UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934
                          (Amendment No. ___________)*



                           Athey Products Corporation
 -------------------------------------------------------------------------------
                                (Name of Issuer)

                     Common Stock, par value $2.00 per share
 -------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                    047465109
 -------------------------------------------------------------------------------
                                 (CUSIP Number)

                                November 8, 2000
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             (Date of Event Which Requires Filing of this Statement)


Check the  appropriate box to designate the rule pursuant to which this Schedule
is filed:

[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)



*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for any  subsequent  amendment  containing  information  which  would  alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).


                                                             CUSIP No. 047465109
- -------------------------------------------------------------------------------

1.   Names of Reporting Persons.
     I.R.S. Identification Nos. of above persons (entities only).

          Henry Partners, L.P.
          23-2888396

- --------------------------------------------------------------------------------
2.   Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  [ ]

(b)  [ ]
- --------------------------------------------------------------------------------
3.   SEC Use Only


- --------------------------------------------------------------------------------
4.   Citizenship or Place of Organization
          Delaware, U.S.A.
- --------------------------------------------------------------------------------
Number of         5.     Sole Voting Power                  245,000
Shares            --------------------------------------------------------------
Beneficially      6.     Shared Voting Power                0
Owned by          --------------------------------------------------------------
Each Reporting    7.     Sole Dispositive Power             245,000
Person With       --------------------------------------------------------------
                  8.     Shared Dispositive Power           0

- --------------------------------------------------------------------------------
9.   Aggregate Amount Beneficially Owned by Each Reporting Person

          245,000 Shares
- --------------------------------------------------------------------------------
10.  Check if the Aggregate Amount in Row (9) Excludes Certain Shares
     (See Instructions)
          N/A
- --------------------------------------------------------------------------------
11.  Percent of Class Represented by Amount in Row (9)
          6.4%
- --------------------------------------------------------------------------------
12.  Type of Reporting Person (See Instructions)
          OO
- --------------------------------------------------------------------------------


Item 1.
- ------

(a)  Name of Issuer:          Athey Products Corporation

(b)  Address of Issuer's Principal Executive Offices:

          1839 South Main Street
          Wake Forest, NC  27587

Item 2.
- ------

(a)  Name of Person Filing:   Henry Partners, L.P.

(b)  Address of Principal Business Office or, if none, Residence:

          255 South 17th Street, Suite 2501
          Philadelphia, PA 19103

(c)  Citizenship:

          Delaware, U.S.A.

(d)  Title of Class of Securities:

          Common Stock, par value $2.00 per share

(e)  CUSIP Number:

          047465109

Item 3. If this statement is filed pursuant to ss.ss.240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:

(a)[ ]    Broker or dealer registered under section 15 of the Act (15 U.S.C.
          78o).
(b)[ ]    Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c)[ ]    Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C.
          78c).
(d)[ ]    Investment company registered under section 8 of the Investment
          Company Act of 1940 (15 U.S.C. 80a-8).
(e)[ ]    An investment adviser in accordance with ss.240.13d-1(b)(1)(ii)(E);
(f)[ ]    An employee benefit plan or endowment fund in accordance with
          ss.240.13d-1(b)(1)(ii)(F);
(g)[ ]    A parent holding company or control person in accordance with ss.
          240.13d-1(b)(1)(ii)(G);



(h)[ ]    A savings associations as defined in Section 3(b) of the Federal
          Deposit Insurance Act (12 U.S.C. 1813);
(i)[ ]    A church plan that is excluded from the definition of an investment
          company under section 3(c)(14) of the Investment Company Act of 1940
          (15 U.S.C. 80a-3);
(j)[ ]    Group, in accordance withss.240.13d-1(b)(1)(ii)(J).

NONE OF THE ABOVE, filed pursuant to section 240.13d-1(c).

Item 4. Ownership.
- -----------------

(a)  Amount beneficially owned:
          245,000 shares

(b)  Percent of class:
          6.4%

(c)  Number of shares as to which the person has:

     (i)   Sole power to vote or to direct the vote:
           245,000 shares.

     (ii)  Shared power to vote or to direct the vote:
           0 shares.

     (iii) Sole power to dispose or to direct the disposition of:
           245,000 shares.

     (iv)  Shared power to dispose or to direct the disposition of:
           0 shares.

Item 5. Ownership of Five Percent or Less of a Class
- -----------------------------------------------------

Not applicable

Item 6. Ownership of More than Five Percent on Behalf of Another Person
- -----------------------------------------------------------------------

Not applicable

Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company
- --------------------------------------------------------------------------------

Not applicable

Item 8. Identification and Classification of Members of the Group
- ------------------------------------------------------------------

Not applicable

Item 9. Notice of Dissolution of Group
- ---------------------------------------

Not applicable




Item 10. Certification
- ----------------------

By signing below I certify  that,  to the best of my knowledge  and belief,  the
securities  referred to above were not acquired and are not held for the purpose
of or with the effect of  changing or  influencing  the control of the issuer of
the securities and were not acquired and are not held in connection with or as a
participant in any transaction having that purpose or effect.


After  reasonable  inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.

                                    Henry Partners, L.P. by its general partner,
                                    Henry Investment Trust, L.P., by its
                                    general partner, Canine Partners, L.L.C.


                                    /s/David W. Wright
                                    ------------------------------------------
                                    Name: David W. Wright
                                    Title: President


Date: November 20, 2000