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): April 8, 1999




                           SUN HYDRAULICS CORPORATION
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)




          Florida                        0-21835                 59-2754337
- ----------------------------          ------------          -------------------
(State or other jurisdiction          (Commission              (IRS Employer
     of incorporation)                File Number)          Identification No.)





      1500 West University Parkway
           Sarasota, Florida                                      34232
- ----------------------------------------                        ----------
(Address of principal executive offices)                        (Zip Code)




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





ITEM 5.  OTHER EVENTS.

PRESS RELEASE

         On April 8, 1999, the Company issued the press release attached hereto
as Exhibit 99.1 announcing that it will supply cartridge valves to Mannesmann
Rexroth for incorporation into Rexroth's fluid power systems.


ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS.

         (a)  Financial Statements of Businesses Acquired.

              None.

         (b)  Pro Forma Financial Information.

              None.

         (c)  Exhibits.

<TABLE>
<CAPTION>

       Exhibit
       Number                     Exhibit Description
       -------                    -------------------
<S>                    <C>     
         99.1          Press Release of the Registrant dated April 8, 1999.

</TABLE>




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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: April 8, 1999




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                                 EXHIBIT INDEX

<TABLE>
<CAPTION>

Exhibit
Number                           Exhibit Description
- -------                          -------------------
<S>             <C>     
 99.1           Press Release of the Registrant dated April 8, 1999.

</TABLE>




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