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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): January 25, 2005
MARINE PRODUCTS CORPORATION
(Exact name of registrant as specified in its charter)
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Delaware 1-6263 58-2572419
(State or Other Jurisdiction (Commission File Number) (IRS Employer
of Incorporation) Identification No.)
2170 Piedmont Road, NE, Atlanta, Georgia 30324
(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))
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Item 1.01. Entry into a Material Definitive Agreement
On January 25, 2005, Mr. Bill J. Dismuke was named to the Board of Directors of
the Registrant and will be compensated on the same basis as the other directors.
See item 5.02 below, which is hereby incorporated by reference.
Item 5.02. Departure of Director or Principal Officers; Election of Directors;
Appointment of Principal Officers.
Election of Director
On January 25, 2005, the Board of Directors of the registrant added Bill J.
Dismuke as a Class III Director effective January 25, 2005. Mr. Dismuke will be
compensated on the same basis as the other directors.
Mr. Dismuke, 68, is the retired President of Edwards Baking Company. Mr. Dismuke
serves as a director of Rollins, Inc., a position he has held since 1984, and
was recently appointed as a director of RPC, Inc. Mr. Dismuke has not been
appointed to any committee of the Board of Directors.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits.
Exhibit 99 - Press release dated January 31, 2005.
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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: January 31, 2005 /s/ BEN M. PALMER
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Ben M. Palmer
Vice President,
Chief Financial Officer and
Treasurer
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