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): January 11, 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
 

================================================================================



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 January 11, 2005, Sypris Solutions, Inc. (the "Company")
               updated its revenue and earnings guidance for the fourth quarter
               and year-end results ended December 31, 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 January 11, 2005, Sypris Solutions, Inc. (the "Company")
               updated its revenue and earnings guidance for the fourth quarter
               and year-end results ended December 31, 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 January 11, 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: January 11, 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 January 11, 2005.