Atkore Inc 8-K, filed Aug 31, 2022
Atkore Inc. (ATKR)
8-K
2022-08-31
For: 2022-08-31
View Original
Added on
April 08, 2026
About this 8-K
Atkore Inc filed this 8-K on August 31, 2022.
Items reported
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
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): August 31, 2022
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||||||||
(Address of principal executive offices) (Zip Code)
(708 ) 339-1610
(Registrant's telephone number, including area code)
N/A
(Former name )
(Former name )
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:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading symbol | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01. Regulation FD Disclosure.*
On August 31, 2022, Atkore Inc. (the "Company") issued a press release announcing it has acquired two separate, but related, companies doing business as Cascade Poly Pipe & Conduit (“Cascade”) and Northwest Polymers. Cascade is a manufacturer specializing in smooth wall HDPE conduit made from recycled materials, primarily serving the telecommunications, utility and datacom markets; and Northwest Polymers is a leading recycler of PVC, HDPE and other plastics and a strategic supply partner to Cascade and other manufacturers in the region. A copy of the press release is being furnished as Exhibit 99.1, and is incorporated by reference herein.
Item 9.01. Financial Statements and Exhibits.*
Exhibit No. | Description of Exhibit | |||||||
| 99.1 | ||||||||
| 104 | Inline XBRL for the cover page of this Current Report on Form 8-K | |||||||
* | In accordance with General Instruction B.2 of Form 8-K, the information in Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 ("Exchange Act"), as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing. | |||||||
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.
ATKORE INC.
By: /s/ Daniel S. Kelly
Daniel S. Kelly
Vice President, General Counsel and Secretary
Vice President, General Counsel and Secretary
Date: August 31, 2022
 | Exhibit 99.1 | ||||
Contact: Lisa Winter
Vice President - Communications Atkore Inc.
708 225-2453
John Deitzer
Vice President – Investor Relations & Treasury
Atkore Inc.
708 225 2124
Atkore Inc. Announces Acquisition of Cascade Poly Pipe & Conduit and Northwest Polymers
Harvey, Illinois, August 30, 2022/Business Wire/ -- Atkore Inc. (“Atkore”), today announced the acquisitions of two separate but related Oregon-based companies doing business as Cascade Poly Pipe & Conduit (“Cascade”) and Northwest Polymers. Cascade is a manufacturer specializing in smooth wall HDPE conduit made from recycled materials, primarily serving the telecommunications, utility and datacom markets (https://www.cascadepoly.com/); and Northwest Polymers is a leading recycler of PVC, HDPE and other plastics and a strategic supply partner to Cascade and other manufacturers in the region (https://nwpoly.com/).
According to John Pregenzer, President of Atkore’s Electrical business, “The acquisition of Cascade strengthens Atkore’s product portfolio, establishes a HDPE conduit manufacturing presence in the Pacific Northwest to better serve customers, and enables us to meet growing demands resulting from the expansion of 5G wireless networks and the U.S. infrastructure bill funding supporting broadband to rural and underserved communities. Equally important, the acquisition of Northwest Polymers supports Atkore’s environment, social and governance commitment to address sustainability throughout the supply chain.”
With the addition of Cascade and Northwest Polymers, the Company now has deployed more than $310 million dollars to complete six acquisitions in Fiscal Year 2022.
Bill Waltz, Atkore President and CEO, noted, “Atkore remains diligent in executing upon our capital allocation strategy to drive value creation for our shareholders through organic investments, M&A and stock repurchases. The acquisitions of Cascade and Northwest Polymers align to this strategy and enable Atkore to continue delivering differentiated and sustainable solutions for our customers.”
With approximately 30 employees, Cascade will continue operations at its Woodburn, Oregon location, and with approximately 80 employees, Northwest Polymers will continue operations at its Molalla, Oregon, location. Terms of the sale are undisclosed.
About Atkore Inc.
Atkore is forging a future where our employees, customers, suppliers, shareholders and communities are building better together – a future focused on serving the customer and powering and protecting the world.
With a global network of manufacturing and distribution facilities worldwide, Atkore is a leading provider of electrical, safety and infrastructure solutions.
To learn more, please visit at www.atkore.com.