secwatch.observer — SEC 8-K summary
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Issuer:     CHICAGO RIVET & MACHINE CO (CVR)
CIK:        0000019871
Form:       8-K
Filed at:   2024-07-01T23:59:59+00:00
Accession:  0001193125-24-173280
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Chicago Rivet & Machine to close Albia, IA facility by Oct 1, 2024; consolidate into Tyrone, PA
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- Closure affects all 19 full and part-time employees at the Albia, Iowa facility.
- Operations to be consolidated into existing Tyrone, Pennsylvania manufacturing facility.
- Company expects one-time termination and relocation costs, but deemed not material.
- Consolidation intended to streamline processes, improve delivery, and reduce costs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/19871/000119312524173280/0001193125-24-173280-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/19871/000119312524173280/d838472d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-173280

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer