Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Farnsworth Bradley P
 2. Date of Event Requiring Statement (Month/Day/Year)
10/09/2006		 3. Issuer Name and Ticker or Trading Symbol
NATCO GROUP INC [NTG]
(Last)
(First)
(Middle)
C/O NATCO GROUP INC., 2950 N. LOOP WEST, SUITE 700		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
SVP & Chief Financial Officer
 5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

HOUSTON, TX 77092		 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common stock, par value $.01 per share 8,000 (1)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Stock options, right to buy   (2) 10/09/2016 Common stock 15,000 $ 28.815 D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Farnsworth Bradley P
C/O NATCO GROUP INC.
2950 N. LOOP WEST, SUITE 700
HOUSTON, TX 77092		       SVP & Chief Financial Officer  

Signatures

Bradley P. Farnsworth 10/11/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) All shares are restricted. Restrictions will lapse as to these shares, awarded on October 9, 2006, in three installments, on the first, second and third anniversaries of the grant date. Restrictions may lapse sooner upon a change in control or in the event Mr. Farnsworth completes the initial two-year term of his employment agreement but does not enter into a new employment agreement at the end of such term.
(2) These options will vest in three installments on the first, second and third anniversaries of the grant date, October 9, 2006. The options may sooner vest upon a change in control or in the event Mr. Farnsworth completes the initial two-year term of his employment agreement but does not enter into a new employment agreement at the end of such term.

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