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): March 21, 2005
 
                             ----------------------
 
                             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 5--Corporate Governance and Management

Item 5.02.     Departure of Directors or Principal Officers; Election of
               Directors; Appointment of Principal Officers.

               On March 21, 2005, Sypris Solutions, Inc. (the "Company")
               announced that Robert B. Sanders, recently named to Group Vice
               President for the Company's Electronics Group, has also been
               named President of Sypris Electronics. Mr. Sanders will replace
               James G. Cocke, who previously served in that role. 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 5.02 "Departure of Directors or
               Principal Officers; Election of Directors; Appointment of
               Principal Officers" 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 March 21, 2005.






                                   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: March 21, 2005                     Sypris Solutions, Inc.

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

         Exhibit
         Number                             Description
         ------                             -----------

         99                Registrant's press release dated March 21, 2005.