National Presto Industries Inc 8-K, filed Feb 18, 2021
National Presto Industries Inc (NPK)
About this 8-K
National Presto Industries Inc filed this 8-K on February 18, 2021, reporting on events of February 17, 2021.
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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(Address of principal executive office)
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(Zip Code)
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13a-4(c))
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Exhibit
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Description
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99.1
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| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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National Presto Industries, Inc.
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(Registrant)
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Date: February 18, 2021
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By:
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/s/ Maryjo Cohen
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(Signature) Maryjo Cohen, President
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and Chief Executive Officer
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Exhibit 99.1
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NEWS RELEASE |
CONTACT: Ann Werner |
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FOR IMMEDIATE RELEASE |
(715) 839-2053 |
Important Safety Notice –
Voluntary Recall of Indoor Electric Smokers Model No. 0601304 and Model No. 0601405
Eau Claire, Wisconsin (February 17, 2021) – As a trusted name in home appliances for more than 115 years, National Presto Industries, Inc. (NYSE: NPK) (“Presto”) puts consumer safety first. Today, in partnership with the U.S. Consumer Product Safety Commission (CPSC), Presto voluntarily recalled all Presto® indoor electric smokers (Model No. 0601304 and Model No. 0601405).
Presto had received reports of smokers tripping circuit breakers and GFCI outlets. After examining the smokers, Presto determined that the heating element/wiring on each unit was defective, posing a potential shock hazard to consumers. There had been no reports of injury or property damage, but out of an abundance of caution, the Company decided to recall all units from the marketplace.
The Company has advised consumers who have a Presto® indoor electric smoker to immediately stop using the unit and to visit Presto’s website at www.gopresto.com/recall for details on how to return the product to receive a refund. Those consumers who do not have access to the internet may call 1-833-909-1524 instead.
This release contains “forward looking statements” made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995 that are subject to certain risks and uncertainties, as well as assumptions, that could cause actual results to differ materially from historical results and those presently anticipated or projected. In addition to the factors discussed above, other important risk factors are delineated in the Company’s various SEC filings.