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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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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): November 11, 1999
HMI INDUSTRIES INC
(Exact name of registrant as specified in its charter)
DELAWARE
(State or Other Jurisdiction of Incorporation)
2-30905 36-1202810
(Commission File Number) (IRS Employer Identification No.)
3631 PERKINS AVE.
CLEVELAND, OHIO 44114
(Address of Principal Executive Offices and Zip Code)
Registrant's telephone number, including area code: (216) 432-1990
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ITEM 5. OTHER EVENTS.
On November 11, 1999, HMI Industries Inc. issued a press release to announce its
expectation of positive earnings from continuing operations for the fourth
quarter ended September 30, 1999. HMI also announced that it expects to offer
for sale up to 2,500,000 shares of its common stock in a transaction exempt from
the registration requirements under federal securities law. The press release is
attached as Exhibit 99 and this form 8-K incorporates by reference the
forward-looking statements contained in the press release.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
(c) Exhibits
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99 Press release of HMI Industries Inc. dated Attached
November 11, 1999.
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.
HMI INDUSTRIES INC.
(Registrant)
Date: November 15, 1999 By: /s/ Julie A. McGraw
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Julie A. McGraw
Vice President - Corporate Controller
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EXHIBIT 99
Contact: HMI Industries Inc.
James R. Malone
Carl H. Young III
(216) 361-5555
FOR IMMEDIATE RELEASE
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HMI Industries Inc. Expects Profitable Fourth Quarter
CLEVELAND, Ohio, November 11, 1999...HMI Industries Inc. announced that it
expects earnings from continuing operations for its fourth quarter results for
the fiscal year ended September 30, 1999 to be profitable for the first time in
16 quarters. The company also announced that it expects to offer for sale up to
2,500,000 shares of its common stock in a transaction exempt from the
registration requirements under federal securities law. The company expects to
conclude the sale of its shares before December 31, 1999.
HMI is a globally oriented, direct selling company engaged in the manufacture
and sale of high filtration portable surface cleaners, central vacuum cleaning
systems and portable room air cleaners. The company's high filtration portable
surface cleaner and portable room air cleaner are sold under the trade names
Filter Queen(R), Princess(R), Majestic(R), Empress(R) and Defender(R) and its
central vacuum cleaning system is sold under the trade names Vacu-Queen(R) and
Majestic II(R). The company's shares are traded on the OTC Bulletin Board under
the symbol "HMII.OB."
The statements in the first paragraph of this press release are based on current
expectations. Those statements are forward-looking statements that involve risks
and uncertainties, and actual results may differ materially. Among other factors
that could cause actual results to differ materially are the following: business
and economic conditions; unanticipated costs; and other risk factors listed from
time to time in the company's SEC reports, including, but not limited to, the
report on Form 10-Q for the fiscal quarter ended June 30, 1999 (Part I, Item 2,
MD&A section).
