8-K

                       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: May 3, 2002
                                           ------------
                        (Date of earliest event reported)


                            IMPCO Technologies, Inc.
                            -------------------------
             (Exact name of Registrant as specified in its charter)


          Delaware                   001-15143                 91-1039211
- -----------------------------       ------------          -------------------
(State or other jurisdiction        (Commission            (I.R.S. employer
     of incorporation)              file number)          identification no.)



                 16804 Gridley Place, Cerritos, California 90703
                 -----------------------------------------------
           (Address of principal executive offices including Zip Code)


  Registrant's telephone number, including area code        (562) 860-6666
                                                           ----------------



Item 5.  Other Events.

         The Company has issued a press release which is included as Exhibit
99.1 hereto.

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.

  (c)    Exhibits


Exhibit
Number                     Description
- -------                    -----------
99.1          Press Release dated May 3, 2002





                                   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 thereunto duly authorized.



                                     IMPCO TECHNOLOGIES, INC.


                                     By:  /s/  William B. Olson
                                         ---------------------------------------
                                          William B. Olson
                                          Chief Financial Officer and Treasurer


Date:  May 3, 2002




                                INDEX TO EXHIBITS

Exhibit
Number                  Description
- -------                 -----------
99.1          Press Release dated May 3, 2002

EX-99.1

IMPCO Technologies Enters into $18.75 Million Private Placement of Common Stock
with Institutional Investors

CERRITOS, Calif., May 3, 2002 /PRNewswire/ -- IMPCO Technologies Inc. (Nasdaq:
IMCO - news), today announced that it has entered into definitive purchase
- ----   ----
agreements to raise gross proceeds of $18.75 million in a private placement
financing of common stock with several large institutional investors. IMPCO has
agreed to sell a total of 1.5 million shares at $12.50 per share. The closing
price of IMPCO common stock on May 2, 2002 was $13.41.

This press release does not constitute an offer to sell or the solicitation of
an offer to buy any of the securities mentioned in this release. This press
release is being issued pursuant to and in accordance with Rule 135c under the
Securities Act of 1933, as amended. The securities described in this release
have not been registered under the Securities Act of 1933, as amended, or any
state securities laws, and may not be offered or sold in the United States
absent an effective registration statement covering such securities or an
applicable exemption from such registration requirements.