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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000897101-01-000090.txt : 20010207
<SEC-HEADER>0000897101-01-000090.hdr.sgml : 20010207
ACCESSION NUMBER:		0000897101-01-000090
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20010205
ITEM INFORMATION:		
FILED AS OF DATE:		20010206

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NATIONAL PRESTO INDUSTRIES INC
		CENTRAL INDEX KEY:			0000080172
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC HOUSEWARES & FANS [3634]
		IRS NUMBER:				390494170
		STATE OF INCORPORATION:			WI
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		
		SEC FILE NUMBER:	001-02451
		FILM NUMBER:		1525654

	BUSINESS ADDRESS:	
		STREET 1:		3925 N HASTINGS WAY
		CITY:			EAU CLAIRE
		STATE:			WI
		ZIP:			54703
		BUSINESS PHONE:		7158392121

	MAIL ADDRESS:	
		STREET 1:		3925 N HASTINGS WAY
		CITY:			EAU CLAIRE
		STATE:			WI
		ZIP:			54703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	NATIONAL PRESSURE COOKER CO
		DATE OF NAME CHANGE:	19710509
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>0001.htm
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     <!-- Control Number: 210536                                                           -->
     <!-- Rev Number:     1.0                                                              -->
     <!-- Client Name:    National Presto Industries, Inc.                                 -->
     <!-- Project Name:   Form 8-K                                                         -->
     <!-- Firm Name:      Prepared by AFPI EDGAR Plus                                      -->
     <TITLE>NATIONAL PRESTO INDUSTRIES, INC. FORM 8-K</TITLE>
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<BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR>
<P ALIGN="CENTER">&nbsp;</P>
<P STYLE="PAGE-BREAK-BEFORE:ALWAYS">&nbsp;</P><HR SIZE=5 COLOR=GRAY NOSHADE>

<P ALIGN="CENTER"><FONT SIZE="3"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>Washington, DC 20549</B></FONT></P><BR>

<P ALIGN="CENTER"><FONT SIZE="3"><B>FORM 8-K</B></FONT></P><BR>

<P ALIGN="CENTER"><FONT SIZE="3"><B>CURRENT REPORT<BR>
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</B></FONT></P><BR><BR>

<P ALIGN="CENTER"><FONT SIZE="3">Date of Report (Date of earliest reported) <B>February 5, 2001</B></FONT></P>

<P ALIGN="CENTER"><FONT SIZE="3"><B>National Presto Industries, Inc.</B><BR>
(Exact name of registrant as specified in its charter)</FONT></P><BR>

<DIV ALIGN=CENTER>
<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="TOP">
      <TD WIDTH="33%" ALIGN="CENTER"><FONT SIZE="3"><B>Wisconsin</B><BR>(State or other jurisdiction<BR>of incorporation<BR></FONT><BR>
      <TD WIDTH="33%" ALIGN="CENTER"><FONT SIZE="3"><B>1-2451</B><BR>(Commission<BR>File Number)<BR></FONT></TD>
      <TD WIDTH="33%" ALIGN="CENTER"><FONT SIZE="3"><B>39-0494170</B><BR>(IRS Employer<BR>Identification No.)<BR></FONT></TD></TR>
</TABLE>
</DIV><BR>

<DIV ALIGN=CENTER>
<TABLE CELLPADDING="0" CELLSPACING="0" BORDER="0" WIDTH="100%">
<TR VALIGN="TOP">
      <TD WIDTH="40%" ALIGN="CENTER"><FONT SIZE="3"><B>3925 North Hastings Way<BR>Eau Claire, Wisconsin</B><BR>(Address of principal executive office)</FONT></TD>
      <TD WIDTH="25%" ALIGN="CENTER"><FONT SIZE="3">&nbsp;<BR></FONT></TD>
      <TD WIDTH="33%" ALIGN="CENTER"><FONT SIZE="3"><B>54703-3703</B><BR>(Zip Code)<BR></FONT></TD></TR>
</TABLE>
</DIV><BR><BR>

<P ALIGN="CENTER"><FONT SIZE="3">Registrant&#146;s telephone number, including area code: (715) 839-2121</FONT></P><BR><BR>


<P ALIGN="CENTER"><FONT SIZE="3"><B>N/A</B><BR>
(Former name or former address, if changed since last report.)</FONT></P>

<BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR><BR>
<P ALIGN="LEFT"><FONT SIZE="2">Page 1 of 2</FONT></P>
<P STYLE="PAGE-BREAK-BEFORE:ALWAYS">&nbsp;</P><HR SIZE=5 COLOR=GRAY NOSHADE>

<P ALIGN="LEFT"><FONT SIZE="3"><B>Item 9. Regulation FD Disclosure</B></FONT></P>

<P><FONT SIZE=3>The Registrant has been advised by Target, Inc. of a strategy shift in the sourcing
of products. Target has decided to take advantage of discounted pricing from offshore manufacturers
and source more of its products from overseas. As a result, the number of SKU&#146;s purchased
from Presto in 2001 will significantly decline resulting in a substantial reduction in sales to
Target.
</FONT></P>

<P><FONT SIZE=3>According to Target officials, elimination of the Presto products is not due to any
dissatisfaction with the Presto/Target relationship, the quality of products, or delivery of Presto
merchandise, but rather is strictly tied to Target&#146;s decision to increase reliance on foreign
sourcing. Target will continue to do business with Presto. In 2000 Target was Presto&#146;s second
largest customer. The products affected by this decision represented approximately 8% of the
Registrant&#146;s Year 2000 sales. </FONT></P>

<P><FONT SIZE=3>As a separate matter, Christmas sales of the Presto&reg; Pizzazz&#153; pizza
oven failed to live up to the Registrant&#146;s expectations. This short fall was influenced
in part by the overall disappointment in consumer buying during the 2000 Christmas selling
season. Another factor could have been the inability by consumers to believe the claimed
performance and capabilities of the pizza oven, as explained within the limited confines of
30 and 15 second commercials. On the other hand, consumers who purchased the product have
indicated they were absolutely delighted with its extraordinary performance and overall
quality. Despite the initial disappointment, there are no plans to withdraw from further
efforts to market the pizza oven. Sometime during 2001, the Registrant expects to mount
alternative distribution methods for the product to supplement conventional retailing.
Hopefully, these methods will not only deplete inventories, but lead to future sales in
keeping with the product&#146;s indisputable merit. </FONT></P>

<P><FONT SIZE=3>Forward looking statements in this Form 8-K are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995. There are certain important
factors that could cause results to differ materially from historical results. Investors
are cautioned that all forward looking statements involve risks and uncertainty. The factors
that could cause actual results to differ materially are the following: consumer spending
and debt levels; interest rates; continuity of relationships with and purchases by major
customers; product mix; competitive pressure on sales and pricing; and increases in material
or production cost which cannot be recouped in product pricing. Additional information
concerning those and other factors is contained in the Company&#146;s Securities and Exchange
Commission filings, including but not limited to the Form 10-K, copies of which are available
from the Company without charge.</FONT></P>

<P ALIGN=CENTER><FONT SIZE="3"><B>SIGNATURE</B></FONT></P>

<P><FONT SIZE="3">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.</FONT></P><BR>

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<TR VALIGN="TOP">
     <TD WIDTH="50%" ALIGN="LEFT">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
     <TD WIDTH="40%" ALIGN="LEFT"><FONT SIZE="3"><B><U>National Presto Industries, Inc.</U></B></FONT><BR>(Registrant)<BR>&nbsp;</TD></TR>
<TR VALIGN="TOP">
     <TD ALIGN="LEFT"><FONT SIZE="3">Date&nbsp;&nbsp;<B>February 5, 2001</B></FONT></TD>
     <TD ALIGN="LEFT"><FONT SIZE="3"><U>/s/ Maryjo Cohen&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U></FONT><BR>
<FONT SIZE="3">(Signature) <B>Maryjo Cohen, President</B><BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>and Chief Executive Officer</B></FONT></TD></TR>
</TABLE>

<BR><BR><BR><BR>
<P ALIGN="LEFT"><FONT SIZE="2">Page 2 of 2</FONT></P>

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