TOPRO INC
8-K, 1997-04-18
ELECTRICAL INDUSTRIAL APPARATUS
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<PAGE>   1
                       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


                                April 18 , 1997
                              --------------------
                                 Date of Report
                       (Date of Earliest Event Reported)


                                  TOPRO, INC.
             ------------------------------------------------------
             (Exact name of Registrant as specified in its charter)



          Colorado                         0-19167              84-1042227
- -------------------------------          -----------         -----------------
(State or other jurisdiction of          (Commission         (I.R.S. Employer
  incorporation or organization)          File No.)           I. D. Number)


2525 West Evans Avenue, Denver, Colorado                          80219
- ----------------------------------------                       -----------
(Address of principal executive offices)                        (zip code)


                                 (303) 935-1221
                              --------------------
              (Registrant's telephone number, including area code)




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ITEM 5.   OTHER EVENTS.

     Information concerning the Company's receipt of proceeds from the exercise
of warrants is incorporated by reference from the Company's Press Release dated
April 18, 1997, which is filed as Exhibit 20.1 hereto.


ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS

         (a)      Not applicable

         (b)      Not applicable

         (c)      Exhibits.  The following exhibits are filed with this Report:

                  20.1     Press Release dated April 18, 1997



                                   SIGNATURES

         Pursuant to the requirements of Section 13 or 15(d) 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.

                                                     Topro, Inc.

Date: April 18, 1997                                 By:   /s/ John Jenkins
- --------------------                                    -------------------
                                                           John  Jenkins
                                                           President and CEO

                                       2

<PAGE>   3


                                 EXHIBIT INDEX


EXHIBIT
NUMBER      DESCRIPTION
- -------     -----------


  20.1      Press Release dated April 18, 1997




<PAGE>   1



                                                                   EXHIBIT 20.1


                     TOPRO, INC. RECEIVES WARRANT PROCEEDS


DENVER, CO. (APRIL 18, 1997) - TOPRO, INC. (NASDAQ - TPRO) announced today that

it received approximately $900,000 in proceeds from the exercise of Warrants

which Topro had called to be redeemed by April 11, 1997. The Company intends to

use these funds to support its growth driven working capital requirements.

                                     # # #

                                   CONTACTS:


Topro, Inc.                                           Pacific Consulting Group
John Jenkins, CEO                                                 Scott Liolis
303/935-1221                                                      714/574-3860





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