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
                               ________________

                                 July 15, 2003
               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 5.  Other Events and Required FD Disclosure.

         On July 15, 2003, the Board of Directors of Niagara Corporation
("Niagara") appointed Anthony Verkruyse a Vice President of Niagara and its
Chief Financial Officer and Treasurer. Mr. Verkruyse, the Vice
President-Finance of Niagara's two U.S. subsidiaries, replaced Raymond
Rozanski who died unexpectantly on April 14, 2003. Niagara's Board of
Directors also appointed Mark Nowadly, formerly Assistant to the Chief
Financial Officer, to the new position of Niagara's Corporate Controller.

         In addition, at its Annual Meeting of Stockholders held on July 15,
2003, Niagara's stockholders re-elected all six directors and ratified the
appointment of Deloitte & Touche LLP as Niagara's independent accountants for
2003.

         A copy of the press release announcing these new officer appointments
and the results of Niagara's Annual Meeting of Stockholders is attached hereto
as Exhibit 99.1.


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

         (c) Exhibits.


99.1     Press Release dated July 15, 2003 issued by Niagara Corporation.



                                   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:  July 21, 2003


                                 EXHIBIT INDEX


   Exhibit No.              Description                             Page No.

       99.1           Press Release dated July 15, 2003
                      issued by Niagara Corporation.
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{"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": "03794540"}, "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
                               ________________

                                 July 15, 2003
               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 5.  Other Events and Required FD Disclosure.

         On July 15, 2003, the Board of Directors of Niagara Corporation
("Niagara") appointed Anthony Verkruyse a Vice President of Niagara and its
Chief Financial Officer and Treasurer. Mr. Verkruyse, the Vice
President-Finance of Niagara's two U.S. subsidiaries, replaced Raymond
Rozanski who died unexpectantly on April 14, 2003. Niagara's Board of
Directors also appointed Mark Nowadly, formerly Assistant to the Chief
Financial Officer, to the new position of Niagara's Corporate Controller.

         In addition, at its Annual Meeting of Stockholders held on July 15,
2003, Niagara's stockholders re-elected all six directors and ratified the
appointment of Deloitte & Touche LLP as Niagara's independent accountants for
2003.

         A copy of the press release announcing these new officer appointments
and the results of Niagara's Annual Meeting of Stockholders is attached hereto
as Exhibit 99.1.

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

         (c) Exhibits.

99.1     Press Release dated July 15, 2003 issued by Niagara Corporation.

                                   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:  July 21, 2003

                                 EXHIBIT INDEX

   Exhibit No.              Description                             Page No.

       99.1           Press Release dated July 15, 2003
                      issued by Niagara Corporation.