UNITED STATES

SECURITY AND EXCHANGE COMMISSION

Washington, D.C. 20549

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FORM 8-K

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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 27, 2008

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National Presto Industries, Inc.

(Exact name of registrant as specified in its chapter)

 

 

 

Registrant’s telephone number, including area code:   715-839-2121

 

N/A

(Former name or former address, if changed since last report)

 

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

o    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13a-4(c))

 

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Item 2.02.    Results of Operations and Financial Condition

 

On February 29, 2008, the registrant issued a press release regarding the registrant’s preliminary results of operations for the year ended December 31, 2007. The full text of the press release is filed as Exhibit 99.1 to this Form 8-K. Such Exhibit shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

 

Item 5.02.    Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

 

The registrant announced that Terry Peterson has been elected to be its Chief Financial Officer effective April 14, 2008. Mr. Peterson is 48 years old. Mr. Peterson is a CPA. He worked two years with Arthur Andersen prior to joining Phillip Morris and Miller Brewing Company. At Philip Morris and Miller Brewing, he spent thirteen years working in various aspects of accounting and accounting management including internal audit, manufacturing and sales. Since 2003, he has been Executive Director of the L.E. Phillips Career Development Center, a non-profit organization, responsible for the management of all facets of the business.

 

A new release describing the above in more detail is attached as Exhibit 99.1.

 

Forward looking statements in this Form 8-K are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. There are certain important factors that could cause results to differ materially from those anticipated by some of the statements made herein. Investors are cautioned that all forward looking statements involve risks and uncertainty. In addition to the factors discussed above, among the other factors that could cause actual results to differ materially are the following: government defense spending and defense requirements; termination for the convenience of the government; interest rates; continuity of relationships with and purchases by the United States Government and other major customers; unexpected problems or events experienced by subcontractors, team members, or their respective suppliers or subcontractors; product mix; competitive pressure on pricing; increases in material, freight/shipping, labor or other production costs that cannot be recouped through pricing; and such other factors as may be described from time to time in the Registrant’s SEC filings.

 

SIGNATURE

 

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.

 

 

 

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