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
August 25, 1998 (August 14, 1998)
Date of Report (Date of earliest event reported)
DT INDUSTRIES, INC.
(Exact name of registrant as specified in charter)
DELAWARE
(State or other jurisdiction of incorporation)
0-23400 44-0537828
(Commission File Number) (I.R.S. Employer Identification Number)
1949 East Sunshine, Suite 2-300
Springfield, MO 65804
(Address of principal executive offices)
(Zip code)
(417) 890-0102
(Registrant's telephone number, including area code)
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ITEM 5. OTHER EVENTS
On August 14, 1998, DT Industries (the "Company") purchased substantially all of
the assets and assumed certain liabilities of Scheu & Kniss, Inc., for a cash
purchase of $9.6 million and a promissory note of $625,000. Scheu & Kniss,
headquartered in Louisville, Kentucky, is a leading manufacturer of quality
tablet press replacement parts and rebuild services serving primarily the
pharmaceutical, nutritional, battery and confectionery industries. Annualized
sales approximate $7.5 million.
Statements contained in the attached press release that are not historical facts
are forward-looking statements that are subject to the safe harbor provisions of
Section 27A of the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. References to "plans" and
"opportunities" in the attached press release indicate such forward-looking
statements. Actual results could differ materially from those anticipated in any
forward-looking statements as a result of various factors, including economic
downturns in industries served, delays or cancellations of customer orders,
delays in shipping dates of products and delays in achieving anticipated cost
savings.
ITEM 7. FINANCIAL STATEMENTS, PROFORMA FINANCIAL INFORMATION AND EXHIBITS
(a) Press release of the Company dated August 21, 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.
DT INDUSTRIES, INC.
Date: August 25, 1998 by: /s/ Bruce P. Erdel
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Bruce P. Erdel
Senior Vice President - Finance
and Secretary
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EXHIBIT INDEX
Page no. in
Sequential
Exhibit No. Description Numbering System
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99 Press Release of the
Company dated
August 21, 1998.
EXHIBIT 99
DT Industries, Inc.
1949 E. Sunshine
Suite 2-300
Springfield, MO 65804
NASDAQ: DTII
FOR FURTHER INFORMATION:
At the Company: At The Financial Relations Board:
Bruce P. Erdel Karl Plath Bill Schmidle
Vice President, Finance General Information Analyst Contact
417/890-0102 312/640-6738 312/640-6753
DT INDUSTRIES ACQUIRES SCHEU & KNISS, INC.
Springfield, Mo., August 21, 1998--DT Industries, Inc. (Nasdaq: DTII) today
announced it has purchased substantially all of the assets and assumed certain
liabilities of Scheu & Kniss, Inc., for a cash purchase of $9.6 million and a
promissory note of $625,000.
Scheu & Kniss, headquartered in Louisville, Kentucky, is a leading manufacturer
of quality tablet press replacement parts and rebuild services serving primarily
the pharmaceutical, nutritional, battery and confectionery industries.
Annualized sales approximate $7.5 million.
Stephen J. Gore, president and chief executive officer of DTI, said, "Scheu &
Kniss is a complementary acquisition to our Packaging Machinery Group. We have
identified synergies with out existing business and plan to capitalize on those
opportunities. We are committed to the experienced staff and management of the
Louisville plant and look forward to growing the business at that facility."
DT Industries, Inc. is a leading designer, manufacturer and integrator of
automated production equipment used to assemble, test or package industrial and
consumer products. The company also produces precision metal components, tools
and dies for a broad range of industrial applications.
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