SECURITES 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) February 24, 1997
Fairfield Manufacturing Company, Inc.
(Exact name of Registrant as specified in its charter)
Delaware 63-0500160
(State or other jurisdiction (I.R.S. Employer
of incorporation or organization) Identification No.)
Commission File No: 33-62598
U.S. 52 South, Lafayette, IN 47905
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (765) 474-3474
News Release
Date: Immediate (February 24, 1997)
Contact: Richard A. Bush
Vice President Finance
Fairfield Manufacturing Company, Inc.
(765) 474-3128 ext. 301
Fairfield Manufacturing to Offer $50 million of Preferred Stock
Lafayette, Indiana -- Fairfield Manufacturing Company, Inc. announced it
will offer up to $50 million of cumulative exchangeable preferred stock. The
preferred stock will be mandatorily redeemable in 2009 and will be optionally
redeemable by Fairfield beginning in 2002 at certain specified redemption
prices. The preferred stock will not be registered under the Securities Act and
may not be offered or sold in the United States absent registration or an
applicable exemption from registration requirements. The proposed preferred
stock offering will be made based on applicable exemption from registration
requirements, including Rule 144A of the Securities Act, and is expected to be
completed by the middle of March 1997.
Fairfield Manufacturing Company, Inc. is the leading independent
manufacturer of high precision custom gears and planetary gear systems in North
America with 1996 net sales of $195.2 million.
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.
Fairfield Manufacturing Company, Inc.
/s/ Richard A. Bush
Richard A. Bush
Vice President Finance
Dated: February 26, 1997
