We help our customers lead their industries.
In turn, they've made us a leader in ours.
We use a solution approach to help our customers succeed.
With our broad line of innovative products and our expertise across a wide range of industries, we have the unique ability to find the solution that best meets our customers' needs. When no off-the-shelf solution will do, our experts will work with yours to create a solution that optimizes your specific process and your economics. That's why Kennametal customers consider us to be their competitive edge.
About us
Kennametal is a leading global supplier of tooling, engineered components and advanced materials that are consumed in production processes. We provide customers with a broad range of technologically advanced tools, tooling systems and technical services. Our expert scientists and engineers apply highly complex powder metallurgy, materials science and mechanical engineering technologies to cemented tungsten carbides, high-speed steels, ceramics, industrial diamonds and other material compositions to produce products that have the optimum combination of resistance to heat, impact, corrosion, pressure and wear to excel in your particular application. Kennametal’s portfolio of well-respected brand names and broad global presence enable us to help customers of all sizes in virtually every geography drive success at every stage of their value chain. Strategically aligned across our two core businesses - Metalworking Solutions and Services Group (MSSG) and the Advanced Materials Solutions Group (AMSG) - our products and services touch nearly every manufacturing process, and people around the globe can see and touch these results from the time they turn on the light switch in the morning, to the breakfast they eat or the vehicle they drive.
Company Overview
- Founded in 1938
- 14,000 employees worldwide
- Annual sales are approximately $2.7 billion
- Headquartered in Latrobe, Pennsylvania, USA.
- Operations in over 60 countries
- First or second in every market we serve
- Global market leader in tooling for the mining and highway construction industries.
Executing Our Strategies
The Kennametal Value Business System (KVBS) is a set of six business management processes by which we operate our business and continually drive shareowner value to our customers. At the core of KVBS are our values and our strong code of ethics. The disciplines and processes of KVBS focus on strategic planning, product development, sales growth, talent development, mergers and acquisitions and building a “Lean” enterprise. This management operating system enables us to execute our strategies and provides a common language for the entire global Kennametal team.
Kennametal Code of Ethics
Success Through People
At Kennametal, we are committed to being the employer of choice for the best people. Our success relies on our 14,000 employees located in more than 60 countries across the globe. We believe it is essential to have the right people, with the right skills, at the right time and place to continually drive shareowner value and execute our strategy Through our Talent Development System, a key component of our KVBS management operating system, we offer programs that enable our team to continuously grow and contribute to our success.
Finding and Serving Customers
We are where our customers need us to be. Quick, thorough response to customer needs has been a key component of Kennametal's success. The application experts who make up our field sales force work directly on the customer shop floor, at the mine face or on the construction site to solve problems and increase productivity. Kennametal's real-time, on-line customer service system provides instantaneous information on global product availability, order status and application solutions.
Continued global growth organically and through acquisitions is a key strategy for Kennametal. Acquisitions in our core businesses are conducted according to a disciplined process that is part of KVBS. Recent acquisitions enable us to enhance our technologies to better engineer our customers’ competitive edge.
Recent Acquisitions
- October 1, 2008 - Tricon Metals & Services, Inc.
- May 14, 2007 – Remaining Ownership Interest in Spanish Affiliate, KENCI, S.A
- May 2, 2007 – International Specialty Alloys, Inc.
- January 31, 2007 – Federal Signal’s Cutting Tool Business
- September 18, 2006 – Camco
- July 10, 2006 - Sintec
We also continue to expand our reach through our distribution and channel / brand strategy touching more customers through our strong distribution partnerships. Kennametal delivers productivity and savings to our customers across a range of industries and networks. Brand portfolio management drives down our cost-to-serve as we continue to grow and makes our brands more distinct for our customers.
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