KMT Description: Kennametal Inc. manufactures and supplies tooling, engineered components, and advanced materials consumed in production processes worldwide. It operates through two segments, Industrial and Infrastructure. The company offers standard and customized technologies for metalworking, such as metal cutting tools, tooling systems and services, and materials, including cemented tungsten carbide products, super alloys, coatings, and investment castings. It also manufactures and markets a line of tool holders, tool-holding systems, and rotary-cutting tools by machining and fabricating steel bars and other metal alloys. In addition, the company produces compacts and metallurgical powders; products made from tungsten carbide or other hard materials that are used for custom-engineered and applications, including mining and highway construction; and engineered components and surface technology solutions with proprietary metal cladding capabilities, as well as process technology and materials that focus on component deburring, polishing, and effecting controlled radii. Its Industrial segment serves customers primarily in the transportation, general engineering, aerospace, and defense markets, as well as the machine tool industry; and offers its products and services for use in the manufacture of engines, airframes, automobiles, trucks, ships, and various types of industrial equipment. The company’s Infrastructure segment serves customers in energy and earthworks sectors that support primary industries, such as oil and gas; power generation and chemicals; underground, and surface and hard-rock mining; highway construction and road maintenance; and food and beverage. Kennametal Inc. sells its products through its direct sales force, as well as through a network of independent distributors and sales agents, integrated supply channels, and Internet. Kennametal Inc. was founded in 1938 and is headquartered in Latrobe, Pennsylvania. |