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 and Exchange Act of 1934

       Date of Report (Date of earliest event reported): October 8, 2004

                          Amcast Industrial Corporation
             (Exact name of Registrant as specified in its charter)

           Ohio                         1-9967                   31-0258080
(State or other jurisdiction of       (Commission              (IRS Employer
incorporation or organization)        File Number)           Identification No.)


7887 Washington Village Drive, Dayton, Ohio                                45459
- --------------------------------------------------------------------------------
(Address of principal executive offices)                              (Zip code)

                                  937-291-7000
               (Registrant's telephone number including area code)

                                 Not applicable
         (Former name and former address, if changed since last report)

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 (see General Instruction A.2. below):

[ ] 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 October 8, 2004, the Board of Directors of Amcast Industrial Corporation (the
"Company") appointed Byron O. Pond, Chairman of the Board of the Company, to the
additional  position of  President  and Chief  Executive  Officer of the Company
effective as of November 1, 2004, to replace Joseph R. Grewe, who resigned as an
officer and director of the Company effective as of that date. Mr. Pond, age 68,
has been a director of the Company since February 2001 and Chairman of the Board
of the Company since April 2002. Mr. Pond served as Chairman and Chief Executive
Officer of the Company from April 2002 to July 2003. From February 2001 to April
2002, Mr. Pond was President and Chief  Executive  Officer of the Company.  From
1996 to 1998, Mr. Pond served as Chairman and Chief  Executive  Officer of Arvin
Industries, Inc. (a leading manufacturer of automotive emission and ride control
systems)  and from 1993 to 1996 as  President  and Chief  Executive  Officer  of
Arvin.

At the request of the Company's lenders under its bank credit agreement and as a
condition to a loan  extension  under the  agreement,  on August 29,  2003,  the
Company entered into a retention agreement with Mr. Pond and two other executive
officers as an inducement to them to remain with the Company until a transaction
is  completed  that either  refinances  the  outstanding  loans under the credit
agreement or results in the sale of substantially  all of the Company's  assets.
The  agreement  provides  that  upon the  occurrence  of such an  event  and the
satisfaction of certain conditions,  the executives participate in a transaction
incentive  pool,  the  aggregate  amount  of  which  is equal to the sum of $1.6
million  plus an  additional  payment that could range from 0.1% to 0.78% of the
transaction proceeds. This agreement terminates upon completion of a transaction
or January 1, 2007, whichever occurs first. The Company made payments under this
agreement to the other two executives in connection with the completion of sales
of assets of the Company's Flow Control and Aluminum Components businesses,  but
Mr. Pond elected not to receive any payment in connection with these sales.

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.

                                  AMCAST INDUSTRIAL CORPORATION


Date:  October 15, 2004           By: /s/ Jeffrey A. McWilliams
                                     ---------------------------------------
                                     Jeffrey A. McWilliams
                                     Vice President Administration and Secretary