Kennametal
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Company type | Public |
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NYSE: KMT BSE: 505890 S&P 400 Component | |
Industry | Metals |
Founded | 1938 |
Headquarters | Pittsburgh, Pennsylvania |
Key people | Christopher Rossi, President and CEO |
Products | aggregates, metalworking, abrasive flow products, cutting tools, metallurgy, mining equipment, woodworking, fluid handling |
Revenue | $2.4 billion USD |
Number of employees | approximately 10,000 worldwide |
Website | www.kennametal.com |
Kennametal is an American supplier of tooling and industrial materials founded in 1938 by Philip M. McKenna in the Latrobe, Pennsylvania area.[1]
Production
Kennametal products:[2]
- Blades, disks, skins, fuel control systems, and landing gear for the aerospace industry
- Synthetic fertilizers for agriculture
- Camshafts, crankshafts, cylinder heads, rotors, calipers and differentials for automobiles
- Roofing and abrasives for home construction
- Asphalt, stabilization tools, and tunneling equipment for road construction
- Woodworking tools
- Machining industries:
- Machine tools: Machining centers, turning centers (CNC lathes), automatic lathes (screw machines)
- Tooling for machine tools:
- Indexable toolholders, collets
- fixtures
- cutting tools (via WIDIA Products Group, a consolidation of various brands in this industry): inserts, tool bits, milling cutters, taps and dies, metal sawing cutters and tooling
- Mining equipment
- Abrasives and flow control for the oil industry
- Generating equipment for electric power plants
- Fluids for the paper industry
- Wheels and axles for rail transport
- Custom engineering
Brands
In 2009, Kennametal announced that they migrated all its current brands into two distinct portfolios: WIDIA Products Group and Kennametal Products Group.[3]
WIDIA Products Group
On August 30, 2002 Kennametal completed acquisition of Widia Group from Miacron Inc. for 188 million Euros in cash.[4] This group markets four brands WIDIA, Hanita, WIDIA GTD, and Shinki.[5] The GTD stands for Greenfield Tap & Die and was initially formed in 1912.[6]
Kennametal Products Group
Kennametal Products Group provides metalworking tools, metal powders, and wear-resistant coatings such as Conforma-Clad and Stellite.[7]
See also
References
- ^ "About Us". www.kennametal.com. Archived from the original on 2015-12-15.
- ^ "Products". www.kennametal.com. Archived from the original on 2015-11-21. Retrieved 2015-11-21.
- ^ "Kennametal Launches WIDIA Products Group". www.kennametal.com. Retrieved 2022-04-16.
- ^ "Kennametal Announces Completion of Widia Acquisition | Kennametal Inc". investors.kennametal.com. Retrieved 2022-04-16.
- ^ "Services". www.widia.com. Retrieved 2022-04-16.
- ^ "WIDIA GTD". www.widia.com. Retrieved 2022-04-16.
- ^ "Products". www.kennametal.com. Retrieved 2022-04-16.