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 21, 2004
 
                                 ______________
 
                             Sypris Solutions, Inc.
             (Exact name of registrant as specified in its charter)

          Delaware                      0-24020                  61-1321992
(State or Other Jurisdiction          (Commission             (I.R.S. Employer
      of Incorporation)               File Number)           Identification No.)

   101 Bullitt Lane, Suite 450                                            
      Louisville, Kentucky                                          40222
      (Address of Principal                                       (Zip Code)
       Executive Offices)
 
       Registrant's telephone number, including area code: (502) 329-2000
 
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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 (17
    CFR 240.14a-12)

[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
    Exchange Act (17 CFR 240.14d-2(b))

[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
    Exchange Act (17 CFR 240.13e-4(c))


 
                        Section 2 - Financial Information

Item 2.02 Results of Operations and Financial Condition.

          On October 21, 2004, Sypris Solutions, Inc. (the "Company") announced
          its financial results for the third quarter and nine months ended
          September 30, 2004. The full text of the press release is set forth in
          Exhibit 99 hereto.

          The information in this Form 8-K and the attached Exhibit is being
          furnished pursuant to Item 2.02 "Results of Operations and Financial
          Condition" and shall not be deemed "filed" for purposes of Section 18
          of the Securities Exchange Act of 1934 or otherwise subject to the
          liabilities of that section, nor shall it be deemed incorporated by
          reference in any filing under the Securities Act of 1933, except as
          shall be expressly set forth by specific reference in such filing.

                            Section 7 - Regulation FD

Item 7.01 Regulation FD Disclosure.

          On October 21, 2004, the Company announced its financial results for
          the third quarter and nine months ended September 30, 2004. The full
          text of the press release is set forth in Exhibit 99 hereto.

          The information in this Form 8-K and the attached Exhibit is being
          furnished pursuant to Item 7.01 "Regulation FD Disclosure" and shall
          not be deemed "filed" for purposes of Section 18 of the Securities
          Exchange Act of 1934 or otherwise subject to the liabilities of that
          section, nor shall it be deemed incorporated by reference in any
          filing under the Securities Act of 1933, except as shall be expressly
          set forth by specific reference in such filing.

                  Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.

(c)  Exhibits.

     Exhibit Number        Description of Exhibit
     --------------        ----------------------
     99                    Press release issued October 21, 2004.



                                   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.
 

Dated: October 21, 2004          Sypris Solutions, Inc.

                                 By:  /s/ David D. Johnson
                                      ------------------------------------------
                                      David D. Johnson
                                      Vice President and Chief Financial Officer



                                INDEX TO EXHIBITS
 
Exhibit     
Number      Description
------      -----------

  99        Registrant's press release dated October 21, 2004