UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, DC 20549

                               ----------------

                                   FORM 8-K

                                CURRENT REPORT
                    Pursuant to Section 13 or 15(d) of the
                        Securities Exchange Act of 1934
                               ----------------

                                March 29, 2004
                             --------------------
               Date of Report (Date of Earliest Event Reported)


                              NIAGARA CORPORATION
                          --------------------------
              (Exact Name of Registrant as Specified in Charter)


        Delaware                        0-22206                  59-3182820
    ----------------                ----------------           --------------
(State or Other Jurisdiction    (Commission File Number)        (I.R.S. Employer
    of Incorporation)                                       Identification No.)

                              667 Madison Avenue
                              New York, New York
                            ----------------------
                   (Address of Principal Executive Offices)

                                     10021
                                   --------
                                  (Zip Code)

                                (212) 317-1000
                              ------------------
             (Registrant's Telephone Number, Including Area Code)

                                Not Applicable
                        ------------------------------
                  (Former Name or Former Address, if Changed
                              Since Last Report)


<PAGE>


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

           (c) Exhibits.

99.1       Press Release dated March 29, 2004 issued by Niagara Corporation.

Item 12.   Results of Operations and Financial Condition.


On March 29, 2004, Niagara Corporation announced its results of operations for
the year and three months ended December 31, 2003. A copy of the press release
announcing these results is being filed as Exhibit 99.1 to this Form 8-K and
is incorporated herein by reference in its entirety.

<PAGE>



                                   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 hereunto duly authorized.


                                          NIAGARA CORPORATION


                                          By:  /s/ Marc J. Segalman
                                          --------------------------------------
                                             Name: Marc J. Segalman
                                             Title: Executive Vice President &
                                                       General Counsel

Date:  March 29, 2004

<PAGE>

                                      EXHIBIT INDEX




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

       99.1           Press Release dated March 29, 2004 issued by         5
                      Niagara Corporation.
[{"type": "8-K", "sequence": "1", "filename": "niag8k329.txt", "description": "CURRENT REPORT", "secsgml_size_bytes": 3391}]
{"company-data": {"conformed-name": "NIAGARA CORP", "cik": "0000710976", "assigned-sic": "3317", "irs-number": "593182820", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-18101", "film-number": "04694563"}, "business-address": {"street1": "667 MADISON AVE", "city": "NEW YORK", "state": "NY", "zip": "10021", "phone": "2123171000"}, "former-company": {"former-conformed-name": "PALM BEACH GAS CORP", "date-changed": "19890720"}}
UNITED STATES
                      SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, DC 20549

                               ----------------

                                   FORM 8-K

                                CURRENT REPORT
                    Pursuant to Section 13 or 15(d) of the
                        Securities Exchange Act of 1934
                               ----------------

                                March 29, 2004
                             --------------------
               Date of Report (Date of Earliest Event Reported)

                              NIAGARA CORPORATION
                          --------------------------
              (Exact Name of Registrant as Specified in Charter)

        Delaware                        0-22206                  59-3182820
    ----------------                ----------------           --------------
(State or Other Jurisdiction    (Commission File Number)        (I.R.S. Employer
    of Incorporation)                                       Identification No.)

                              667 Madison Avenue
                              New York, New York
                            ----------------------
                   (Address of Principal Executive Offices)

                                     10021
                                   --------
                                  (Zip Code)

                                (212) 317-1000
                              ------------------
             (Registrant's Telephone Number, Including Area Code)

                                Not Applicable
                        ------------------------------
                  (Former Name or Former Address, if Changed
                              Since Last Report)
Item 7.    Financial Statements, Pro Forma Financial Information and Exhibits.

           (c) Exhibits.

99.1       Press Release dated March 29, 2004 issued by Niagara Corporation.

Item 12.   Results of Operations and Financial Condition.

On March 29, 2004, Niagara Corporation announced its results of operations for
the year and three months ended December 31, 2003. A copy of the press release
announcing these results is being filed as Exhibit 99.1 to this Form 8-K and
is incorporated herein by reference in its entirety.
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 hereunto duly authorized.

                                          NIAGARA CORPORATION

                                          By:  /s/ Marc J. Segalman
                                          --------------------------------------
                                             Name: Marc J. Segalman
                                             Title: Executive Vice President &
                                                       General Counsel

Date:  March 29, 2004
EXHIBIT INDEX

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

       99.1           Press Release dated March 29, 2004 issued by         5
                      Niagara Corporation.