XNYS
KMT
Market cap2.42bUSD
Oct 08, Last price
31.71USD
1D
-1.74%
1Q
-5.63%
Jan 2017
1.44%
Name
Kennametal Inc
Chart & performance
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Profile
Kennametal Inc. is a global leader in developing and applying cutting-edge materials, including tungsten carbides, ceramics, and super-hard compounds. Their core mission is to provide robust solutions for demanding industrial applications, specifically in metal cutting and environments prone to extreme wear, high temperatures, and corrosion, serving clients worldwide. The company's operations are structured into two primary segments: Metal Cutting and Infrastructure. Within the Metal Cutting division, Kennametal offers a comprehensive portfolio of standard and bespoke products, encompassing tools for turning, milling, and hole-making, integrated tooling systems, and associated technical services. They also supply specialized wear-resistant components and advanced metallurgical powders. These critical products serve a diverse array of manufacturers across industries such as transportation (vehicles and components), machine tools, light and heavy machinery, aerospace (airframes and components), and the energy sector (oil and gas, power generation). The company further supports these clients with expert product design, selection, application guidance, and ongoing support services, delivering customized metal cutting solutions. Under its Infrastructure segment, Kennametal produces a variety of specialized items. This includes compacts, nozzles, frac seats, and tailored components crucial for the oil and gas and petrochemical industries. They also provide rod blanks and abrasive water jet nozzles for broader industrial applications, alongside durable earth-cutting tools and systems essential for underground mining, trenching, foundation drilling, and road milling. Furthermore, the company manufactures tungsten carbide powders for aerospace, oil and gas, and process industries, as well as ceramics specifically utilized by the packaging industry for film and paper metallization. Kennametal's extensive product lines are marketed under well-known brands such as Kennametal, WIDIA, WIDIA Hanita, and WIDIA GTD. Distribution occurs through a multi-channel approach, leveraging a direct sales force, a broad network of independent and national distributors, integrated supplier relationships, and online platforms. Founded in Pittsburgh, Pennsylvania, in 1938, the company boasts a long-standing history in the industrial materials sector.
Related entities
Subsidiaries (4)
HANITA METAL WORKS LTD
KENNAMETAL SHARED SERVICES PRIVATE LIMITED
KENNAMETAL EUROPE GMBH
Key people
Lawrence W. Stranghoener
Independent Chairman of the Board · since 2018
Chief Financial Officer, Vice President · since 2018
Chief Administrative Officer, Vice President · since 2019
Patrick S. Watson
Vice President - Finance, Corporate Controller · since 2017
Peter A. Dragich
Vice President and President, Industrial Business Segment · since 2018
Michelle R. Keating
Vice President, General Counsel, Secretary · since 2016
Ronald L. Port
Vice President and President, Infrastructure Business Segment · since 2018
Carlonda R. Reilly
Chief Technology Officer, Vice President · since 2018
Christopher Rossi
President, Chief Executive Officer, Director · since 2017
Independent Director · since 2018
Independent Director · since 2012
William J. Harvey
Independent Director · since 2011
Independent Director · since 2017
Lorraine M. Martin
Independent Director · since 2018
Independent Director · since 2017
Legal address
ROUTE 981 WESTMORELAND COUNTY AIRPORT
LATROBE, PA 15650
US
LATROBE, PA 15650
US
Headquarters
1600 Technology Way
Latrobe, PA 15650
US
Latrobe, PA 15650
US
Valuation
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