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): JULY 14, 2003

                         COMMISSION FILE NUMBER: 0-27992

                              ELAMEX, S.A. DE C.V.

             (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)



              Mexico                                 Not Applicable
    (State or other jurisdiction          (I.R.S. Employer Identification No.)
         of incorporation)



  1800 Northwestern Dr., El Paso, TX                     79912
(Address of principal executive offices)               (Zip Code)


       REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (915) 298-3061



ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS.

(c) Exhibits. The following Exhibits are filed as a part of this report:

Exhibit 99 Press Release of Elamex, S.A. de C.V. dated July 14, 2003, reporting
a partial divestiture of its Shelter Services Segment.

ITEM 9.  REGULATION FD DISCLOSURE.

Attached and incorporated herein by reference as Exhibit 99 is a copy of a press
release of Elamex, S.A. de C.V. dated July 14, 2003, reporting a partial
divestiture of its Shelter Services Segment.


                                   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.


                              ELAMEX, S.A. DE C.V.




                          BY: /S/ THOMAS J. BENSON
                             ---------------------------------
                             THOMAS J. BENSON
                             VICE PRESIDENT AND
                             CHIEF FINANCIAL OFFICER

                          Date: July 14, 2003



                                  EXHIBIT INDEX



Exhibit
Number          Description

   99           Press Release of Elamex S.A. de C.V. dated July 14, 2003,
                reporting a partial divestiture of its Shelter Services Segment.