8-K

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                     FORM 8K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934



        Date of Report (Date of earliest event reported): SEPTEMBER 14, 1999
                                                          ------------------


                          DYNAMIC MATERIALS CORPORATION
             ------------------------------------------------------
             (Exact name of registrant as specified in its charter)



           DELAWARE                      0-8328                 84-0608431
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 (State or other jurisdiction          (Commission             (IRS Employee
       of incorporation)              File Number)          Identification No.)



        551 ASPEN RIDGE DRIVE, LAFAYETTE, CO                   80026
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      (Address of principal executive offices)              (Zip Code)



       Registrant's telephone number, including area code: (303) 665-5700
                                                           --------------


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          (Former name or former address, if changed since last report)


                         EXHIBIT INDEX APPEARS ON PAGE 4





ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

         (c)        EXHIBITS

         99.1       Press Release dated September 14, 1999.





                                    SIGNATURE

         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, thereto duly authorized.


                                      DYNAMIC MATERIALS COMPANY


Dated: September 14, 1999                By: /S/ MARK W. JARMAN
                                         ---------------------------------
                                         Mark W. Jarman
                                         Vice President of Corporate Development





                                  EXHIBIT INDEX


Exhibit No.      Description
- -----------      -----------

    99.1         Press Release dated September 14, 1999.

EX-99

FOR IMMEDIATE RELEASE


CONTACT: RICHARD A. SANTA                         MARK W. JARMAN
         CHIEF FINANCIAL OFFICER                  VP OF CORPORATE DEVELOPMENT
         DYNAMIC MATERIALS CORPORATION            DYNAMIC MATERIALS CORPORATION
         303-604-3938                             303-604-3923


                      AMETEK, INC. AND DYNAMIC MATERIALS IN
                         DISPUTE OVER PURCHASE AGREEMENT

(Lafayette, CO - September 14, 1999) Dynamic Materials Corporation, (Nasdaq:
BOOM), `DMC', today announced that AMETEK, Inc. and DMC are in dispute over the
terms of the Asset Purchase Agreement (the Purchase Agreement) signed by both
companies on June 22, 1999. The Purchase Agreement covers the sale to AMETEK,
for $17 million, of certain assets of DMC's Clad Metal Bonding Division.

"Based on recent communications from AMETEK, AMETEK has threatened to terminate
the Purchase Agreement," said DMC's president and CEO, Joseph P. Allwein.
"AMETEK has further indicated that it may be willing to negotiate a substantial
reduction in purchase price and, while we do not agree with AMETEK's position,
we are attempting to discuss a resolution." Allwein continued, "The Company will
take all necessary actions to protect the interests of the Company and its
stockholders."

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