SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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 REPORT): 2-3-03
AMERON INTERNATIONAL CORPORATION
(Exact name of Registrant as Specified in its Charter)
Delaware 1-9102 77-0100596
(State or other jurisdiction (Commission (IRS Employer
of Incorporation) File No.) Identification Nol.)
245 South Los Robles Ave., Pasadena, California 91101
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(626) 683-4000
Item 5. Other Events
The attached announcement was released to the news media on February 3, 2003.
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.
AMERON INTERNATIONAL CORPORATION
Date: February 4, 2003 By: /s/ Javier Solis
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Javier Solis
Senior Vice President & Secretary
Ameron Announces Favorable Resolution of CAP Suit
PASADENA, Calif.--(BUSINESS WIRE)--Feb. 3, 2003--Ameron International
Corporation (NYSE:AMN) today announced that a final settlement had been reached
in a long-standing dispute involving the U.S. Bureau of Reclamation and other
parties regarding pipe siphons manufactured by Ameron in the 1970's for the
Central Arizona Project (CAP).
James S. Marlen, Ameron's Chairman, President and Chief Executive Officer,
commented, "We are satisfied with the resolution of this issue which has been
ongoing for over 10 years. Ameron will receive sufficient reimbursement from its
own and a supplier's insurance companies to fully cover the settlement. We are
extremely pleased to put this issue behind us."
Ameron International Corporation is a multinational manufacturer of
highly-engineered products and materials for the chemical, industrial, energy,
transportation and infrastructure markets. Traded on the New York Stock Exchange
(AMN), Ameron is a leading producer of water transmission lines;
high-performance coatings and finishes for the protection of metals and
structures; fiberglass-composite pipe for transporting oil, chemicals and
corrosive fluids and specialized materials and products used in infrastructure
projects. The Company operates businesses in North America, South America,
Europe, Australasia and Asia. It also participates in several joint-venture
companies in the U.S., Saudi Arabia, Kuwait, Egypt and Mexico.
Cautionary statement for purposes of the "Safe Harbor" provisions of The
Private Securities Litigation Reform Act of 1995: Any statements in this report
that refer to the estimated or anticipated future results of Ameron
International Corporation ("Ameron" or the "Company") are forward-looking and
reflect the Company's current analysis of existing trends and information.
Actual results may differ from current expectations based on a number of factors
affecting Ameron's businesses, including competitive conditions and changing
market situations. Matters affecting the economy generally, including the state
of economies worldwide, can affect Ameron's results. Forward-looking statements
represent the Company's judgment only as of the date of this report. Since
actual results could differ materially, the reader is cautioned not to rely on
these forward-looking statements. Moreover, Ameron disclaims any intent or
obligation to update these forward-looking statements.
CONTACT: Ameron International Corporation
James S. Marlen/Gary Wagner, 626/683-4000