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UNITED STATES
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: AUGUST 25, 1998
INSILCO CORPORATION
(Exact Name of Registrant as specified in its charter)
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<S> <C> <C>
Delaware 0-22098 06-0635844
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(State or other jurisdiction of (Commission File No.) (IRS Employer Identification
incorporation or organization) Number)
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425 Metro Place North
Fifth Floor
Dublin, Ohio 43017
(614) 792-0468
(Address, including zip code, and telephone number
including area code of Registrant's
principal executive offices)
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ITEM 5. OTHER EVENTS.
On August 25, 1998 Insilco Corporation, (the "Company") announced that it had
acquired an Ireland based manufacturer of wire and cable assemblies, formerly
known as Telemara International, LTD. Company officials said the acquired
company's name would be changed to Insilco Teoranta. Insilco Teoranta, with 1997
revenues of approximately $4.0 million, employs 85 associates and operates from
manufacturing facilities located at Carraroe, County Galway, Ireland.
The Company's press release issued August 25, 1998 is attached as an exhibit and
is incorporated herein by reference.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits.
Exhibit No. Description
99 (a) Press release of the Company issued August 25, 1998.
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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.
INSILCO CORPORATION
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Registrant
Date: August 28, 1998 By: /s/ KENNETH H. KOCH
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Kenneth H. Koch
Vice President and General Counsel
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EXHIBIT INDEX
Exhibit No. Description
99 (a) Press release of the Company issued August 25, 1998.
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Exhibit 99(a)
Excellence in Electronics, Telecommunications, Automotive, Publishing
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NEWS RELEASE
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FOR IMMEDIATE RELEASE CONTACT: DAVID A. KAUER
VICE PRESIDENT & CFO
(614) 792-0468
INSILCO ACQUIRES IRISH WIRE AND CABLE ASSEMBLY OPERATION
Strategic Fit with Escod Wire and Cable Assembly Business
COLUMBUS, OHIO, AUGUST 25, 1998 - INSILCO CORPORATION (OTC:INSLD)
announced today that it had acquired an Ireland based manufacturer of wire and
cable assemblies, formerly known as Telemara International, LTD. Company
officials said the acquired company's name would be changed to Insilco Teoranta.
Insilco Teoranta, with 1997 revenues of approximately $4.0 million, employs 85
associates and operates from manufacturing facilities located at Carraroe,
County Galway, Ireland.
George Jadosh, Executive Vice President of the Insilco Technologies
Group, said, "With the worldwide boom in contract manufacturing, we are pleased
to expand our wire and cable assembly business into Ireland and Europe."
Insilco Corporation, based in suburban Columbus, Ohio, is a diversified
manufacturer of industrial components and a supplier of specialty publications.
The Company's industrial business units serve the automotive, electronics,
telecommunications and other industrial markets, and its publishing business
serves the school yearbook market. The Company had 1997 revenues in excess of
$500 million.
Investor Relations Contact: David A. Kauer or Stephen Smith, (614) 792-0468 or
write to Insilco Corporation, Investor Relations, 425 Metro Place North, Box
7196, Dublin, OH 43017 or call Melodye Demastus, Melrose Consulting (614)
771-0860. Or visit Insilco online at http://www.insilco.com.