SCI ENGINEERED MATERIALS 8-K 2011
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 27, 2011 (January 24, 2011)
SCI ENGINEERED MATERIALS, INC.
(Exact name of registrant as specified in its charter)
Commission file number: 0-31641
Registrant’s telephone number, including area code
(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):
ITEM 8.01 Other events.
SCI Engineered Materials, Inc. (“SCI” or “Company”) (OTC Bulletin Board: SCIA), announced today it has been notified by one of its large customers that their orders for 2011 will be reduced due to a manufacturing plant closing.
The Company's 2011 plans include increased sales of solar products, especially its innovative transparent conductive oxide systems for the solar industry. The anticipated sales growth is based on revenue from new customers, current product trials being converted into production orders, and increased bookings from core customers in other markets. SCI expects that sales to these customers will offset the revenue effect of this notification.
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 hereunto duly authorized.