
(b) Percent of Class: 10.6%
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
369,000
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
369,000
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5 Ownership of 5 Percent or Less of a Class:
Not applicable
Item 6 Ownership of More than 5 Percent on Behalf of Another Person:
Not applicable
Item 7 Identification and Classification of the Subsidiary which
Acquired the Security Being Reported on by Parent Holding
Company:
Not applicable
Item 8 Identification and Classification of Members of the Group:
Not applicable
Item 9 Notice of Dissolution of Group:
Not applicable
Item 10 Certification: By signing below I certify that, to the best of my
knowledge and belief, the securities referred to above were not
acquired and are not held for the purpose of or with the effect
of changing or influencing the control of the issuer of the
securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose
or effect.
SIGNATURE:
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
August 21, 1998
(Date)
/s/ Enoch Jen
(Signature)
Enoch Jen
Vice President, Finance & Treasurer
(Name and Title)