TPI Composites, Inc. (NASDAQ:TPIC) Files An 8-K Results of Operations and Financial ConditionItem 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION
On March 16, 2017, TPI Composites, Inc. (the Company) issued a press release announcing its financial results for the three months and full year ended December 31, 2016. A copy of the Company’s press release is furnished herewith as Exhibit 99.1 to this current report on Form 8-K and is incorporated by reference herein. The Company also posted a presentation to its website at www.tpicomposites.com under the tab “Investor Relations” providing information regarding its results of operations and financial condition for the three months and full year ended December 31, 2016. The information contained in the presentation is incorporated by reference herein. The presentation is being furnished herewith as Exhibit 99.2 to this current report on Form 8-K. The Company’s website and the information contained therein is not part of this disclosure.
The information in Items 2.02 and 7.01 of this current report on Form 8-K (including Exhibits 99.1 and 99.3) are being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in Item 2.02 and 7.01 of this current report on Form 8-K (including Exhibits 99.1 and 99.3) shall not be incorporated by reference into any registration statement or other document to the Securities Act of 1933, as amended.
Item 7.01. REGULATION FD DISCLOSURE
The information set forth under Item 2.02 of this current report on Form 8-K is incorporated by reference as if fully set forth herein.
On March 16, 2017, the Company issued a press release announcing it has entered an agreement to supply Proterra Inc. with composite bus bodies for its Catalyst transit vehicles. A copy of the Company’s press release is furnished herewith as Exhibit 99.3 to this current report on Form 8-K and is incorporated by reference herein.
The information in Exhibit 99.3 of this current report on Form 8-K is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. The information in Item 7.01 of this current report on Form 8-K (including Exhibit 99.3) shall not be incorporated by reference into any registration statement or other document to the Securities Act of 1933, as amended.
Item 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits
99.1 – Press Release dated March 16, 2017
99.2 – Presentation dated March 17, 2017
99.3 – Press Release dated March 16, 2017
About TPI Composites, Inc. (NASDAQ:TPIC)
TPI Composites, Inc. manufactures composite wind blades. The Company operates through four segments. The United States segment includes the manufacturing of wind blades at its Newton, Iowa plant; the manufacturing of precision molding and assembly systems used for the manufacture of wind blades in its Warren, Rhode Island facility, and the manufacturing of composite solutions for the transportation industry, which it also conducts in its Rhode Island and Massachusetts facilities. The Asia segment includes the manufacturing of wind blades in facilities in Taicang Port, China and two in Dafeng, China; the manufacturing of precision molding and assembly systems in its Taicang City, China facility; the manufacturing of components in its second Taicang Port, China facility, and wind blade inspection and repair services. The Mexico segment manufactures wind blades from a facility in Juarez, Mexico. The Middle East and Africa segment manufactures wind blades from a facility in Izmir, Turkey. TPI Composites, Inc. (NASDAQ:TPIC) Recent Trading Information
TPI Composites, Inc. (NASDAQ:TPIC) closed its last trading session up +0.09 at 17.24 with 45,777 shares trading hands.