UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
March 31, 1998
(Date of Report - Date of earliest event reported)
HAYNES INTERNATIONAL, INC.
(Exact name of registrant as specified in its charter)
Commission File Number: 333-5411
<TABLE>
<CAPTION>
<S> <C>
Delaware . . . . . . . . . . . . 06-1185400
(State or other jurisdiction of. (IRS Employer
incorporation or organization) . Identification No.)
1020 West Park Avenue, . . . . . 46904-9013
Kokomo, Indiana
(Address of principal executive. (Zip Code)
offices)
(765) 456-6000
(Registrant's telephone number,
including area code)
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Item 4. Change In Registrant's Certifying Accountant.
1. On March 31, 1998, the Board of Directors of the Corporation engaged the
accounting firm of Deloitte & Touche LLP as independent accountants for the
Corporation effective as of April 1, 1998, and accordingly dismissed Coopers &
Lybrand L.L.P. in such capacity.
2. The report of Coopers & Lybrand L.L.P. on the financial statements for
the past two years contained no adverse opinion or disclaimer of opinion and
was not qualified or modified as to uncertainty, audit scope or accounting
principles.
3. The Board of Directors has approved the dismissal of Coopers & Lybrand
L.L.P. and the engagement of Deloitte & Touche LLP.
4. During the two most recent fiscal years ended September 30, 1997 and
1996 and any subsequent interim period, there have been no disagreements with
Coopers & Lybrand L.L.P. on any matter of accounting principles or practices,
financial statement disclosure or auditing scope or procedure, and there have
been no reportable events (as defined in Item 304 of Regulation S-K of the
Securities and Exchange Commission) through March 31, 1998.
5. The Corporation has furnished Coopers & Lybrand L.L.P. with a copy of
this Form 8-K/A and has requested that Coopers & Lybrand L.L.P. furnish it
with a letter addressed to the United States Securities and Exchange
Commission (the "SEC") stating whether it agrees with the above statements. A
copy of the Coopers & Lybrand L.L.P. letter to the SEC, dated April 24, 1998,
is filed as Exhibit 16 to this current Report on Form 8-K/A.
6. During the two most recent fiscal years ended September 30, 1997 and
1996 and any subsequent interim period, the Corporation has not consulted
Deloitte & Touche LLP regarding any matter requiring disclosure in this Form
8-K/A.
Item 7 Financial Statements and Exhibits
1. Financial Statements of Businesses Acquired. None
2. Proforma Financial Information. None
3. Exhibits
Exhibit No. Description
16 Letter from Coopers & Lybrand L.L.P. to the SEC dated April 24,
1998
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.
Date: April 24, 1998
By: /s/ Michael D. Austin
Michael D. Austin
President and Chief Executive Officer
Date: April 24, 1998
By: /s/ Joseph F. Barker
Joseph F. Barker
Vice President, Finance and
Chief Financial Officer
Exhibit 16
April 24, 1998
Securities and Exchange Commission
450 5th Street, N.W.
Washington, DC 20549
Commissioners:
We have read the statements made by Haynes International, Inc. (copy
attached), which we understand will be filed with the commission, pursuant to
Item 4 of Form 8-K/A, as part of the company's Form 8-K/A report for the month
of March, 1998. We agree with the statements concerning our Firm in such Form
8-K/A.
Very truly yours,
/s/ COOPERS & LYBRAND LLP
Coopers & Lybrand L.L.P.
