Prepared By R.R. Donnelley Financial -- Form 8-K
 
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):  05/24/2005
 
Technitrol, Inc.
(Exact Name of Registrant as Specified in its Charter)
 
Commission File Number:  001-05375
 
PA
  
23-1292472
(State or Other Jurisdiction of
  
(I.R.S. Employer
Incorporation or Organization)
  
Identification No.)
 
1210 Northbrook Drive, Suite 470, Trevose, PA 19053
(Address of Principal Executive Offices, Including Zip Code)
 
(215) 355-2900
(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:
[  ]   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(17CFR240.14a-12)

[  ]   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17CFR240.14d-2(b))

[  ]   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17CFR240.13e-4(c))
 

Items to be Included in this Report

 
Item 2.05.    Costs Associated with Exit or Disposal Activities
 
On May 17, 2005, in order to reduce overhead expense, Technitrol, Inc. committed to consolidate AMI Doduco's European production from five factories to four. In connection with this consolidation, AMI Doduco's manufacturing operations in Italy are being closed. The affected employees were notified on May 24, 2005. Technitrol estimates that the total amount incurred in connection with the consolidation will range from $3.2 to $3.8 million, consisting principally of employee related severance expense and fixed asset write-downs. Technitrol estimates that approximately 80% of the total amount will result in future cash expenditures.
 

 

Signature(s)
 
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.
 
      
 
Technitrol, Inc.
 
 
Date: May 31, 2005.
     
By:
 
/s/    Ann Marie Janus
               
Ann Marie Janus
               
Corporate Secretary