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)         November 14, 2001
                                                  -----------------------------


                           PARK-OHIO HOLDINGS CORP.
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             (Exact name of registrant as specified in its charter)



     Ohio                       0-3134                      34-1867219
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(State or other               (Commission                  (IRS Employer
jurisdiction of                File Number)               Identification No.)
incorporation)


      23000 Euclid Avenue
      Cleveland, Ohio                                          44117
--------------------------------------------------------------------------------
(Address of principal executive offices)                       (Zip Code)



Registrant's telephone number, including area code       (216) 692-7200
                                                   ----------------------------








ITEM 5.        OTHER EVENTS
------         ------------

        On November 14, 2001, Park-Ohio Industries, Inc. entered into a Third
Amendment to its Credit and Security Agreement.


ITEM 7.        FINANCIAL STATEMENTS AND EXHIBITS
------         ---------------------------------

               1.   (c)    Exhibits

                           4     Third Amendment to Credit and Security
                                 Agreement dated November 14, 2001, among
                                 Park-Ohio Industries, Inc. and various
                                 financial institutions.





                                   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 thereunto duly authorized.




                                 
Dated: December 14, 2001             PARK-OHIO HOLDINGS CORP.
                                    --------------------------
                                            (Registrant)


                                    By:  /s/ Richard P. Elliott
                                       ---------------------------
                                    Name:     Richard P. Elliott
                                    Title:    Vice President and Chief Financial Officer





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