UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 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):  October 15, 2001


                              ALLTRISTA CORPORATION
                              ---------------------
             (Exact name of registrant as specified in its charter)



            INDIANA                        0-21052               35-1828377
            -------                        -------               ----------
(State or other jurisdiction of    (Commission File Number)   (I.R.S. Employer
  incorporation or organization)                             Identification No.)


    555 THEODORE FREMD AVENUE, SUITE B302                      10580
    RYE, NEW YORK                                            (Zip Code)
    (Address of principal executive offices)


       Registrant's telephone number, including area code: (914) 967-9426



ITEM 5.  OTHER EVENTS.

     On October 15, 2001, the Company issued two press releases, copies of which
are attached  hereto as Exhibit 99-1 and Exhibit 99-2. The Company's first press
release announced that it has signed a definitive  agreement with Wilbert,  Inc.
to  sell  its  Triangle,   TriEnda  and  Synergy  World  plastic   thermoforming
businesses.  The Company's second press release announced the Company's decision
to close its Indianapolis headquarters,  the Company's intent to renegotiate its
current  financing  arrangements,  the Company's  withdrawal  of its  previously
announced guidance for 2001 and the Company's  termination of its agreement with
Bear, Stearns & Co., Inc. to pursue a review of the Company's strategic options.

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS.

     The following exhibits are filed as a part of this report:

     (a) Not Applicable

     (b) Not Applicable

     (c) Exhibits

               99-1     Press Release dated October 15, 2001
               99-2     Press Release dated October 15, 2001



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.

                                           ALLTRISTA CORPORATION
                                           (Registrant)


     Date: October 15, 2001                By: /s/ Ian G. H. Ashken
                                              ----------------------------------
                                              Ian G.H. Ashken
                                              Vice Chairman, Chief Financial
                                                Officer and Secretary




                                  EXHIBIT INDEX


   Exhibit Number                        Description of Exhibit
   --------------                        ----------------------

         99-1                     Press Release dated October 15, 2001
         99-2                     Press Release dated October 15, 2001