<PAGE>   1
                                                       Registration No.
                                                                        --------

      As filed with the Securities and Exchange Commission on May 31, 2001
================================================================================

                                    FORM S-8

                             REGISTRATION STATEMENT
                                      UNDER
                           THE SECURITIES ACT OF 1933

                          EDAC TECHNOLOGIES CORPORATION
             (Exact Name of Registrant as Specified in its Charter)

                WISCONSIN                                        39-1515599
     (State or Other Jurisdiction of                          (I.R.S. Employer
     Incorporation or Organization)                          Identification No.)

         1790 New Britain Avenue
         Farmington, Connecticut                                    06032
(Address of Principal Executive Offices)                          (ZIP Code)

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

                          EDAC TECHNOLOGIES CORPORATION
                         2000 EMPLOYEE STOCK OPTION PLAN
                            (Full Title of the Plan)

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

<TABLE>
<S>                                                             <C>
                                                                          Copies to:
               Ronald G. Popolizio                                BENJAMIN G. LOMBARD, ESQ.
Executive Vice President, Chief Financial Officer               Reinhart, Boerner, Van Deuren,
                  and Secretary                                   Norris & Rieselbach, s.c.
          Edac Technologies Corporation                            1000 North Water Street
             1790 New Britain Avenue                             Milwaukee, Wisconsin 53202
          Farmington, Connecticut 06032
     (Name and Address of Agent for Service)
</TABLE>

                                  860-677-2603
          (Telephone Number, Including Area Code, of Agent for Service)

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

                         CALCULATION OF REGISTRATION FEE

<TABLE>
<CAPTION>
===========================================================================================================
                                                                       Proposed
                                                  Proposed              Maximum
 Title of Securities                               Maximum             Aggregate            Amount of
        to be              Amount to be        Offering Price          Offering           Registration
      Registered            Registered            Per Share            Price (1)               Fee
      ----------            ----------            ---------            ---------               ---
<S>                       <C>                  <C>                     <C>                <C>
    Common Stock,
   $.0025 par value       300,000 shares        $2.25 (1)(2)           $675,000              $168.75

===========================================================================================================
</TABLE>

(1)      For the purpose of computing the registration fee, Edac Technologies
         Corporation (the "Registrant") has used the $2.25 average of the bid
         and asked prices of the Common Stock as reported on May 29, 2001 on the
         OTC Bulletin Board, for the offering price per share, in accordance
         with Rule 457(c) and (h).

(2)      The actual offering price will be determined in accordance with the
         terms of the Plan.


<PAGE>   2


                                     PART II

               INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

ITEM 3.  INCORPORATION OF DOCUMENTS BY REFERENCE.

         The following documents filed by Edac Technologies Corporation, a
Wisconsin corporation (the "Registrant") (Commission File No. 0-14275), with the
Securities and Exchange Commission (the "Commission") pursuant to section 13 or
15 of the Securities Exchange Act of 1934 (the "1934 Act") are incorporated
herein by reference:

         (a)      The description of the Registrant's Common Stock contained in
                  the registration statement filed pursuant to section 12 of the
                  1934 Act, and any amendment or report filed for the purpose of
                  updating such description.

         (b)      The Company's annual report on Form 10-K for the fiscal year
                  ended December 30, 2000, as amended.

         (c)      The Company's quarterly report on Form 10-Q for the quarter
                  ended March 31, 2001.

         All documents subsequently filed by the Registrant pursuant to sections
13(a), 13(c), 14 and 15(d) of the 1934 Act, prior to the filing of a
post-effective amendment which indicates that all securities offered hereby have
been sold or which deregisters all securities then remaining unsold, shall be
deemed to be incorporated by reference herein and to be a part hereof from the
date of the filing of such documents.

         Any statement contained in a document incorporated or deemed to be
incorporated by reference herein shall be deemed to be modified or superseded
for purposes hereof to the extent that a statement contained herein or in any
other subsequently filed document which also is or is deemed to be incorporated
by reference herein modifies or supersedes such statement. Any statement so
modified or superseded shall not be deemed, except as so modified or superseded,
to constitute a part hereof.

ITEM 4.  DESCRIPTION OF SECURITIES.

         Not applicable.  See Item 3 above.

ITEM 5.  INTERESTS OF NAMED EXPERTS AND COUNSEL.

         Not applicable.

ITEM 6.  INDEMNIFICATION OF DIRECTORS AND OFFICERS.

         The Registrant is incorporated under the Wisconsin Business Corporation
Law ("WBCL"). Under section 180.0851(1) of the WBCL, the Registrant is required
to indemnify a director or officer, to the extent such person is successful on
the merits or otherwise in the defense of a proceeding, for all reasonable
expenses incurred in the


                                       2

<PAGE>   3

proceeding if such person was a party because he or she was a director or
officer of the Registrant. In all other cases, the Registrant is required by
section 180.0851(2) of the WBCL to indemnify a director or officer against
liability incurred in a proceeding to which such person was a party because he
or she was an officer or director of the Registrant, unless it is determined
that he or she breached or failed to perform a duty owed to the Registrant and
the breach or failure to perform constitutes: (i) a willful failure to deal
fairly with the Registrant or its shareholders in connection with a matter in
which the director or officer has a material conflict of interest; (ii) a
violation of criminal law, unless the director or officer had reasonable cause
to believe his or her conduct was lawful or no reasonable cause to believe his
or her conduct was unlawful; (iii) a transaction from which the director or
officer derived an improper personal profit; or (iv) willful misconduct. Section
180.0858(1) of the WBCL provides that, subject to certain limitations, the
mandatory indemnification provisions do not preclude any additional right to
indemnification or allowance of expenses that a director or officer may have
under the Registrant's articles of incorporation, bylaws, a written agreement or
a resolution of the Board of Directors or shareholders.

         Section 180.0859 of the WBCL provides that it is the public policy of
the State of Wisconsin to require or permit indemnification, allowance of
expenses and insurance to the extent required or permitted under sections
180.0850 to 180.0858 of the WBCL for any liability incurred in connection with a
proceeding involving a federal or state statute, rule or regulation regulating
the offer, sale or purchase of securities.

         Section 180.0828 of the WBCL provides that, with certain exceptions, a
director is not liable to a corporation, its shareholders, or any person
asserting rights on behalf of the corporation or its shareholders, for damages,
settlements, fees, fines, penalties or other monetary liabilities arising from a
breach of, or failure to perform, any duty resulting solely from his or her
status as a director, unless the person asserting liability proves that the
breach or failure to perform constitutes any of the four exceptions to mandatory
indemnification under section 180.0851(2) referred to above.

         Under section 180.0833 of the WBCL, directors of the Registrant against
whom claims are asserted with respect to the declaration of an improper dividend
or other distribution to shareholders to which they assented are entitled to
contribution from other directors who assented to such distribution and from
shareholders who knowingly accepted the improper distribution, as provided
therein.

         Article VIII of the Registrant's By-Laws contains provisions that
generally parallel the indemnification provisions of the WBCL and cover certain
procedural matters not dealt with in the WBCL. In addition, the Registrant's
Amended and Restated Articles of Incorporation expressly adopt the statutory
rights to indemnification. The Registrant's Amended and Restated Articles of
Incorporation and By-Laws are incorporated by reference in Exhibits 4.1 and 4.2.

         Directors and officers of the Registrant are covered by directors' and
officers' liability insurance under which they are insured (subject to certain
exceptions and limitations specified in the policy) against expenses and
liabilities arising out of



                                       3

<PAGE>   4

proceedings to which they are parties by reason of being or having been
directors or officers.

ITEM 7.  EXEMPTION FROM REGISTRATION CLAIMED.

         Not applicable.

ITEM 8.  EXHIBITS.

         See Exhibit Index following Signatures page in this Registration
Statement, which Exhibit Index is incorporated herein by reference.

ITEM 9.  UNDERTAKINGS.

         (a)      The undersigned Registrant hereby undertakes:

                  (1)      To file, during any period in which offers or sales
                           are being made, a post-effective amendment to this
                           Registration Statement:

                           (i)      To include any prospectus required by
                                    section 10(a)(3) of the Securities Act of
                                    1933.

                           (ii)     To reflect in the prospectus any facts or
                                    events arising after the effective date of
                                    the Registration Statement (or the most
                                    recent post-effective amendment thereof)
                                    which, individually or in the aggregate,
                                    represent a fundamental change in the
                                    information set forth in the Registration
                                    Statement.

                           (iii)    To include any material information with
                                    respect to the plan of distribution not
                                    previously disclosed in the Registration
                                    Statement or any material change to such
                                    information in the Registration Statement.

                  Provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) do
not apply if the information required to be included in a post-effective
amendment by those paragraphs is contained in periodic reports filed by the
Registrant pursuant to section 13 or section 15(d) of the 1934 Act that are
incorporated by reference in the Registration Statement.

                  (2) That, for the purpose of determining any liability under
the Securities Act of 1933, each such post-effective amendment shall be deemed
to be a new registration statement relating to the securities offered therein,
and the offering of such securities at that time shall be deemed to be the
initial bona fide offering thereof.

                  (3) To remove from registration by means of a post-effective
amendment any of the securities being registered which remain unsold at the
termination of the offering.



                                       4
<PAGE>   5

         (b) The undersigned Registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act of 1933, each filing of the
Registrant's annual report pursuant to section 13(a) or section 15(d) of the
1934 Act (and, where applicable, each filing of an employee benefit plan's
annual report pursuant to section 15(d) of the 1934 Act) that is incorporated by
reference in the Registration Statement shall be deemed to be a new registration
statement relating to the securities offered therein, and the offering of such
securities at that time shall be deemed to be the initial bona fide offering
thereof.

         (c) Insofar as indemnification for liabilities arising under the
Securities Act of 1933 may be permitted to directors, officers and controlling
persons of the Registrant pursuant to the foregoing provisions, or otherwise,
the Registrant has been advised that in the opinion of the Securities and
Exchange Commission such indemnification is against public policy as expressed
in the Act and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the
Registrant of expenses incurred or paid by a director, officer or controlling
person of the Registrant in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the Registrant will, unless in
the opinion of its counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Act and will
be governed by the final adjudication of such issue.



                                       5
<PAGE>   6



                                   SIGNATURES

                  Pursuant to the requirements of the Securities Act of 1933,
the Registrant certifies that it has reasonable grounds to believe that it meets
all of the requirements for filing on Form S-8 and has duly caused this
Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Farmington, State of Connecticut, on May 31,
2001.

                                                EDAC TECHNOLOGIES CORPORATION
                                                (Registrant)

                                                By: /s/  Richard A. Dandurand
                                                   -----------------------------
                                                    Richard A. Dandurand
                                                    Chief Executive Officer

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

                                POWER OF ATTORNEY

                  KNOW ALL MEN BY THESE PRESENTS, that each person whose
signature appears below, constitutes and appoints Richard A. Dandurand and
Ronald G. Popolizio, and each of them, as true and lawful attorney-in-fact and
agent, with full power of substitution and resubstitution for him and in his
name, place and stead, in any and all capacities, to sign any and all amendments
(including post effective amendments) to this Registration Statement and to file
the same, with all exhibits thereto, and other documents in connection
therewith, with the Securities and Exchange Commission, granting onto each said
attorney-in-fact and agent full power and authority to do and perform each and
every act and thing necessary to be done in and about the premises, as fully to
all intents and purposes as he might or could do in person, hereby ratifying and
confirming all that said attorney-in-fact and agent or his substitute may
lawfully do or cause to be done by virtue hereof.

                  Pursuant to the requirements of the Securities Act of 1933,
this Registration Statement has been signed by the following persons in the
capacities and on the date indicated.

<TABLE>
<CAPTION>
SIGNATURE                                           TITLE                                            DATE
<S>                                                 <C>                                              <C>
/s/          Richard A. Dandurand                   Chief Executive Officer and Director             May 31, 2001
--------------------------------------------        (Principal Executive Officer of the
               Richard A. Dandurand                 Registrant)


/s/          John J. DiFrancesco                    Chairman of the Board and Director               May 31, 2001
--------------------------------------------
               John J. DiFrancesco


/s/          Ronald G. Popolizio                    Executive Vice President, Chief Financial        May 31, 2001
--------------------------------------------        Officer and Secretary (Principal Financial
               Ronald G. Popolizio                  and Principal Accounting Officer)


/s/         George Fraher                           Director                                         May 31, 2001
--------------------------------------------
                  George Fraher

/s/         Robert J. Gilchrist                     Director                                         May 31, 2001
--------------------------------------------
               Robert J. Gilchrist
</TABLE>


                                       6
<PAGE>   7

<TABLE>
<S>                                                 <C>                                              <C>
/s/         John Kucharik                           Director                                         May 31, 2001
--------------------------------------------
                  John Kucharik

/s/        Stephen J. Raffay                        Director                                         May 31, 2001
--------------------------------------------
                Stephen J. Raffay

                                                    Director                                         May 31, 2001
--------------------------------------------
                 Daniel C. Tracy
</TABLE>




                                       7
<PAGE>   8


                          EDAC TECHNOLOGIES CORPORATION
                               (THE "REGISTRANT")
                          (COMMISSION FILE NO. 0-14275)

                                  EXHIBIT INDEX
                                       TO
                         FORM S-8 REGISTRATION STATEMENT

<TABLE>
<CAPTION>
 EXHIBIT                                                    INCORPORATED HEREIN                  FILED          SEQUENTIAL
 NUMBER                  DESCRIPTION                          BY REFERENCE TO                   HEREWITH         PAGE NO.

<S>              <C>                                 <C>                                      <C>               <C>
4.1              Amended and Restated Articles of    Exhibit 4.1 to the Registrant's
                 Incorporation of the Registrant     Form S-1 Registration Statement filed
                                                     with the Commission on August 6, 1985
                                                     (File No. 2-99491)

4.2              By-Laws of the Registrant           Exhibit 4.2 to the Registrant's Annual
                                                     Report on Form 10-K for the year ended
                                                     December 31, 1995

5                Opinion of Counsel                                                                 X

23.1             Consent of Arthur Andersen LLP                                                     X

23.2             Consent of Counsel                                                           Contained in
                                                                                              Opinion filed
                                                                                              as Exhibit 5
24               Powers of Attorney                  Signature Page to Registration
                                                     Statement

99               Edac Technologies Corporation       Exhibit 10.71 to the Registrant's
                 2000 Employee Stock Option Plan     Annual Report on Form 10-K for the
                                                     year ended December 30, 2000
</TABLE>
[{"type": "S-8", "sequence": "1", "filename": "c63070s-8.txt", "description": "FORM S-8", "secsgml_size_bytes": 21128}]
{"company-data": {"conformed-name": "EDAC TECHNOLOGIES CORP", "cik": "0000772572", "assigned-sic": "3724", "irs-number": "391515599", "state-of-incorporation": "WI", "fiscal-year-end": "0102"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-62026", "film-number": "1652093"}, "business-address": {"street1": "1806 NEW BRITAIN AVE", "city": "FARMINGTON", "state": "CT", "zip": "06032", "phone": "8606772603"}, "mail-address": {"street1": "EDAC TECHNOLOGIES CORP", "street2": "1806 NEW BRITAIN AVE", "city": "FARMINGTON", "state": "CT", "zip": "06032"}}
1
                                                       Registration No.
                                                                        --------

      As filed with the Securities and Exchange Commission on May 31, 2001
================================================================================

                                    FORM S-8

                             REGISTRATION STATEMENT
                                      UNDER
                           THE SECURITIES ACT OF 1933

                          EDAC TECHNOLOGIES CORPORATION
             (Exact Name of Registrant as Specified in its Charter)

                WISCONSIN                                        39-1515599
     (State or Other Jurisdiction of                          (I.R.S. Employer
     Incorporation or Organization)                          Identification No.)

         1790 New Britain Avenue
         Farmington, Connecticut                                    06032
(Address of Principal Executive Offices)                          (ZIP Code)

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

                          EDAC TECHNOLOGIES CORPORATION
                         2000 EMPLOYEE STOCK OPTION PLAN
                            (Full Title of the Plan)

                            -------------------------
Copies to:
               Ronald G. Popolizio                                BENJAMIN G. LOMBARD, ESQ.
Executive Vice President, Chief Financial Officer               Reinhart, Boerner, Van Deuren,
                  and Secretary                                   Norris & Rieselbach, s.c.
          Edac Technologies Corporation                            1000 North Water Street
             1790 New Britain Avenue                             Milwaukee, Wisconsin 53202
          Farmington, Connecticut 06032
     (Name and Address of Agent for Service)
860-677-2603
          (Telephone Number, Including Area Code, of Agent for Service)

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

                         CALCULATION OF REGISTRATION FEE
===========================================================================================================
                                                                       Proposed
                                                  Proposed              Maximum
 Title of Securities                               Maximum             Aggregate            Amount of
        to be              Amount to be        Offering Price          Offering           Registration
      Registered            Registered            Per Share            Price (1)               Fee
      ----------            ----------            ---------            ---------               ---
Common Stock,
   $.0025 par value       300,000 shares        $2.25 (1)(2)           $675,000              $168.75

===========================================================================================================
(1)      For the purpose of computing the registration fee, Edac Technologies
         Corporation (the "Registrant") has used the $2.25 average of the bid
         and asked prices of the Common Stock as reported on May 29, 2001 on the
         OTC Bulletin Board, for the offering price per share, in accordance
         with Rule 457(c) and (h).

(2)      The actual offering price will be determined in accordance with the
         terms of the Plan.
2

                                     PART II

               INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

ITEM 3.  INCORPORATION OF DOCUMENTS BY REFERENCE.

         The following documents filed by Edac Technologies Corporation, a
Wisconsin corporation (the "Registrant") (Commission File No. 0-14275), with the
Securities and Exchange Commission (the "Commission") pursuant to section 13 or
15 of the Securities Exchange Act of 1934 (the "1934 Act") are incorporated
herein by reference:

         (a)      The description of the Registrant's Common Stock contained in
                  the registration statement filed pursuant to section 12 of the
                  1934 Act, and any amendment or report filed for the purpose of
                  updating such description.

         (b)      The Company's annual report on Form 10-K for the fiscal year
                  ended December 30, 2000, as amended.

         (c)      The Company's quarterly report on Form 10-Q for the quarter
                  ended March 31, 2001.

         All documents subsequently filed by the Registrant pursuant to sections
13(a), 13(c), 14 and 15(d) of the 1934 Act, prior to the filing of a
post-effective amendment which indicates that all securities offered hereby have
been sold or which deregisters all securities then remaining unsold, shall be
deemed to be incorporated by reference herein and to be a part hereof from the
date of the filing of such documents.

         Any statement contained in a document incorporated or deemed to be
incorporated by reference herein shall be deemed to be modified or superseded
for purposes hereof to the extent that a statement contained herein or in any
other subsequently filed document which also is or is deemed to be incorporated
by reference herein modifies or supersedes such statement. Any statement so
modified or superseded shall not be deemed, except as so modified or superseded,
to constitute a part hereof.

ITEM 4.  DESCRIPTION OF SECURITIES.

         Not applicable.  See Item 3 above.

ITEM 5.  INTERESTS OF NAMED EXPERTS AND COUNSEL.

         Not applicable.

ITEM 6.  INDEMNIFICATION OF DIRECTORS AND OFFICERS.

         The Registrant is incorporated under the Wisconsin Business Corporation
Law ("WBCL"). Under section 180.0851(1) of the WBCL, the Registrant is required
to indemnify a director or officer, to the extent such person is successful on
the merits or otherwise in the defense of a proceeding, for all reasonable
expenses incurred in the

                                       2
3

proceeding if such person was a party because he or she was a director or
officer of the Registrant. In all other cases, the Registrant is required by
section 180.0851(2) of the WBCL to indemnify a director or officer against
liability incurred in a proceeding to which such person was a party because he
or she was an officer or director of the Registrant, unless it is determined
that he or she breached or failed to perform a duty owed to the Registrant and
the breach or failure to perform constitutes: (i) a willful failure to deal
fairly with the Registrant or its shareholders in connection with a matter in
which the director or officer has a material conflict of interest; (ii) a
violation of criminal law, unless the director or officer had reasonable cause
to believe his or her conduct was lawful or no reasonable cause to believe his
or her conduct was unlawful; (iii) a transaction from which the director or
officer derived an improper personal profit; or (iv) willful misconduct. Section
180.0858(1) of the WBCL provides that, subject to certain limitations, the
mandatory indemnification provisions do not preclude any additional right to
indemnification or allowance of expenses that a director or officer may have
under the Registrant's articles of incorporation, bylaws, a written agreement or
a resolution of the Board of Directors or shareholders.

         Section 180.0859 of the WBCL provides that it is the public policy of
the State of Wisconsin to require or permit indemnification, allowance of
expenses and insurance to the extent required or permitted under sections
180.0850 to 180.0858 of the WBCL for any liability incurred in connection with a
proceeding involving a federal or state statute, rule or regulation regulating
the offer, sale or purchase of securities.

         Section 180.0828 of the WBCL provides that, with certain exceptions, a
director is not liable to a corporation, its shareholders, or any person
asserting rights on behalf of the corporation or its shareholders, for damages,
settlements, fees, fines, penalties or other monetary liabilities arising from a
breach of, or failure to perform, any duty resulting solely from his or her
status as a director, unless the person asserting liability proves that the
breach or failure to perform constitutes any of the four exceptions to mandatory
indemnification under section 180.0851(2) referred to above.

         Under section 180.0833 of the WBCL, directors of the Registrant against
whom claims are asserted with respect to the declaration of an improper dividend
or other distribution to shareholders to which they assented are entitled to
contribution from other directors who assented to such distribution and from
shareholders who knowingly accepted the improper distribution, as provided
therein.

         Article VIII of the Registrant's By-Laws contains provisions that
generally parallel the indemnification provisions of the WBCL and cover certain
procedural matters not dealt with in the WBCL. In addition, the Registrant's
Amended and Restated Articles of Incorporation expressly adopt the statutory
rights to indemnification. The Registrant's Amended and Restated Articles of
Incorporation and By-Laws are incorporated by reference in Exhibits 4.1 and 4.2.

         Directors and officers of the Registrant are covered by directors' and
officers' liability insurance under which they are insured (subject to certain
exceptions and limitations specified in the policy) against expenses and
liabilities arising out of

                                       3
4

proceedings to which they are parties by reason of being or having been
directors or officers.

ITEM 7.  EXEMPTION FROM REGISTRATION CLAIMED.

         Not applicable.

ITEM 8.  EXHIBITS.

         See Exhibit Index following Signatures page in this Registration
Statement, which Exhibit Index is incorporated herein by reference.

ITEM 9.  UNDERTAKINGS.

         (a)      The undersigned Registrant hereby undertakes:

                  (1)      To file, during any period in which offers or sales
                           are being made, a post-effective amendment to this
                           Registration Statement:

                           (i)      To include any prospectus required by
                                    section 10(a)(3) of the Securities Act of
                                    1933.

                           (ii)     To reflect in the prospectus any facts or
                                    events arising after the effective date of
                                    the Registration Statement (or the most
                                    recent post-effective amendment thereof)
                                    which, individually or in the aggregate,
                                    represent a fundamental change in the
                                    information set forth in the Registration
                                    Statement.

                           (iii)    To include any material information with
                                    respect to the plan of distribution not
                                    previously disclosed in the Registration
                                    Statement or any material change to such
                                    information in the Registration Statement.

                  Provided, however, that paragraphs (a)(1)(i) and (a)(1)(ii) do
not apply if the information required to be included in a post-effective
amendment by those paragraphs is contained in periodic reports filed by the
Registrant pursuant to section 13 or section 15(d) of the 1934 Act that are
incorporated by reference in the Registration Statement.

                  (2) That, for the purpose of determining any liability under
the Securities Act of 1933, each such post-effective amendment shall be deemed
to be a new registration statement relating to the securities offered therein,
and the offering of such securities at that time shall be deemed to be the
initial bona fide offering thereof.

                  (3) To remove from registration by means of a post-effective
amendment any of the securities being registered which remain unsold at the
termination of the offering.

                                       4
5

         (b) The undersigned Registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act of 1933, each filing of the
Registrant's annual report pursuant to section 13(a) or section 15(d) of the
1934 Act (and, where applicable, each filing of an employee benefit plan's
annual report pursuant to section 15(d) of the 1934 Act) that is incorporated by
reference in the Registration Statement shall be deemed to be a new registration
statement relating to the securities offered therein, and the offering of such
securities at that time shall be deemed to be the initial bona fide offering
thereof.

         (c) Insofar as indemnification for liabilities arising under the
Securities Act of 1933 may be permitted to directors, officers and controlling
persons of the Registrant pursuant to the foregoing provisions, or otherwise,
the Registrant has been advised that in the opinion of the Securities and
Exchange Commission such indemnification is against public policy as expressed
in the Act and is, therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment by the
Registrant of expenses incurred or paid by a director, officer or controlling
person of the Registrant in the successful defense of any action, suit or
proceeding) is asserted by such director, officer or controlling person in
connection with the securities being registered, the Registrant will, unless in
the opinion of its counsel the matter has been settled by controlling precedent,
submit to a court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in the Act and will
be governed by the final adjudication of such issue.

                                       5
6

                                   SIGNATURES

                  Pursuant to the requirements of the Securities Act of 1933,
the Registrant certifies that it has reasonable grounds to believe that it meets
all of the requirements for filing on Form S-8 and has duly caused this
Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Farmington, State of Connecticut, on May 31,
2001.

                                                EDAC TECHNOLOGIES CORPORATION
                                                (Registrant)

                                                By: /s/  Richard A. Dandurand
                                                   -----------------------------
                                                    Richard A. Dandurand
                                                    Chief Executive Officer

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

                                POWER OF ATTORNEY

                  KNOW ALL MEN BY THESE PRESENTS, that each person whose
signature appears below, constitutes and appoints Richard A. Dandurand and
Ronald G. Popolizio, and each of them, as true and lawful attorney-in-fact and
agent, with full power of substitution and resubstitution for him and in his
name, place and stead, in any and all capacities, to sign any and all amendments
(including post effective amendments) to this Registration Statement and to file
the same, with all exhibits thereto, and other documents in connection
therewith, with the Securities and Exchange Commission, granting onto each said
attorney-in-fact and agent full power and authority to do and perform each and
every act and thing necessary to be done in and about the premises, as fully to
all intents and purposes as he might or could do in person, hereby ratifying and
confirming all that said attorney-in-fact and agent or his substitute may
lawfully do or cause to be done by virtue hereof.

                  Pursuant to the requirements of the Securities Act of 1933,
this Registration Statement has been signed by the following persons in the
capacities and on the date indicated.
SIGNATURE                                           TITLE                                            DATE
/s/          Richard A. Dandurand                   Chief Executive Officer and Director             May 31, 2001
--------------------------------------------        (Principal Executive Officer of the
               Richard A. Dandurand                 Registrant)

/s/          John J. DiFrancesco                    Chairman of the Board and Director               May 31, 2001
--------------------------------------------
               John J. DiFrancesco

/s/          Ronald G. Popolizio                    Executive Vice President, Chief Financial        May 31, 2001
--------------------------------------------        Officer and Secretary (Principal Financial
               Ronald G. Popolizio                  and Principal Accounting Officer)

/s/         George Fraher                           Director                                         May 31, 2001
--------------------------------------------
                  George Fraher

/s/         Robert J. Gilchrist                     Director                                         May 31, 2001
--------------------------------------------
               Robert J. Gilchrist
6
7
/s/         John Kucharik                           Director                                         May 31, 2001
--------------------------------------------
                  John Kucharik

/s/        Stephen J. Raffay                        Director                                         May 31, 2001
--------------------------------------------
                Stephen J. Raffay

                                                    Director                                         May 31, 2001
--------------------------------------------
                 Daniel C. Tracy
7
8

                          EDAC TECHNOLOGIES CORPORATION
                               (THE "REGISTRANT")
                          (COMMISSION FILE NO. 0-14275)

                                  EXHIBIT INDEX
                                       TO
                         FORM S-8 REGISTRATION STATEMENT
EXHIBIT                                                    INCORPORATED HEREIN                  FILED          SEQUENTIAL
 NUMBER                  DESCRIPTION                          BY REFERENCE TO                   HEREWITH         PAGE NO.
4.1              Amended and Restated Articles of    Exhibit 4.1 to the Registrant's
                 Incorporation of the Registrant     Form S-1 Registration Statement filed
                                                     with the Commission on August 6, 1985
                                                     (File No. 2-99491)

4.2              By-Laws of the Registrant           Exhibit 4.2 to the Registrant's Annual
                                                     Report on Form 10-K for the year ended
                                                     December 31, 1995

5                Opinion of Counsel                                                                 X

23.1             Consent of Arthur Andersen LLP                                                     X

23.2             Consent of Counsel                                                           Contained in
                                                                                              Opinion filed
                                                                                              as Exhibit 5
24               Powers of Attorney                  Signature Page to Registration
                                                     Statement

99               Edac Technologies Corporation       Exhibit 10.71 to the Registrant's
                 2000 Employee Stock Option Plan     Annual Report on Form 10-K for the
                                                     year ended December 30, 2000