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EX-99.1 - EXHIBIT 99.1 - ARGAN INCc23406exv99w1.htm
 
 
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 17, 2011
ARGAN, INC.
(Exact name of registrant as specified in its charter)
         
Delaware   001-31756   13-1947195
         
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer Identification No.)
     
One Church Street, Suite 201,
Rockville, MD
   
20850
     
(Address of principal executive offices)   (Zip Code)
Registrant’s telephone number, including area code: (301) 315-0027
Not Applicable
(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:
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 


 

Item 8.01 Other Events.
On October 17, 2011, the Company announced that its wholly-owned subsidiary, Gemma Power Systems, LLC, a Connecticut limited liability company (“GPS”), was awarded a contract with a value of approximately $165 million by East Texas Electric Cooperative, Inc. (“ETEC”) for the design and construction of a 49.9 megawatt biomass-fired power plant near Woodville, Texas. The Rural Utilities Service must issue its approval of the contract and issue a Finding of No Significant Impact (FONSI) for the project prior to full effectiveness of the contract. The owner has also provided GPS with a limited release for the start of critical planning and early engineering activities. The Company expects to receive a full notice-to-proceed no later than Spring 2012. Completion of the project is expected to occur in December 2014.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
         
Exhibit No.   Description
       
 
  99.1    
Argan, Inc., Press Release, issued October 17, 2011.
SIGNATURES
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.
         
  ARGAN, INC.
 
 
Date: October 18, 2011  By:   /s/ Arthur F. Trudel    
    Arthur F. Trudel, Senior Vice President and   
    Chief Financial Officer   

 

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EXHIBIT INDEX
         
Exhibit No.   Description
       
 
  99.1    
Argan, Inc., Press Release, issued October 17, 2011.

 

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