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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): October 3, 2023

 

MARINE PRODUCTS CORPORATION

(Exact name of registrant as specified in its charter)
_________________________

 

Delaware 1-16263 58-2572419
(State or Other Jurisdiction
of Incorporation)
(Commission File Number) (IRS Employer
Identification No.)

 

2801 Buford Highway NE, Suite 300, Atlanta, Georgia 30329
(Address of principal executive office) (zip code)

 

Registrant's telephone number, including area code: (404) 321-7910

 

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))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common Stock, $0.10 par value   MPX   New York Stock Exchange

 

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 8.01 Other Events.

 

On October 3, 2023, Marine Products Corporation issued a press release titled "Marine Products Corporation Announces Date for Third Quarter 2023 Financial Results and Conference Call." The press release announced the date that Marine Products Corporation will release its third quarter 2023 financial results. This release also provided the related conference call information.

 

Item 9.01 Financial Statements and Exhibits.

 

 99.1Press Release dated October 3, 2023
 104Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

-2-

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, Marine Products Corporation has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Marine Products Corporation
   
Date: October 3, 2023 /s/ Michael L. Schmit
  Michael L. Schmit
  Vice President and Chief Financial Officer

 

-3-

 

 

Exhibit 99.1

 

 

Marine Products Corporation Announces Date for

Third Quarter 2023 Financial Results and Conference Call

 

ATLANTA, October 3, 2023 – Marine Products Corporation (NYSE: MPX) announced today that it will release its financial results for the third quarter ended September 30, 2023 on Wednesday, October 25, 2023 before the market opens. In conjunction with its earnings release, the Company will host a conference call to review the Company's financial and operating results on Wednesday, October 25, 2023 at 8:00 a.m. Eastern Time.

 

Individuals wishing to participate in the conference call should dial toll-free (888) 660-6357, or (929) 201-6127 for international callers, and use conference ID number 9979064. For interested individuals unable to join via telephone, the call also will be broadcast and archived for 90 days on the Company's investor website. Interested parties are encouraged to click on the webcast link 10-15 minutes prior to the start of the conference call.

 

Marine Products Corporation is a leading manufacturer of high-quality fiberglass boats under the brand names Chaparral and Robalo. Chaparral’s sterndrive models include SSi Sportboats and SSX Luxury Sportboats, and the SURF Series. Chaparral’s outboard offerings include OSX Luxury Sportboats and the SSi Outboard Bowriders. Robalo builds an array of outboard sport fishing models, which include Center Consoles, Dual Consoles and Cayman Bay Boats. The Company continues to diversify its product lines through product innovation. With these premium brands, a solid capital structure, and a strong independent dealer network, Marine Products Corporation is prepared to capitalize on opportunities to increase its market share and generate superior financial performance to build long-term shareholder value. For more information on Marine Products Corporation visit our website at MarineProductsCorp.com.

 

For information about Marine Products Corporation or this event, please contact:

 

Michael L. Schmit

Chief Financial Officer

(404) 321-7910

irdept@marineproductscorp.com

 

Jim Landers

Vice President Corporate Services

(404) 321-2162

jlanders@marineproductscorp.com

 

 

 

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