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



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