Kennametal Inc.
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Sanjay K. Chowbey
- Full Time Employees
- 8,073
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- 525 William Penn Place Pittsburgh PA United States 15219
- IPO Date
- May 22, 1981
- CIK
- 0000055242
- Website
- kennametal.com
- Similar Companies
- Business
- Kennametal Inc. stands as a global industrial technology leader, specializing in the development and application of advanced materials, particularly tungsten carbides, ceramics, and other super-hard compositions. The company delivers high-performance solutions for metal cutting and applications demanding extreme wear resistance, enabling clients worldwide to contend with challenging conditions like corrosion and elevated temperatures. Its operations are structured into two principal segments: Metal Cutting and Infrastructure. Within its Metal Cutting division, the company offers a comprehensive range of standard and customized tooling, including turning, milling, holemaking, and threading solutions, alongside integrated tooling systems and associated services. These products serve manufacturers across diverse sectors such as transportation, machine tools, light and heavy machinery production, aerospace and defense component manufacturing, and energy-related parts for industries like oil and gas. The Infrastructure segment concentrates on engineered components for wear protection and earth-cutting tools. This includes specialized wear components, metallurgical powders, compacts, nozzles, and frac seats vital for the oil and gas and petrochemical industries. Additionally, it provides rod blanks and abrasive waterjet nozzles for general industrial uses, along with earth cutting tools and systems for underground mining, trenching, foundation drilling, and road milling. The segment also contributes tungsten carbide powders to aerospace and process industries, and ceramic materials for applications such as film and paper metallization in the packaging sector. Kennametal also engages in additive manufacturing, offering fully sintered 3D-printed tungsten carbide components. The company differentiates itself through deep materials science and engineering expertise, paired with advanced manufacturing capabilities, providing application knowledge and support services for product selection and design. Kennametal distributes its offerings under prominent brands such as Kennametal, WIDIA, WIDIA Hanita, and WIDIA GTD, utilizing a direct sales force, an extensive network of independent and national distributors, integrated supplier channels, and digital platforms. Founded in 1938, Kennametal Inc. maintains its headquarters in Pittsburgh, Pennsylvania. Recent innovations include new turning grades and micro boring solutions, reflecting a continuous commitment to productivity.
Company News
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Kennametal Inc (KMT) Stock Down 4.3% but Still Overvalued -- GF Score: 75/100