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K-Tron In the News

K-Tron Makes Forbes 200 List for Third Year Running

K-Tron International ranks 75th in 2009 Forbes 200 best small companiesK-Tron is number 75 in the 2009 Forbes list of the 200 best small companies. In this year’s introduction Forbes staff writers Kurt Badenhausen and Christina Settimi noted that 71 companies on last year's list fell off in 2009. They wrote:

"Small fry got smacked hard in year two of the Great Recession: 42% of the companies in the Russell 2000 small-company index lost money in the last 12 months, versus 22% for those in the S&P 500. Still, enough winners emerged to ease the sector's overall pain. The Russell was up 8%, the S&P 6%.

Our list of the 200 Best Small Companies in America begins with a search for companies that show both sales and earnings growth. Candidates must have annual revenue between $5 million and $750 million, be publicly traded for at least a year and have a stock price no lower than $5. Rankings are based on earnings growth, sales growth and return on equity in the past 12 months and over five years; we dropped companies with fuzzy accounting or looming legal troubles. We also compared the stock performance of each company with that of its peers. Shares of last year's list members outpaced the Russell by 10 percentage points."

Deloitte Names K-Tron to the 2009 Greater Philadelphia Fast 50 Companies

K-Tron named to Deloitte 2009 Fast 50K-Tron International has been named to the Deloitte 2009 Greater Philadelphia Fast 50, an annual ranking of the fastest growing technology, life sciences and cleantech companies in the Greater Philadelphia region based on five-year fiscal revenue growth.

K-Tron CFO Robert Wisniewski accepted the award at a ceremony held October 22, 2009 at the University City Science Center in Philadelphia. K-Tron’s growth rate for the five-year period was listed at 116 percent. Overall, award winners for 2009 had five-year growth rates ranging from 80 percent to 4,984 percent.

"The growth rate achieved by these winning companies is truly impressive given the economic environment and the recession during the past 21 months," Tara L. Weiner, Deloitte’s managing partner, Greater Philadelphia region, said.

To be elegible for the award, companies must have been in business a minimum of five years and be headquartered within Greater Philadelphia (Pennsylvania east of Harrisburg, New Jersey south of Princeton, and Delaware). Subsidiaries or divisions are not eligible unless they have some public ownership and are separately traded. Fiscal year 2004 operating revenues must be at least $50,000 and fiscal year 2008 operating revenues must be at least $5,000,000.

Companies must own proprietary intellectual property or proprietary technology that contributes to a significant portion of the company's operating revenues.

The full list of ranked companies as well as additional detail on the 2009 Greater Philadelphia Fast 50 program can be found at http://www.deloitte.com/us/phillyfast50.

K-Tron Moves Up to Number 13 on the Forbes List of America's 200 Best Small Companies

K-Tron International moved up from number 19 to 13 in the 2008 Forbes "America's 200 Best Small Companies."

In their introduction to this year's list Forbes staff writers Kurt Badenhausen and Christina Settimi wrote:

"Conventional wisdom would have investors flee small-cap stocks when the economy takes a tumble. Big companies are safer bets, the thinking goes.

Maybe not right now. With meltdowns at AIG, Lehman Brothers and Wachovia, the S&P 500 dropped 28% over the past 12 months while gross domestic product growth slowed to a crawl. The Russell 2000, made up of smaller fish, is down 18% over the same period.

With that in mind, we identified the strongest small public outfits in a very tough time for our list of the 200 Best Small Companies in America. To qualify, companies must have sales between $5 million and $750 million and a stock price of $5 as of Sept. 29. The ranking is based on return on equity, sales growth and profit growth over the past 12 months and also over five years. We also compare a company's stock performance with that of its industry peers. The shares of the companies on our 2007 list fell 15% on average over the past year, slightly outperforming the Russell 2000."

The list of the 200 best US companies was published in the October 27, 2008 edition of Forbes magazine.

K-Tron International Ranks 53rd in the 2008 Fortune 100 Fastest Growing Companies


In its 2008 ranking of "Corporate America's supercharged performers," Fortune lists K-Tron International at number 53.

The list appeared in the September 29, 2008 issue of Fortune and can be seen on the CNNMoney.com website. K-Tron's listing can also be seen online.

This is K-Tron's first year on the Fortune list. In its introduction to its "Class of '08," the magazine notes, "No fewer than five of the top ten fastest growers are reinvented industrials with hundred-year histories that stretch back into America's iron age."

Pennsylvania Crusher, one of K-Tron's operating companies, celebrated its hundredth year in 2005, and several other K-Tron subsidiaries can point to origins stretching back a century or more, both in the U.S. and Switzerland.

Fortune attributes the rise for many of these companies to "the long-running energy and commodities boom."

To make the Fortune list, companies had to be among the leaders for three years in revenue and profit growth, using data provided by Zacks Investment Research. All companies on the list are incorporated in the U.S. and had a minimum market capitalization of $250 million as of June 30, 2008.

Forbes Lists K-Tron International Number 19 of the 200 Best Small Companies

Forbes Magazine profiles K-Tron International CEO Ed ClouesK-Tron International has been named number 19 on the Forbes list of 200 Best Small Companies. The list, published in the October 29, 2007 issue of Forbes Magazine, includes a profile of K-Tron CEO Ed Cloues. The article describes how Cloues, a former M&A lawyer at Morgan, Lewis & Bockius in Philadelphia, “keeps this outfit humming” by transforming it into a true global business and making a number of key acquisitions.

Starting as a small maker of pneumatic scales in Pitman, NJ, in 1949, K-Tron now has wholly owned operations in the U.S., Switzerland, the U.K., Germany, France, Sweden, Canada, China and Singapore. Long known for its feeder business, the article describes how Cloues, who became chief executive in 1998, took K-Tron into the Size Reduction business with the acquisitions of Pennsylvania Crusher and Gundlach. “Ed is like Warren Buffett—if it isn’t a fat pitch, he won’t swing,” Preston Athey of T. Rowe Price told Forbes reporter Zack O’Malley Greenburg.

You can see K-Tron's lisitng here on the Forbes website.

K-Tron Listed in BusinessWeek's Top 100
Hot Growth Companies

For the first time, K-Tron International has been selected for BusinessWeek's annual "Hot Growth" list of "The 100 Best Small Companies to Watch." In its June 4, 2007 cover story article, BusinessWeek's Christopher Palmeri explained the selection process:

"To identify Hot Growth companies, BusinessWeek sifts through the Standard & Poor's Compustat database of 10,000 public companies for those with revenues of $50 million to $1.5 billion a year. We rank businesses by three-year sales and earnings growth as well as return on capital. Companies must have a market cap of $25 million or more and a stock price of at least 5. Profit or stock price shortfalls, or news that puts prospects in doubt, may knock a company off the list."

K-Tron was ranked number 98 on the BusinessWeek "Hot Growth" list.

K-Tron International Listed for Third Straight Year on 'FSB 100' List of
America's Fastest-Growing Small Public Companies

K-Tron named to FSB 100

For the third year in a row, K-Tron was included in the FORTUNE Small Business magazine's list of the 100 Fastest-Growing Small Companies in America. To compile the list, FORTUNE Small Business asked financial research firm Zacks to screen annual reports of public companies with annual revenue of less than $200 million and a stock price of more than $1.00. Within that group, companies were ranked based on the past three years' earnings growth, revenue growth and stock performance. Real estate firms, banks and adult entertainment firms were excluded from the list.  K-Tron was ranked No. 60 on the 2007 list, up from 77 in 2006 and 69 on the 2005 list. 

In a related article, "Growth Guru," K-Tron Chairman and CEO Ed Cloues was featured for his role in helping to guide K-Tron and two other companies into the 2006 FSB 100 ranks.

"A Measure of Success" - Article from the Philadelphia Inquirer


Earnings, sales climb at K-Tron in Pitman

By Joseph Galante
Philadelphia Inquirer - June 29, 2007

"Ever wonder who measures the amount of raisins and dried apple pieces that go into your breakfast cereal?

Or the amount of powder inside that white Lipitor tablet you take every morning for your cholesterol? Or the bisodium carbonate that's mixed into your laundry detergent?

Chances are a machine made by K-Tron International Inc. did.

There's nothing flashy about this quiet South Jersey workhorse. K-Tron executives don't do conference calls with Wall Street or issue financial forecasts. They don't go to power conferences in New York and Las Vegas to "tell their story." No analysts cover the Pitman company. And as recently as a year ago, the company's shares sometimes didn't trade for consecutive days.

K-Tron managers prefer it that way. It keeps them focused on the job: making machines that manufacturers all over the world need. And business is booming...."  Article from philly.com is no loneger available online.

Trade Press Articles

Visit these other K-Tron web pages to see articles from major trade publications around the world: