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):
April 15, 2013
MEASUREMENT SPECIALTIES, INC.
(Exact name of registrant as specified in its charter)
New Jersey | 1-11906 | 22-2378738 |
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
1000 Lucas Way, Hampton, VA 23666
(Address of principal executive offices) (Zip Code)
(757) 766-1500
Registrant's telephone number, including area 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 240.14a-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))
Item 1.01 Entry into a Material Definitive Agreement.
On April 15, 2013, Measurement Specialties (Chengdu) Ltd. (“MEAS Chengdu”), a subsidiary of Measurement Specialties, Inc. (the “Company”), entered into a construction contract with China Huashi Enterprises Company Limited for the construction of a new industrial building for MEAS Chengdu in Chengdu, China. The cost of the building is expected to total approximately $6.5 million, excluding value added taxes. The approximately 17,300 square meter building is expected to be completed by March 2014. The construction of the new building is dependent on obtaining customary permits and approvals from local authorities.
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.
Measurement Specialties, Inc. | |
(Registrant) | |
/s/ Mark Thomson | |
Mark Thomson | |
Chief Financial Officer |
Date: April 19, 2013