Abstract: An underwater pelletizer driven from a standard foot mounted electric motor having a standard C-flange attachment in which a pelletizer shaft having a hub is keyed to the motor shaft and held in place by a set screw with the key being welded in a slot in the pelletizer shaft hub to facilitate its manufacture. The pelletizer shaft includes a spring loaded cutter hub enabling automatic blade attachment and compensating for misalignment with the spring loaded cutter hub being keyed to the pelletizer shaft by a key that is welded in a slot in the spring loaded cutter hub to simplify its manufacture and provide a positive and dependable drive connection to enable movement of the portion of the spring loaded cutter hub connected with the blade assembly. The die plate is provided with carbide tiles and the blade assembly includes tungsten carbide blades to provide extended die ware and extended blade ware.