UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
DC 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of
1934
Date
of report: May 9, 2008 (Date of earliest event reported: May 6,
2008)
RBC
BEARINGS INCORPORATED
(EXACT
NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
|
Delaware
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333-124824
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95-4372080
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(State
or other jurisdiction
of
incorporation)
|
(Commission
File
Number)
|
(IRS
Employer
Identification
No.)
|
One
Tribology Center
Oxford,
CT 06478
(Address
of Principal Executive Offices, Including Zip Code)
(203)
267-7001
(Registrant’s
Telephone Number, Including Area Code)
N/A
(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))
Page
1
Item
8.01. Other Events.
On
May 9,
2008, RBC
Bearings Incorporated (the
“Company”) announced the Federal District Court of Connecticut has issued an
injunction against SKF USA Inc. in connection with the sale of Nice® radial ball
bearings. The
injunction is effective on Monday May 12, 2008 at 5pm (EDT).A
copy of
the press release announcing the injunction is attached hereto as Exhibit 99.1
and is incorporated by reference herein.
Item 9.01
Financial Statements and Exhibits.
(d) Exhibits
Exhibit 99.1 Press Release of RBC Bearings Incorporated dated
May 9, 2008.
SIGNATURES
According
to the requirements of the Securities Exchange Act of 1934, the Company has
duly
caused this report to be signed on its behalf by the undersigned, hereunto
duly
authorized.
Date:
May
9, 2008
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RBC
BEARINGS INCORPORATED
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By:
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/s/
Thomas J. Williams
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Name:
Thomas J. Williams
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Title:
Corporate General Counsel &
Secretary
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Page
2
Exhibit
99.1
RBC
Bearings Announces
Issuance of Injunction Against SKF USA Inc. By Connecticut Federal District
Court
Oxford,
CT - May 9, 2008 - RBC Bearings Incorporated (Nasdaq: ROLL), a leading
international manufacturer of highly-engineered precision plain, roller and
ball
bearings for the industrial, defense and aerospace industries, today announced
the Federal District Court of Connecticut has issued an injunction against
SKF
USA Inc. in connection with the sale of Nice® radial ball bearings. Among other
things, the Federal Court found that SKF USA Inc.’s use of its current price
list and other advertisements created confusion in the marketplace about whether
SKF USA Inc. was still an authorized distributor of NICE products. The Federal
Court found that SKF USA Inc.’s “2008 price list was missing a significant
portion of RBC’s product line,” making its distribution by SKF USA Inc. “far
more damaging to RBC and more likely to create confusion.”
The
Federal Court’s injunction prohibits SKF USA Inc. from
distributing the current versions of its 2008 price list and product interchange
document. The Federal Court’s injunction also prohibits SKF USA Inc. from
suggesting to consumers that SKF
USA
Inc.is an
authorized distributor of Nice®
products. To comply with the injunction, SKF USA Inc.’s price lists,
advertisements and similar documents must “clearly disclaim any authorized
affiliation with the NICE brand and clearly disclaim any status as an authorized
distributor of Nice®
products.” The injunction is effective on Monday May 12, 2008 at 5pm
(EDT).
RBC
Bearings is the exclusive manufacturer of the complete
line of genuine Nice®
precision
ground, semi-ground, and unground bearings and bearing assemblies which are
available directly
from RBC Bearings or from its legally authorized distributors.
RBC
Bearings continues to offer for sale the full line of NICE branded
products.
About
RBC Bearings
RBC
Bearings Incorporated is an international manufacturer and marketer of highly
engineered precision bearings and components. Founded in 1919, the Company
is
primarily focused on producing highly technical or regulated bearing products
requiring sophisticated design, testing, and manufacturing capabilities for
the
diversified industrial, aerospace and defense markets. Headquartered in Oxford,
Connecticut, RBC Bearings currently employs approximately 2,145 people and
operates 22 manufacturing facilities in 4 countries.
Contacts
RBC
Bearings
Daniel
A.
Bergeron
203-267-5028
dbergeron@rbcbearings.com
FD
Ashton
Partners
Michael
Cummings
800-281-1163
investors@rbcbearings.com