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 9, 2003

                             Watts Industries, Inc.
               (Exact name of registrant as specified in charter)

       Delaware                      1-11499                     04-2916536
 (State or other juris-            (Commission                 (IRS Employer
diction of incorporation           File Number)              Identification No.)

 815 Chestnut Street, North Andover, MA                           01845
(Address of principal executive offices)                        (Zip Code)

       Registrant's telephone number, including area code: (978) 688-1811

          (Former name or former address, if changed since last report)

Item 5. Other Events and Required FD Disclosure

      On October 9, 2003, Watts Industries, Inc. announced that it will change
its name to "Watts Water Technologies, Inc." The Company will continue to be
listed on the New York Stock Exchange under the symbol "WTS". The name change
will become effective on October 15, 2003. The full text of the press release
issued in connection with the announcement is attached as Exhibit 99.1 to this
Current Report on Form 8-K.


      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.

Date: October 9, 2003                   WATTS INDUSTRIES, INC.

                                        By: /s/ William C. McCartney
                                            William C. McCartney
                                            Chief Financial Officer

                                  EXHIBIT INDEX

Exhibit No.                       Description
-----------                       -----------

99.1                              Press release dated October 9, 2003