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<SEC-DOCUMENT>0000891092-04-000351.txt : 20040128
<SEC-HEADER>0000891092-04-000351.hdr.sgml : 20040128
<ACCEPTANCE-DATETIME>20040128140016
ACCESSION NUMBER:		0000891092-04-000351
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20040127
ITEM INFORMATION:		Other events
ITEM INFORMATION:		Financial statements and exhibits
FILED AS OF DATE:		20040128

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MARINE PRODUCTS CORP
		CENTRAL INDEX KEY:			0001129155
		STANDARD INDUSTRIAL CLASSIFICATION:	SHIP & BOAT BUILDING & REPAIRING [3730]
		IRS NUMBER:				582572419
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-16263
		FILM NUMBER:		04548712

	BUSINESS ADDRESS:	
		STREET 1:		2170 PIEDMONT ROAD NE
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30324
		BUSINESS PHONE:		4043212140

	MAIL ADDRESS:	
		STREET 1:		2170 PIEDMONT ROAD NE
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30324
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>e16700_8k.txt
<DESCRIPTION>FORM 8-K
<TEXT>
                                  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): January 28, 2004

                           Commission File No. 1-16263

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

            Delaware                                            58-2572419
(State or other jurisdiction of                             (I.R.S. Employer
 incorporation or organization)                          Identification Number)

                 2170 Piedmont Road, NE, Atlanta, Georgia 30324
               (Address of principal executive offices) (zip code)

                                 (404) 321-7910
               Registrant's telephone number, including area code

<PAGE>

Item 5. Other Events and Regulation FD Disclosure

On January 27, 2004, registrant issued a press release titled,  "Marine Products
Corporation  Announces Stock Split and Increased  Dividend"  announcing that the
Marine  Products  Board of Directors  has approved a  three-for-two  stock split
payable March 10, 2004 and a 50 percent increase in quarterly  dividend to $0.06
per share.

Item 7. Financial Statements and Exhibits

      (c) Exhibits.

            Exhibit 99 - Press release dated January 27, 2004.

                                   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 hereunto duly authorized.

                                          Marine Products Corporation.

Date: January 28, 2004                    /s/ BEN M. PALMER
                                          -------------------------------------
                                          Ben M. Palmer
                                          Vice President,
                                          Chief Financial Officer and Treasurer


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>3
<FILENAME>e16700ex99.txt
<DESCRIPTION>PRESS RELEASE
<TEXT>
                                                                      Exhibit 99

   Marine Products Corporation Announces Stock Split and Increased Dividend

    -- Three-for-two stock split effective March 10, 2004
    -- 50 percent increase in quarterly dividend to $0.06 per share

    ATLANTA, Jan. 27 /PRNewswire-FirstCall/ -- Marine Products Corporation
(Amex: MPX) today announced that its Board of Directors has approved a three-
for-two split of the Company's outstanding common stock. The split will be
effected by issuing one additional share of common stock for every two shares
of common stock held.  The additional shares of common stock will be
distributed on March 10, 2004 to holders of record at the close of business on
February 10, 2004.  No fractional shares will be issued.  Fractional share
amounts resulting from the split will be paid to shareholders in cash.
    The Board of Directors has also declared a quarterly dividend increase of
50 percent to $0.06 per share payable March 10, 2004 to common shareholders of
record at the close of business February 10, 2004.  The cash dividend that was
declared today will be paid on the pre-split shares.
    Richard A. Hubbell, Marine Products' Chief Executive Officer stated,
"Given the sustained strength in the company's stock price, we are able to
make Marine Products' stock more widely available to potential investors.  We
are pleased that shareholders can benefit from our results through a stock
split.  We believe that increasing the cash dividend and splitting the stock
are not only a way to reward our current stockholders, but may also
potentially increase the liquidity and investment appeal of our common stock."
    Marine Products is a leading manufacturer of fiberglass boats, including
Chaparral pleasure boats and Robalo sport fishing boats.  Marine Products
Corporation's investor Web site can be found on the Internet
at www.marineproductscorp.com .

     For information contact:
     BEN M. PALMER              JIM LANDERS
     Chief Financial Officer         Corporate Finance
     404.321.7910                    404.321.2162
     irdept@marineproductscorp.com

SOURCE  Marine Products Corporation
    -0-                             01/27/2004
    /CONTACT:  Ben M. Palmer, Chief Financial Officer, +1-404-321-7910, or
irdept@marineproductscorp.com, or Jim Landers, Corporate Finance,
+1-404-321-2162/
    /Web site:  http://www.marineproductscorp.com /
    (MPX)

CO:  Marine Products Corporation
ST:  Georgia
IN:  MAR
SU:  DIV

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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