Form 8-K for Collins Industries, Inc.
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UNITED STATES
SECURITIES 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): May 17, 2005
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Collins Industries, Inc.
(Exact name of registrant as specified in its charter)
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Missouri 0-12619 43-0985160
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
15 Compound Drive, Hutchinson, KS 67502
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (620) 663-5551
Not Applicable
(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):
[ ] 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))
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Item 1.01 Entry into a Material Definitive Agreement.
On May 13, 2005, Collins Industries, Inc. (the "Company"), Collins Bus
Corporation ("Bus"), Wheeled Coach Industries, Inc. ("WCI"), Capacity of Texas,
Inc. ("Capacity"), Mobile-Tech Corporation ("Mobile"), Brutzer Corporation
("Brutzer"), Mid Bus, Inc. ("Mid Bus"), Mobile Products, Inc. ("Mobile
Products"), and World Trans, Inc. ("World Trans," and, together with the
Company, Bus, WCI, Capacity, Mobile, Brutzer, Mid Bus, and Mobile Products, the
"Borrowers"), certain lenders and Fleet Capital Corporation, as agent for the
lenders ("Agent"), entered into Amendment No. 8 ("Amendment") to Loan and
Security Agreement dated May 17, 2002 among the Borrowers, certain lenders and
Agent, as agent for such lenders.
The Amendment provides for, among other things, two additional term loans
by the Lenders to the Borrowers in the original principal amounts of $2,350,000
and $1,000,000 to finance Mid Bus' acquisition of certain real property and to
finance improvements thereon comprising the manufacturing facility that is
currently leased by the Company in Bluffton, Ohio.
The Amendment is attached hereto as Exhibit 10.1.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits.
10.1 Amendment No. 8 to Loan and Security Agreement, dated as of May 13,
2005.
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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.
COLLINS INDUSTRIES, INC.
Date: May 17, 2005
By: /s/ Donald Lynn Collins
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Name: Donald Lynn Collins
Title: President and Chief Executive Officer
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