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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): November 29, 2004

SUN HYDRAULICS CORPORATION


(Exact name of registrant as specified in its charter)
         
Florida
  0-21835
  59-2754337
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)
     
1500 West University Parkway, Sarasota, Florida
  34243
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code 941-362-1200


(Former name or 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):

o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))



 


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Item 8.01. Other Events.
Item 9.01. Financial Statements and Exhibits.
SIGNATURE
Ex-99.1 November 29, 2004 Press Release


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Item 8.01. Other Events.

     By press release dated November 29, 2004, the Registrant announced that its Board of Directors has authorized the repurchase of up to $2.5 million of Sun Hydraulics stock in the open market or in privately negotiated transactions, to be completed no later than January 15, 2006.

Item 9.01. Financial Statements and Exhibits.

     
(c)
  Exhibits.

   
  99.1 Press release dated November 29, 2004.

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SIGNATURE

     Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.
         
  SUN HYDRAULICS CORPORATION
 
 
  By:   /s/ Richard J. Dobbyn    
    Richard J. Dobbyn   
    Chief Financial Officer (Principal
Financial and Accounting Officer) 
 
 

Dated: December 3, 2004

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