916459--3/2/2009--GARDNER_DENVER_INC

related topics
{condition, economic, financial}
{financial, litigation, operation}
{cost, regulation, environmental}
{product, liability, claim}
{operation, international, foreign}
{cost, contract, operation}
{debt, indebtedness, cash}
{acquisition, growth, future}
{system, service, information}
{tax, income, asset}
{personnel, key, retain}
We operate in cyclical markets, which may make our revenues and operating results fluctuate. We face robust competition in the markets we serve, which could materially and adversely affect our operating results. Large or rapid increases in the costs of raw materials or substantial decreases in their availability and our dependence on particular suppliers of raw materials could materially and adversely affect our operating results. An increasing percentage of our sales and operations are in non-U.S. jurisdictions and is subject to the economic, political, regulatory and other risks of international operations. A significant portion of our assets consists of goodwill and other intangible assets, the value of which may be reduced if we determine that those assets are impaired. Our indebtedness could adversely affect our financial flexibility. The nature of our products creates the possibility of significant product liability and warranty claims, which could harm our business. Our success depends on our executive management and other key personnel. We may not be able to continue to identify and complete strategic acquisitions and effectively integrate acquired companies to achieve desired financial benefits. We face risks associated with our pension and other postretirement benefit obligations. The risk of regulatory non-compliance could have a significant impact on our business. Environmental-compliance costs and liabilities could adversely affect our financial condition. Communication or information systems failure may disrupt our business and result in financial loss and liability to our clients. We are a defendant in certain asbestos and silicosis personal injury lawsuits, which could adversely affect our financial condition.

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