Kennametal delivers productivity to customers seeking peak performance in demanding environments by providing innovative custom and standard wear-resistant solutions. This proven productivity is enabled through our advanced materials sciences and application knowledge.
Our commitment to a sustainable environment provides additional value to our customers. 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 - Industrial and Infrastructure - our products and services touch nearly every manufacturing process. People around the globe can see and touch these results throughout many aspects of their day, from the light switch they turn on to the car they drive.
To be successful in business, we also must be successful in meeting, and exceeding, our environmental and social responsibilities. See our Corporate Sustainability section to learn more about Kennametal's efforts to create a sustainable company.
- Founded in 1938
- More than 12,000 employees worldwide
- Annual sales are approximately $2.6 billion
- Headquartered in Pittsburgh, Pennsylvania, USA
- Serving customers in more than 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, innovation, customer excellence, talent development, portfolio management, and operational excellence. This management operating system enables us to execute our strategies and provides a common language for the entire global Kennametal team.
Ethics & Compliance
Our Code of Business Ethics & Conduct is a major component of the Kennametal Value Business System (KVBS). The Code addresses the importance of fair dealing and compliance in all aspects of Kennametal’s business and focuses on the concept of simply doing the right thing … every day. See our Ethics & Compliance section for details.
Success Through People
At Kennametal, we are committed to being the employer of choice for the best people. Our success relies on our more than 14,000 employees doing business with customers 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.
- November 4, 2013 - ATI Tungsten Materials Business
- August 1, 2013 - Comercializadora Emura S.R.L.
- March 2, 2012 - Deloro Stellite
- May 7, 2009 - Romicron
- 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.