UNITED
STATES
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
Date
of Report (Date of earliest event reported): June 4,
2007
_________________
Sypris
Solutions, Inc.
(Exact
name of registrant as specified in its charter)
|
Delaware
|
0-24020
|
61-1321992
|
||
|
(State
or Other Jurisdiction
of
Incorporation)
|
(Commission
File
Number)
|
(I.R.S.
Employer
Identification
No.)
|
||
|
101
Bullitt Lane, Suite 450
|
||||
|
Louisville,
Kentucky
|
40222
|
|||
|
(Address
of Principal Executive
Offices)
|
(Zip
Code)
|
Registrant’s
telephone number, including area code: (502) 329-2000
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:
[
] Written communications pursuant to Rule 425 under the Securities Act (17
CFR
230.425)
[
] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[
] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
[
] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
Section
5 - Corporate Governance and Management
Item
5.02(b) Departure
of Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements
of Certain Officers.
On
June 4, 2007, John M. Kramer, Group Vice President of Sypris
Solutions, Inc. and President of Sypris Technologies, Inc. announced his
retirement from his positions with the company effective July 9, 2007. He
will begin transitioning some of his duties in mid-June 2007. A copy of
the press release is attached as Exhibit 99.1 to this Current Report on Form
8-K
and is incorporated herein by reference.
Section
9 - Financial Statements and Exhibits
Item
9.01 Financial
Statements and Exhibits.
(d) Exhibits.
|
Exhibit
Number
|
Description
of Exhibit
|
|
|
99.1
|
Press
Release issued by Sypris Solutions, Inc. dated June 4,
2007.
|
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.
| SYPRIS SOLUTIONS, INC. | ||
| |
|
|
| Date: June 4, 2007 | By: | /s/ Jeffrey T. Gill |
|
Jeffrey
T. Gill
|
||
| President and Chief Executive Officer | ||
2
INDEX
TO EXHIBITS
|
Exhibit
Number
|
Description
of Exhibit
|
|
|
99.1
|
Press
Release issued by Sypris Solutions, Inc., dated June 4,
2007.
|
3
EXHIBIT
99.1
[LOGO
OMITTED]
For more information, contact: For Immediate Release
T.
Scott Hatton
Vice
President & CFO
(502)
329-2000
SYPRIS
APPOINTS SERGIO L. M. de CARVALHO AS PRESIDENT
OF
SYPRIS TECHNOLOGIES
LOUISVILLE,
Ky. (June 4, 2007) - Sypris Solutions, Inc. (Nasdaq/NM: SYPR) announced
today the appointment of Sergio L. M. de Carvalho to the position of Vice
President of Sypris Solutions and as President of Sypris
Technologies. He will succeed John M. Kramer, who plans to retire
effective July 9, 2007. Mr. Carvalho will be located in Louisville,
Kentucky and will report to Jeffrey T. Gill, the President and Chief Executive
Officer of Sypris Solutions.
Mr.
Carvalho will be joining Sypris following a successful career with ArvinMeritor,
during which time he established a strong record of achievement and managerial
progression through a variety of increasingly responsible assignments, the
most
recent of which was in the capacity of Vice President and General Manager of
the
Suspension, Trailer and Ride Control Division with responsibilities in the
Americas, Asia and Europe.
During
his career with ArvinMeritor, Mr. Carvalho also held executive responsibility
for several global business units within the Commercial Vehicle Systems Group,
including Bus and Coach Products, Government Products, Specialty Trucks Products
and Braking Systems. Furthermore, he has held responsibility for a
variety of engineering and business development roles, in addition to
implementing numerous continuous improvement and lean enterprise
initiatives. Mr. Carvalho, age 50, holds a Bachelor degree in Nuclear
Physics from the University of Sao Paulo, Brazil.
Commenting
on the announcement, Jeffrey T. Gill, President and Chief Executive Officer
of
Sypris Solutions, said, “It is with great pleasure that we welcome Sergio to the
Sypris executive team. Sergio’s extensive experience, industry
knowledge and track record of success will be invaluable in overseeing the
continued development of Sypris Technologies into a larger, increasingly
profitable global enterprise.”
Gill
added, “After thirty plus years with Sypris, Sypris Technologies and its
predecessor, Jack Kramer has left an indelible mark on Sypris. Jack
has overseen the unprecedented expansion of Sypris Technologies, effectively
transforming the company into a leading Tier 2 supplier to the commercial
vehicle industry. We thank Jack for his long and distinguished
service and wish him and his family the very best during the coming
years.”
Sypris
Solutions is a diversified provider of technology-based outsourced services
and
specialty products. The Company performs a wide range of
manufacturing and technical services, typically under multi-year, sole-source
contracts with major corporations and government agencies in the markets for
aerospace and defense electronics, truck components and assemblies, and test
and
measurement services. For more information about Sypris Solutions,
visit its Web site at www.sypris.com.
-
END
-
101
Bullitt Lane, Suite 450, Louisville, Kentucky 40222 • (502) 329-2000 • Fax (502)
329-2050 •
www.sypris.com