8-K

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 21, 2008

   K-TRON INTERNATIONAL, INC.

(Exact Name of Registrant Specified in Charter)

New Jersey	0-9576	22-1759452
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

Routes 55 & 553
P.O. Box 888
Pitman, New Jersey	08071-0888
(Address of Principal Executive Offices)	(Zip Code)

Registrant's telephone number, including area code:   (856) 589-0500

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

[  ]	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 2.02  Results of Operations and Financial Condition.

On July 21, 2008, K-Tron International, Inc. issued a press release announcing its second quarter 2008 financial results.  The press release is being furnished with this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference.

The information in this Form 8-K and the exhibit attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.

Item 9.01  Financial Statements and Exhibits.
(a)	Financial Statements of Businesses Acquired.
	None.
(b)	Pro Forma Financial Information.
	None.
(c)	Shell Company Transactions.
	None.
(d)	Exhibits.

Exhibit No.	Description
99.1	Press Release dated July 21, 2008 issued by K-Tron International, Inc.

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SIGNATURE

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.

K-TRON INTERNATIONAL, INC.
By	RONALD R. REMICK
	Ronald R. Remick
	Senior Vice President &
	Chief Financial Officer

Dated:  July 22, 2008

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Exhibit Index

Exhibit No.	Description
99.1	Press Release dated July 21, 2008 issued by K-Tron International, Inc.

4

EX-99.1

Exhibit 99.1

	K-TRON INTERNATIONAL, INC.
	Routes 55 & 553, PO Box 888	NEWS
	Pitman, NJ 08071-0888
	(856) 589-0500
	FAX (856) 582-7968
	www.ktroninternational.com
	E-mail: ktii@ktron.com

For Release:	Immediately
Contact:	Ronald Remick, Senior Vice President and Chief Financial Officer
	Tel: (856) 256-3311    E-mail: rremick@ktron.com

K-TRON REPORTS BEST QUARTER IN ITS HISTORY,

WITH RECORD REVENUES, NET INCOME AND EARNINGS PER SHARE

STRONG CASH FLOW PRODUCES $7.577 MILLION INCREASE IN CASH

AND $6.728 MILLION REDUCTION IN DEBT DURING THE QUARTER

Pitman, New Jersey  - - July 21, 2008 - -  K-Tron International, Inc. (NASDAQ-GM: KTII) today reported the best quarterly and six month results in its history, with record second quarter and first half revenues, net income and earnings per share.  Second quarter 2008 net income was $7.158 million, 36.3 percent higher than the $5.253 million reported in the second quarter of 2007, on a 26.6 percent increase in year-over-year second quarter revenues from $47.57 million to $60.21 million.  Diluted earnings per share rose 35.3 percent to $2.49 in this year’s second quarter from $1.84 in the same period last year.

For the first half of 2008, K-Tron reported net income of $12.809 million, diluted earnings per share of $4.47 and revenues of $117.61 million, all records for any six month period, compared to net income of $10.132 million, EPS of $3.56 (diluted) and revenues of $94.45 million in the first half of 2007.  The percentage increases in 2008 versus the prior year were 26.4 percent for net income, 25.6 percent for EPS (diluted) and 24.5 percent for revenues.

In its announcement, the Company noted that if the average foreign currency exchange rates for the second quarter and first six months of 2007 were applied to the same periods of 2008, the Company’s revenues would have increased approximately 16.9 percent for the second quarter instead of 26.6 percent and 18.2 percent for the first six months instead of 24.5 percent, with the higher increases being primarily due to a weaker U.S. dollar against the Swiss franc, the euro and other relevant foreign currencies in this year’s second quarter and first six months compared to the same periods last year.

Commenting on the Company’s performance, K-Tron Chairman and Chief Executive Officer Edward B. Cloues, II said, “The second quarter was a remarkable one for K-Tron, with revenues exceeding $60 million for the first time in the Company’s history and with record net income and earnings per share numbers that were well above the prior records established in the fourth quarter of 2007.   These results reflected another very strong performance by our Process Group in Europe, the Middle East and Asia, the successful integration of Rader Companies, Inc. which we bought in September 2007 into our Size Reduction Group, and a strong contribution from the other three companies in our Size Reduction Group.  Bookings were also excellent in the second quarter, and the Company’s $75.55 million order backlog at the end of the quarter was a record for any quarter-end, just exceeding the prior record that was set at the end of the first quarter.”

Mr. Cloues also highlighted a significant increase in cash and a substantial reduction in debt during the second quarter, noting that total debt declined by $6.728 million to $27.923 million while cash grew by $7.577 million to $36.725 million.  As a result, net debt (debt minus cash) decreased during the second quarter by $14.305 million from $5.503 million at the end of the first quarter to cash in excess of debt of $8.802 million at the end of the second quarter.

K-Tron International, Inc. and its subsidiaries design, produce, market and service material handling equipment and systems for a wide variety of industrial markets.  The Company has manufacturing facilities in the United States, Switzerland and the People’s Republic of China, and its equipment is sold throughout the world.

*   *   *   *   *

 (Financial Data Follows)

K-TRON INTERNATIONAL, INC. & SUBSIDIARIES

FINANCIAL SUMMARY

(Unaudited)

(Dollars in thousands, except share data)

	Three Months Ended						Six Months Ended
	June 28, 2008			June 30, 2007			June 28, 2008			June 30, 2007
Revenues	$	60,210		$	47,566		$	117,608		$	94,450
Operating income	$	10,256		$	7,626		$	18,791		$	15,068
Interest (expense), net		(246	)		(433	)		(625	)		(900	)
Income before income taxes		10,010			7,193			18,166			14,168
Income taxes		2,852			1,940			5,357			4,036
Net income	$	7,158		$	5,253		$	12,809		$	10,132
Basic earnings per share	$	2.62		$	1.96		$	4.70		$	3.79
Diluted earnings per share	$	2.49		$	1.84		$	4.47		$	3.56
Weighted average number of common shares outstanding (basic)		2,733,000			2,684,000			2,725,000			2,674,000
Weighted average number of common and common equivalent  shares outstanding (diluted)		2,877,000			2,859,000			2,868,000			2,846,000