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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): October 7, 1997
PITT-DES MOINES, INC.
(Exact name of registrant as specified in its charter)
Commonwealth of Pennsylvania 1-5259 25-0729430
(State or other jurisdiction of (Commission (IRS Employer
incorporation) File Number) Identification Number)
3400 Grand Avenue, Pittsburgh, Pennsylvania 15225
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (412) 331-3000
Not Applicable
(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
Attached hereto as Exhibit 99.1 and incorporated herein by reference, is a copy
of the Company's press release dated October 7, 1997 which announced the
acquisition of Sheffield Steel Products, a bridge fabricator located in Palatka,
Florida.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits
99.1 Press Release dated October 7, 1997 (filed herewith)
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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.
PITT-DES MOINES, INC.
By: /s/ R. A. Byers
_______________________
R. A. Byers
Vice President, Finance
and Chief Financial Officer
Dated: October 8, 1997
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EXHIBIT INDEX
Exhibit
Number
99.1 Press Release dated October 7, 1997
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Exhibit 99.1
PITT-DES MOINES, INC. ACQUIRES SHEFFIELD STEEL
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HOUSTON, October 7, 1997 Pitt-Des Moines, Inc. (AMEX: PDM) announced today that
its PDM Bridge division has acquired Sheffield Steel Products, a bridge
fabricator located in northeastern Florida.
Terms were not disclosed. Sheffield had been a unit of privately held
Vincennes Steel Corporation.
"The addition of Sheffield Steel to PDM Bridge strengthens our
competitiveness in the southeast bridge market," said John Grzybowski, president
of PDM Bridge. "The integration of Sheffield Steel with PDM Bridge will serve
to enhance the overall position of PDM Bridge as a national steel bridge
fabricator."
The company said the acquisition creates opportunities for PDM Bridge
to grow in new markets and extend its industry-recognized bridge capabilities
located in Eau Claire and Wausau, Wisconsin, where it employs 325 workers.
Sheffield Steel is located in Palatka, Florida, 60 miles south of
Jacksonville on the St. John's River. There are 60 workers employed at
Sheffield's operation, which is located in a 150,000 square foot facility on 56
acres.
PDM Bridge is a major fabricator of steel bridge structures and leads
the industry in the fabrication of complex steel bridges.
PDM is a diversified engineering, fabrication and construction company
that also processes and distributes a broad range of carbon and steel products.
PDM reported 1996 revenues of $468 million.