Watch List Profile: K-Tron International Inc.

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K-Tron International, Inc. designs, produces and markets material handling equipment, mass flow meters, sensors and controls, single and twin-screw, belt, and vibratory feeders, pneumatic conveying equipment and various valves, filters and augers. The company’s products are used in many process manufacturing operations, including plastics compounding, food, chemical, detergent, and pharmaceutical processing.

The company also manufactures and sells equipment that reduces bulk material sizes, such as hammer mills, wood hogs, and double roll crushers for use in electric utility, minerals mining, pulp and paper, and wood and forest products industries.

In March of this year, K-Tron acquired the assets of Wuxi Chenghao Machinery Co., Ltd., of the PRC (China). In 2006, the company acquired Premier Pneumatics and JMJ Industries, Inc.

The company sells its equipment to the processing industry under the brand names of K-Tron Feeders and Premier Pneumatics.

Best of all are the company’s financial results. From 2005 to 2006, the company’s revenues were up nearly 25%, to $148 million. However, the real highlights are the company’s stellar earnings. In 2006, the company earned $4.68 per share, up 70% from the year before, which was up 64% from the year before that.  First quarter 2007 results were even more spectacular, with earnings per share of $1.71, compared with $0.86 per share, a year earlier.