Kennametal Inc - Company Profile
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Business Description
Kennametal Inc (Kennametal) manufactures and supplies tooling, engineered components, and materials. Its portfolio includes metal cutting tools, tooling systems and services, tungsten carbide products, coatings, super alloys, and investment castings. The company’s products find application in industries such as aerospace, defense, transportation, machine tools, light machinery and heavy machinery, coal mining, road construction and quarrying, oil and gas exploration, refining, production, and supply.
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R&D Overview
The company’s R&D focuses on delivering innovation to its customers for the development of new products and process technology. The development of new products provides solutions that help customers overcome productivity and manufacturing challenges. The advanced new process technology facilitates operational excellence and improves product quality and efficiency at plant sites. In FY2023, the company reported research and development costs of US$43.1 million, which grew 2.4% YoY.
Business Segments
Overview
Offers drums and block systems, foundation drilling cutting tools, road rehabilitation and trenching systems, among others. Serves chemicals, oil and gas, power generation, mining, highway construction and road maintenance and process industries. Operates under the Kennametal brand.
Performance
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Overview
Manufactures high-performance tooling and metal-cutting products such as milling, threading, turning, hole-making, and toolmaking systems. Also offers standard and customized metal-cutting solutions to energy, aerospace, transportation and general engineering sectors. Markets products under the brand names WIDIA, WIDIA GTD, and WIDIA Hanita. It also reaches customers through value-added resellers, integrated supplier channels, direct sales force, independent and national chain distributors, and e-commerce.
Performance
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Geographical Segments
- Brazil
- Canada
- China
- France
- Germany
- India
- Italy
- Mexico
- Other
- South Africa
- Spain
- United Kingdom
- United States
Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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Performance
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