PITTSBURGH, Feb. 12, 2018 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that is has been recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as one of the 2018 World's Most Ethical Companies.
"For nearly 80 years, Kennametal has been an organization built on trust - trust among our employees, customers and all stakeholders invested in our business," said Kennametal Vice President, Secretary and General Counsel Michelle Keating. "Maintaining strong ethics and integrity has always been a part of our culture and will continue to be a key ingredient in the long-term success of our organization."
Kennametal has been recognized seven consecutive years and is one of only two honorees in the machine tool and accessories industry, underscoring the company's commitment to leading with integrity and prioritizing ethical business practices.
"While the discourse around the world changed profoundly in 2017, a stronger voice emerged. Global corporations operating with a common rule of law are now society's strongest force to improve the human condition. This year we saw companies increasingly finding their voice. The World's Most Ethical Companies in particular continued to show exemplary leadership," commented Ethisphere's CEO, Timothy Erblich. "I congratulate everyone at Kennametal for being recognized again as one of the World's Most Ethical Companies."
Kennametal will accept the 2018 World's Most Ethical Companies award at Ethisphere's Annual Gala Dinner on March 13 in New York City.
Celebrating its 80th year as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling and wear-resistant solutions. Customers across aerospace, earthworks, energy, general engineering and transportation turn to Kennametal to help them manufacture with precision and efficiency. Every day approximately 11,000 employees are helping customers in more than 60 countries stay competitive. Kennametal generated nearly $2.1 billion in revenues in fiscal 2017. Learn more at www.kennametal.com.
SOURCE Kennametal Inc.