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 24, 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))
 




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

             On March 24, 2005, Sypris Solutions, Inc. (the "Company") announced
             that its Vice President and Chief Financial Officer, David D.
             Johnson, has expressed his intention to leave the Company effective
             May 13, 2005 to become the Chief Financial Officer of Molex
             Incorporated (NASDAQ: MOLX and MOLXA), a global electronic
             components company based in Lisle, Illinois. The Company also
             announced that Anthony C. Allen, 46, Vice President, Treasurer and
             Assistant Secretary of the Company, will be appointed acting Chief
             Financial Officer effective May 13, 2005. Mr. Allen has served as
             Vice President, Treasurer and Assistant Secretary of the Company
             since December 2004 and as Vice President of Finance and
             Information Systems and Assistant Secretary of the Company from
             2003 to December 2004. Mr. Allen served as Vice President,
             Controller and Assistant Secretary of the Company from 1997 to
             2003. The full text of the press release is set forth in Exhibit 99
             hereto.


Item 9.01    Financial Statements and Exhibits.

(c)  Exhibits.

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

           99              Press release issued March 24, 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 24, 2005             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 March 24, 2005.