UNITED STATES SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D. C. 20549
                                    FORM 10-K/A
(Mark One)
{X}   ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
      ACT OF 1934
For the fiscal year ended December 31, 1997
                                       OR
{ }   TRANSITION REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES
      EXCHANGE ACT OF 1934


Commission file number 001-11549
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                           BLOUNT INTERNATIONAL, INC.
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             (Exact name of registrant as specified in its charter)

            Delaware                                     63-0780521
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(State or other jurisdiction of                       (I.R.S. Employer
incorporation or organization)                       Identification No.)

4520 Executive Park Drive, Montgomery, Alabama                 36116-1602
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(Address of principal executive offices)                     (Zip Code)

Registrant's telephone number, including area code (334) 244-4000
                                                   --------------

Securities registered pursuant to Section 12(b) of the Act:
                                                  Name of each exchange
        Title of each class                        on which registered
Class A Common Stock, $.01 par value             New York Stock Exchange
Class B Common Stock, $.01 par value             New York Stock Exchange
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Securities registered pursuant to Section 12(g) of the Act:  None
                                                             ----

Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the preceding 12 months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
      Yes    X       No
          -------       -------

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K is not contained herein, and will not be contained, to the
best of registrant's knowledge, in the definitive proxy or information
statements incorporated by reference in Part III of this Form 10-K or any
amendment to this Form 10-K.

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State the aggregate market value of the voting common stock held by
nonaffiliates of the registrant.  The aggregate market value shall be computed
by reference to the price at which the common stock was sold, or the average bid
and asked prices of such common stock, as of a specified date within 60 days
prior to the date of filing.


Aggregate market value of voting common stock held by nonaffiliates as of
-------------------------------------------------------------------------
January 31, 1998:  $608,827,000
-------------------------------
Indicate the number of shares outstanding of each of the issuer's classes of
common stock, as of the latest practicable date.

Class A Common Stock $.01 par value, as of January 31, 1998:  25,832,000 shares
                                                              ----------
Class B Common Stock $.01 par value, as of January 31, 1998:  11,620,536 shares
                                                              ----------

                     DOCUMENTS INCORPORATED BY REFERENCE

List hereunder the following documents if incorporated by reference and the Part
of the Form 10-K (e.g., Part I, Part II, etc.) into which the document is
incorporated:  (1) Any annual report to security holders; (2) Any proxy or
information statement; and (3) Any prospectus filed pursuant to Rule 424(b) or
(c) under the Securities Act of 1933.  The listed documents should be clearly
described for identification purposes.

Portions of proxy statement for the annual meeting of stockholders to be held
April 20, 1998, are incorporated by reference in Part III.
                                   Page 2
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PART IV

ITEM 14.  EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS ON FORM 8-K

(c)  Exhibits required by item 601 of Regulation S-K:

  *  27.1  Restated Financial Data Schedule for the year ended February 29, 
1996, submitted to the Securities and Exchange Commission in electronic format 
included herein is hereby amended pursuant to SFAS No. 128, "Earnings per 
Share" and to reflect the two-for-one stock split effected on December 8, 1997.

  *  27.2  Restated Financial Data Schedule for the three months ended March 31,
1996, submitted to the Securities and Exchange Commission in electronic format 
included herein is hereby amended pursuant to SFAS No. 128, "Earnings per 
Share" and to reflect the two-for-one stock split effected on December 8, 1997.

  *  27.3  Restated Financial Data Schedule for the six months ended June 30, 
1996, submitted to the Securities and Exchange Commission in electronic format 
included herein is hereby amended pursuant to SFAS No. 128, "Earnings per 
Share" and to reflect the two-for-one stock split effected on December 8, 1997.

  *  27.4  Restated Financial Data Schedule for the nine months ended 
September 30, 1996, submitted to the Securities and Exchange Commission in 
electronic format included herein is hereby amended pursuant to SFAS No. 128,
"Earnings per Share" and to reflect the two-for-one stock split effected on 
December 8, 1997.

  *  27.5  Restated Financial Data Schedule for the transition period from 
March 1, 1996 to December 31, 1996, submitted to the Securities and Exchange 
Commission in electronic format included herein is hereby amended pursuant to 
SFAS No. 128, "Earnings per Share" and to reflect the two-for-one stock split 
effected on December 8, 1997.

  *  27.6  Restated Financial Data Schedule for the three months ended March 31,
1997, submitted to the Securities and Exchange Commission in electronic format 
included herein is hereby amended pursuant to SFAS No. 128, "Earnings per 
Share" and to reflect the two-for-one stock split effected on December 8, 1997.

  *  27.7  Restated Financial Data Schedule for the six months ended June 30, 
1997, submitted to the Securities and Exchange Commission in electronic format 
included herein is hereby amended pursuant to SFAS No. 128, "Earnings per 
Share" and to reflect the two-for-one stock split effected on December 8, 1997.

  *  27.8  Restated Financial Data Schedule for the nine months ended 
September 30, 1997, submitted to the Securities and Exchange Commission in 
electronic format included herein is hereby amended pursuant to SFAS No. 128,
"Earnings per Share" and to reflect the two-for-one stock split effected on 
December 8, 1997.


*    Filed electronically herewith.  

                                   Page 3
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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 thereunto duly authorized.

BLOUNT INTERNATIONAL, INC.

by:  /s/ Harold E. Layman
Harold E. Layman
Executive Vice President Finance Operations
and Chief Financial Officer

Dated:   March 27, 1998



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