Form 10-K
               SECURITIES AND EXCHANGE COMMISSION
                    Washington, D. C.   20549
                                
                     _______________________


     [ x ] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)
               OF THE SECURITIES EXCHANGE ACT OF 1934
                                
           For the fiscal year ended December 31, 1995
                                
     [   ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)
                 OF THE SECURITIES EXCHANGE ACT OF 1934
                                
          For the transition period from            to
                                
                                
                 Commission file number  0-15960
                    

                     U.S. TECHNOLOGIES INC.
     (Exact name of Registrant as specified in its charter.)

         State of Delaware               73-1284747
     (State of other jurisdiction of         (I.R.S. Employer
Identification No.)
      incorporation or organization)    

                         1402 Industrial Blvd
                         Lockhart, Texas                    
78644
                    (Address of principal executive offices.)    
     (Zip Code)

     Registrant's telephone number, including area code:  (512)
376-1049

                     _______________________

Indicate by  check mark  whether the Registrant (1) has filed all
reports required  to be  filed by  Section 13  or  15(d)  of  the
Securities Act  of 1934  during the  preceding 12  months (or for
such shorter period that the Registrant was required to file such
reports), and  (2) has  been subject  to such filing requirements
for the past 90 days.

                    YES   [X]       NO   [  ]