Kennametal Inc.
Company Snapshot
Company Overview
Kennametal Inc. is a prominent producer and distributor of steel machining, stainless steel components, and stainless-steel bar stocks. Kennametal Inc. has a robust R&D team and focuses on carbide wear parts, carbide rods & blanks, metal powders, advanced materials, boron nitride ceramic solutions, and additive manufacturing. The company has more than 1800 active patents in the global economy. In 2023, Kennametal Inc. granted more than 100 patents. Kennametal Inc. adopted the new product launches strategy for business expansion and launched 20 new products in the global market. The company has established its technology centers in the U.S., Germany, and India. The company distributes its advanced materials in various regions, namely, North Africa, South Africa, South America, Europe, the Middle East, and Asia-Pacific.
Financial Highlights (FY 2023)
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Kennametal Inc. In News
Company's Business Segments
- Metal Cutting : The products in this segment includes Milling, Hole Making, Turning, Threading, Toolmaking Systems used in the manufacture of Airframes, Aero Engines, Trucks, Automobiles, Ships, various types of industrial equipment.
- Infrastructure : These segment Wear-resistant products include Compacts, Nozzles, Frac seats, Custom components used in Oil and Gas and Petrochemical Industries, Rod Blanks, Abrasive Water Jet Nozzles for General Industries, Earth Cutting Tools, Systems used in Underground Mining, Trenching, Foundation Drilling, Road Milling.
Applications/End User Industries
- Aerospace
- Defense
- Energy
- Transportation
- Automobiles
- Packaging
- Petrochemical
- Oil
- Gas
- Airframes
- Aero Engines
- Earthworks
- Underground Mining
- General Engineering
- Road Milling
- Metallization
- Drilling