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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 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: January 5, 1994
KAYDON CORPORATION
A Delaware Corporation
Commission File Number: 0-12640 IRS Employer I.D. Number: 13-3186040
19329 U.S. 19 North, Suite 101, Clearwater, FL 34624
(Address of Principal Executive Offices)
Registrant's Telephone Number: (813) 531-1101
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TABLE OF CONTENTS
FORM 8-K
KAYDON CORPORATION
ITEM NUMBER PAGE
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Item 5. Other Events...................... 1
SIGNATURES...................................... 2
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ITEM 5. OTHER EVENTS
Kaydon Corporation has signed an agreement with Axel Johnson Inc.,
headquartered in Stamford, Connecticut, to acquire the assets and business of
Industrial Tectonics, Inc. located in Dexter, Michigan. Industrial Tectonics,
Inc. manufactures special balls used in measuring devices, floats, valves, ball
point pens and anti-friction bearings. Annual sales for the operation are
slightly over $10 million. The effective date of the purchase is expected to be
on or about January 31, 1994.
Kaydon has also acquired the assets of Kenyon Power Transmission Ltd.
effective December 4, 1993. Kenyon is a small manufacturer of pulleys and drive
components and is located in Manchester, England. Annualized sales of
approximately $2 million will be absorbed by Kaydon's Cooper Roller Bearing Co.
Ltd. subsidiary in King's Lynn, England.
The combined purchase price of the two aforementioned acquisitions do not
meet the significant asset acquisition threshold.
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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 thereunto duly authorized.
KAYDON CORPORATION
Date: January 5, 1994
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Lawrence J. Cawley
Chairman & Chief Executive Officer
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