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): December 2, 2005
Dynamic Materials Corporation
(Exact Name of Registrant as Specified in its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
0-8328 84-0608431
(Commission File Number) (I.R.S. Employer
Identification Number)
(303) 655-5700
(Registrant's Telephone Number, Including Area Code)
5405 Spine Road, Boulder, Colorado 80301
(Address of Principal Executive Offices) (Zip Code)
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
240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 14d-2(b)under Exchange
Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.133-4(c))
ITEM 1.01 Entry into a Material Definitive Agreement
On December 2, 2005, Dynamic Materials Corporation, a Delaware corporation
(the "Company"), through its AMK Welding Division ("AMK"), entered into a Supply
Agreement (the "Supply Agreement") with General Electric Company, through its GE
Energy Business ("GEE"). GEE is a major customer of the Company. Pursuant to the
Supply Agreement, AMK will perform a range of welding, heat treatment and
non-destructive testing services on ground-based power turbine components.
Annual production volumes associated with the Supply Agreement will be subject
to the receipt of firm orders by GEE from its customers. The Supply Agreement
will remain in effect for a period of five years.
A copy of the press release announcing the execution of the Supply
Agreement is attached hereto as Exhibit 99.1 and is incorporated herein by
reference.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits.
Exhibit 10.1 Supply Agreement, dated as of November 29, 2005, by and between
General Electric Company, through its GE Energy Business, and
Dynamic Materials Corporation, through its AMK Welding Division.
Exhibit 99.1. Press Release, dated December 5, 2005.
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 thereunto duly authorized.
DYNAMIC MATERIALS CORPORATION
By: /s/ Richard A. Santa
---------------------------------------
Richard A. Santa
Vice President and Chief Financial
Officer
Dated: December 5, 2005
INDEX TO EXHIBITS
Number Description
Exhibit 10.1 Supply Agreement, dated as of November 29, 2005, by and between
General Electric Company, through its GE Energy Business, and
Dynamic Materials Corporation, through its AMK Welding Division.
Exhibit 99.1. Press Release, dated December 5, 2005.