BWIP HOLDING INC
10-C, 1994-05-12
GENERAL INDUSTRIAL MACHINERY & EQUIPMENT
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                             ----------------------
                             
                                   FORM 10-C
                Report by Issuer of Securities Quoted on NASDAQ
                          Interdealer Quotation System

                  Filed Pursuant to Section 13 or 15(d) of the
                      Securities Exchange Act of 1934 and
                       Rule 13a-176 or 15d-17 Thereunder

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

                                  BW/IP, Inc.
                 (Exact name of issuer as specified in charter)

                            200 OCEANGATE BOULEVARD
                                   SUITE 900
                          LONG BEACH, CALIFORNIA 90802
                    (Address of principal executive offices)

Issuer's telephone number, including area code     (310) 435-3700
                                                   --------------
                                                   
                            -----------------------                       

                   I.  CHANGE IN NUMBER OF SHARES OUTSTANDING

   Indicate any change (increase or decrease) of 5% or more in the number of
shares outstanding:

1.       Title of security ___________________________________________________
                                                                             
2.       Number of shares outstanding before the change ______________________
                                                                             
3.       Number of shares outstanding after the change _______________________
                                                                             
4.       Effective date of change ____________________________________________
                                                                             
5.       Method of change:

         Specify method (such as merger, acquisition, exchange, distribution,
stock split, reverse split, acquisition of stock for treasury, etc.)

         _____________________________________________________________________

         Give brief description of transaction _______________________________
______________________________________________________________________________

                         II.  CHANGE IN NAME OF ISSUER

1.       Name prior to change BWIP HOLDING, INC.
                              ------------------------------------------------

2.       Name after change BW/IP, INC.
                           ---------------------------------------------------

3.       Effective date of charter amendment changing name     MAY 11, 1994
                                                             -----------------

4.       Date of shareholder approval of change, if required   MAY 10, 1994
                                                             -----------------

Date     MAY 12, 1994                     /s/     JOHN D. HANNESSON
         ------------                     ------------------------------------
                                            Vice President, General Counsel
                                                     and Secretary
                                          ------------------------------------
                                              (Officer's signature & title)

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