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): April 25, 2001


                           MARINE PRODUCTS CORPORATION
             (Exact name of registrant as specified in its charter)


                                    Delaware
                 (State or other jurisdiction of incorporation)


     1-16263                                            58-2572419
 (Commission File Number)                    (IRS Employer Identification No.)


                2170 Piedmont Road, N.E., Atlanta, Georgia 30324
          (Address of principal executive offices, including zip code)


                                 (404) 321-2140
              (Registrant's telephone number, including area code)


                        --------------------------------
          (Former name or former address, if changed since last report)






Item 5.  Other Events.

On April 25, 2001,  Marine Products  Corporation  ("Marine  Products")  issued a
press release announcing its stock buy-back program of up to 1 million shares of
Marine Products common stock.  Marine Products hereby  incorporates by reference
herein the  information  set forth in its Press  Release dated April 25, 2001, a
copy of which is attached hereto as Exhibit 99.1.

Except for the historical  information  contained in this report, the statements
made by Marine  Products are forward  looking  statements that involve risks and
uncertainties. All such statements are subject to the safe harbor created by the
Private  Securities  Litigation  Reform  Act of 1995.  Marine  Products'  future
financial  performance  could  differ  significantly  from the  expectations  of
management  and from  results  expressed  or implied in the Press  Release.  For
further  information  on other risk factors,  please refer to the "Risk Factors"
contained  in Marine  Products'  Annual  Report on Form 10-K for the fiscal year
ended December 31, 2000 as filed with the Securities and Exchange Commission.

Item 7.  Financial Statements and Exhibits.

         (a) Financial Statements.

             Not applicable.

         (b) Pro Forma Financial Information.

             Not applicable.

         (c) Exhibits.

             Exhibit Number              Description
             --------------              -----------
             99.1                        Press Release dated April 25, 2001




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                                   SIGNATURES

Pursuant to the  requirements  of the  Securities  Exchange Act of 1934,  Marine
Products  has  duly  caused  this  report  to be  signed  on its  behalf  by the
undersigned hereunto duly authorized.

                                        MARINE PRODUCTS CORPORATION



Date:  May  16, 2001                    By:  /s/ Ben M. Palmer
                                             -----------------------------------
                                        Name:  Ben M. Palmer
                                        Title: Vice President,
                                               Chief Financial Officer,
                                               Treasurer and Assistant Secretary






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