K-Tron International Ranked 46th in Deloitte's 2010 Greater Philadelphia Fast 50
ATTRIBUTES ITS 60% REVENUE GROWTH TO MARKET-LEADING TECHNOLOGIES AND STRATEGIC ACQUISITIONS
Pitman, New Jersey - - November 1, 2010 - - K-Tron International today announced that it ranked number 46 on the 2010 Greater Philadelphia Fast 50, Deloitte's ranking of 50 of the fastest-growing technology, life sciences and clean technology companies in the Greater Philadelphia region. Rankings are based on percentage of fiscal year revenue growth during the period from 2005-2009. K-Tron grew 60 percent during this period.
K-Tron's Chief Financial Officer, Robert Wisniewski, credited both internal growth and a string of highly successful acquisitions for the company's 60 percent revenue growth. "This award illustrates the high level of performance Hillenbrand, Inc. saw in K-Tron, which led it to acquire the company on April 1, 2010," he said.
He added, "Hillenbrand views K-Tron as a long-term growth platform. The company plans to leverage our market-leading technologies and systems knowledge, applying Hillenbrand's core competencies in strategy management, lean business principles and talent development, to fuel that growth."
"K-Tron International and the other 2010 Greater Philadelphia Fast 50 winners forged ahead in a challenging economic environment to realize exceptional growth," said Tara L. Weiner, managing partner, Greater Philadelphia region, Deloitte. "Deloitte commends K-Tron for this impressive accomplishment."
This is K-Tron's second consecutive year as a Greater Philadelphia Fast 50 award winner. The company ranked 40th in 2009. For details on the 2010 Greater Philadelphia Fast 50, including selection and qualifying criteria, visit http://www.deloitte.com/us/phillyfast50
About Hillenbrand, Inc. and K-Tron International
Hillenbrand (www.HillenbrandInc.com) is a diversified enterprise with multiple subsidiaries focused around two separate operating businesses. Batesville Casket (www.batesville.com) is a leader in the North American death care industry through the sale of funeral services products, including burial caskets, cremation caskets, containers and urns, selection room display fixturing, and other personalization and memorialization products. K-Tron International (www.ktroninternational.com) is a recognized leader in the design, production, marketing and servicing of bulk solids material handling equipment and systems. The company serves many different industrial markets through two product lines. The Process Group focuses primarily on feeding and pneumatic conveying equipment, doing business under two main brands: K-Tron Feeders (www.ktron.com) and K-Tron Premier (www.ktronpremier.com). The Size Reduction Group concentrates on size reduction equipment, conveying systems and screening equipment, operating under three brands: Pennsylvania Crusher (www.penncrusher.com), Gundlach (www.gundlachcrushers.com) and Jeffrey Rader (www.jeffreyrader.com).
As used in this document, "Deloitte" means Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
K-TRON INTERNATIONAL, INC.
Routes 55 & 553, PO Box 888
Pitman, NJ
08071-0888
(856) 589-0500
FAX(856) 582-7968
www.ktroninternational.com
E-mail: ktii@ktron.com
