EXHIBIT 23

                        CONSENT OF INDEPENDENT AUDITORS

We consent to the incorporation by reference in (i) Form S-8 Registration
Statements Nos. 33-94546, 333-07195, 33-94544, 333-07199, 333-07111, 333-52589,
333-62781, 333-52593 and 333-77883, pertaining to the Sypris Solutions, Inc.
1994 Stock Option Plan for Key Employees (Formerly Group Technologies
Corporation 1994 Stock Option Plan for Key Employees), to the Sypris Solutions,
Inc. Independent Directors' Stock Option Plan (Formerly Group Technologies
Corporation Independent Directors' Stock Option Plan), to the Sypris Solutions,
Inc. Stock Option Plan Dated January 22, 1990 (Formerly Group Technologies
Corporation Stock Option Plan Dated January 22, 1990) and (ii) Form S-8
Registration Statement No. 333-70319 pertaining to the Sypris Solutions, Inc.
Employee Stock Purchase Plan, of our report dated February 16, 2001 with respect
to the consolidated financial statements and schedule of Sypris Solutions, Inc.
included in the Annual Report  (Form 10-K) for the year ended December 31, 2000.



                                        /s/ Ernst & Young LLP



Louisville, Kentucky
March 1, 2001