MAG-2012 8K 1219


 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC  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):  December 14, 2012
 
 
MAGNETEK, INC.
(Exact Name of Registrant as Specified in its Charter)
 
Delaware
 
1-10233
 
95-3917584
(State or Other Jurisdiction
of Incorporation)
 
(Commission File
Number)
 
(IRS Employer
Identification No.)
 
N49 W13650 Campbell Drive
 
 
Menomonee Falls, WI
 
53051
(Address of Principal Executive Offices)
 
(Zip Code)
 
(262) 783-3500
(Registrant's telephone number, including area code)
 
N/A
(Former Name or Former Address, if Changed Since Last Report)
 
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 (see General Instruction A.2. below):

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 240.13e-4(c))








 






Item 8.01     Other Events. 
 
On December 19, 2012, Magnetek, Inc. (the “Company”) announced that it expects to report a non-cash pre-tax asset impairment charge of approximately $1 million in its fourth quarter operating results.  The Company determined that an impairment of fixed assets used in the manufacture and test of renewable energy inverters exists, due to current and expected incoming order and sales levels of the Company's inverters into renewable energy markets.

A copy of the press release announcing the non-cash impairment charge is attached as Exhibit 99.1 to this Form 8-K.

Item 9.01 - Financial Statements and Exhibits
(d) Exhibits. 
Exhibit
Number
Description
99.1
Magnetek, Inc. press release dated December 19, 2012 entitled “Magnetek Announces Non-Cash Impairment Charge.”


 








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.
Dated: December 19, 2012

 
MAGNETEK, INC.
 
 
 
 
 
By:
/s/ Marty J. Schwenner
 
 
Marty J. Schwenner
 
 
Vice President and Chief Financial Officer










Exhibit Index

Exhibit
Number
Description
99.1
Magnetek, Inc. press release dated December 19, 2012 entitled “Magnetek Announces Non-Cash Impairment Charge.”