SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): June 16, 1998
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Cordant Technologies Inc.
(Exact name of registrant as specified in its charter)
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Delaware
(State or other jurisdiction of incorporation)
1-6179 36-2678716
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Commission File Number (IRS Employer Identification No.
2475 Washington Boulevard, Ogden, Utah 84401-3498
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(Address of principal executive offices) (Zip Code)
(801) 629-2000
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Registrant's Telephone Number
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ITEM 5 - OTHER EVENTS
News Release: June 11, 1998
CORDANT COMPLETES BUY OF JACOBSON MFG. CO. INC.
Ogden, UT, June 11, 1998 - Cordant Technologies Inc. announced today that
its Huck International subsidiary has completed the previously announced
$270 million purchase of all outstanding shares of Jacobson Mfg. Co. Inc.
Jacobson is a leading manufacturer of high-quality, custom-designed metal
parts and fasteners and precision-engineered plastic products that are used
in automotive, construction, consumer products and heavy equipment
applications. Jacobson's injection molded plastic products include a
variety of components and end products used in the computer,
telecommunications and medical industries.
Jacobson's manufacturing facilities are located in Kennilworth, New Jersey;
Medina, Ohio; Altoona, Pennsylvania; Tempe, Arizona, Stanford, North
Carolina, and New Braunfels, Texas.
Cordant Technologies financed the acquisition with existing bank lines of
credit.
With more than 16,500 employees worldwide, Cordant Technologies (CDD-NYSE)
is a strategically balanced global business with consolidated annual sales
of approximately $2.2 billion. Cordant Technologies' Huck International
subsidiary delivers high performance industrial aerospace fastener systems,
and its Thiokol Propulsion business is the leading producer of solid rocket
propulsion systems. Cordant Technologies also holds a majority interest in
Howmet International Inc., a global manufacturer of aircraft and industrial
gas turbine engine components.
(END NEWS RELEASE)
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SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
CORDANT TECHNOLOGIES INC.
By:________________________________
Edwin M. North, Vice President and
Corporate Secretary
Dated: June 16, 1998
