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

Date of Report (Date of Earliest Event Reported): March 17, 2009

Electroglas, Inc.

(Exact Name of Registrant as Specified in its Charter)

Delaware

(State or Other Jurisdiction of Incorporation)


0-21626		77-0336101
(Commission File Number)		(I.R.S. Employer Identification No.)

5729 Fontanoso Way, San Jose, California 95138

(Address of Principal Executive Offices) (Zip Code)

(408) 528-3000

(Registrant’s Telephone Number, Including Area Code)

______________________________________________

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) On March 17, 2009, the Board of Directors (the “Board”) of Electroglas, Inc. (the “Company”), as part of the Company’s efforts to reduce expenses, decided to reduce the number of members on the Board. John Osborne, Mel Friedman and Jorge Titinger announced that each would resign from the Board effective March 18, 2009. C. Scott Gibson, a member of the Board who previously announced his resignation from the Board effective May 31, 2009, announced that his resignation would be effective March 18, 2009.

(d) On March 17, 2009, the Board appointed Warren Kocmond as a Class III director of the Company’s Board, effective as of March 18, 2009, with a term to expire at the annual meeting of stockholders in 2012.

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 hereunto duly authorized officer.


		Electroglas, Inc.

Date: March 19, 2009	By:	/s/ Thomas E. Brunton Thomas E. Brunton Chief Financial Officer

ELECTROGLAS INC 8-K