secwatch.observer — SEC 8-K summary
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Issuer:     COGNEX CORP (CGNX)
CIK:        0000851205
Form:       8-K
Filed at:   2022-06-08T23:59:59+00:00
Accession:  0001157523-22-000748
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Cognex contract manufacturer fire in Indonesia; inventory losses estimated ~$70M
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- Fire at Cognex's primary contract manufacturer's Indonesia plant on June 7, 2022; no casualties reported.
- Finished goods and components in affected building valued at ~$35M; additional $35M Cognex-designated components owned by CM on site.
- Company working with CM to assess damage, explore shifting production; too early to determine full-year impact.
- Cognex does not currently expect material impact on Q2 2022 results; more details on Q2 earnings call.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/851205/000115752322000748/0001157523-22-000748-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/851205/000115752322000748/a52743634.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000748

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