Chicago Rivet & Machine Co. Files 8-K
Ticker: CVR · Form: 8-K · Filed: Jul 1, 2024 · CIK: 19871
| Field | Detail |
|---|---|
| Company | Chicago Rivet & Machine CO (CVR) |
| Form Type | 8-K |
| Filed Date | Jul 1, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $1.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, disclosure, regulation-fd
TL;DR
CRM filed a standard 8-K, no major news.
AI Summary
Chicago Rivet & Machine Co. filed an 8-K on July 1, 2024, to report information under Regulation FD. The filing does not contain specific details about new events, financial figures, or material changes, but serves as a standard disclosure update.
Why It Matters
This filing indicates a routine disclosure by Chicago Rivet & Machine Co. to the SEC, ensuring compliance with reporting regulations.
Risk Assessment
Risk Level: low — The filing is a routine 8-K for Regulation FD disclosure and does not contain specific material events or financial information that would indicate increased risk.
Key Players & Entities
- CHICAGO RIVET & MACHINE CO (company) — Filer
- July 1, 2024 (date) — Date of report
- 6303578500 (phone_number) — Business phone
- 901 Frontenac Road (address) — Principal Executive Offices
- Naperville, Illinois (location) — Principal Executive Offices
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report information under Regulation FD, as indicated by the filing's item information.
What is the company's full name as stated in the filing?
The company's full name is Chicago Rivet & Machine Co.
On what date was this report filed?
The report was filed on July 1, 2024.
What is the company's principal executive office address?
The company's principal executive office is located at 901 Frontenac Road, Naperville, Illinois 60563.
What is the company's telephone number?
The company's telephone number, including area code, is (630) 357-8500.
Filing Stats: 762 words · 3 min read · ~3 pages · Grade level 14.6 · Accepted 2024-07-01 16:05:34
Key Financial Figures
- $1.00 — ich registered Common Stock, par value $1.00 per share CVR NYSE American (Tradin
Filing Documents
- d838472d8k.htm (8-K) — 18KB
- 0001193125-24-173280.txt ( ) — 130KB
- cvr-20240701.xsd (EX-101.SCH) — 2KB
- cvr-20240701_def.xml (EX-101.DEF) — 2KB
- cvr-20240701_lab.xml (EX-101.LAB) — 14KB
- cvr-20240701_pre.xml (EX-101.PRE) — 9KB
- d838472d8k_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. Chicago Rivet and Machine Co. (the "Company"), headquartered in Naperville, Illinois, has announced the closure of its manufacturing facility in Albia, Iowa, which is expected to occur on or before October 1, 2024. The closure will impact all 19 full and part-time employees. The Albia facility has supplied tooling for the Company's full line of mechanical, hydraulic and pneumatic riveting machines serving both existing customers who own machines and customers purchasing new machines manufactured in the Company's Tyrone, Pennsylvania. manufacturing facility. After careful consideration, the Company's Board of Directors determined that it is in the Company's best interest to consolidate the operations of the Albia facility into the Tyrone facility. The strategic consolidation is seen as a step to streamline processes, improve delivery, reduce costs and add value for the Company's customers, shareholders and stakeholders. The Company anticipates incurring certain costs relating to one-time termination benefits and other costs associated with the closing and disposal of the facility and relocation of equipment, but these costs are not considered to be material to the Company's business. The Company wishes to thank all of the current and past employees, family members and community members in Albia who have contributed significantly to the Company's success over many years. This Current Report on Form 8-K contains certain "forward-looking statements" that are inherently subject to risks and uncertainties that may cause actual events to differ materially from those discussed herein. These statements, which are generally identifiable by the use of the words "will," "believe," "expect," "intend," "anticipate," "estimate," "forecast," "project," "plan" and similar expressions, are based on the beliefs and assumptions of management based on information available to the Company at the time such statements are made. Factors that may c
SIGNATURES
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. CHICAGO RIVET & MACHINE CO. By: /s/ Gregory D. Rizzo Date: July 1, 2024 Gregory D. Rizzo Chief Executive Officer