Kennametal (KMT)

Kennametal (KMT) Stock Quote Information

Kennametal Inc. manufactures and sells tooling, engineered components, and advanced materials consumed in production processes worldwide. The company operates through two segments, Metalworking Solutions and Services Group (MSSG); and Advanced Materials Solutions Group (AMSG). The MSSG segment provides metalcutting tools and tooling systems to manufacturing companies in various industries. It offers metalcutting tools for turning, boring, threading, grooving, milling, and drilling. This segment?s tooling systems consist of a steel toolholder and a cutting tool, such as an indexable insert or drill made from cemented tungsten carbides, ceramics, cermets, and other hard materials. It also provides engineering services, including product design and identification. The AMSG segment offers cemented tungsten carbide products used in mining, highway construction, and engineered applications. Its products include radial bearings used for directional drilling of oil and gas; extruder barrels used by plastics manufacturers and food processors; and various other engineered components. This segment also provides metallurgical powders to manufacturers of cemented tungsten carbide products; application-specific component design services; and on-site application support services, as well as engineered component process technology and materials. The company markets its products under Kennametal, Kenloc, Kenna-LOK, KM Micro, Kentip, Widia Heinlein, Top Notch, ToolBoss, ToolBoss, Kyon, Fix-Perfect, Mill1, RTW, Circle, Conforma Clad, Extrude Hone, and Surftran brands. It serves metalworking manufacturers and suppliers in the aerospace, automotive, machine tool, light and heavy machinery, coal mining, highway construction, quarrying, and oil and gas exploration and production industries. Kennametal sells its products through direct sales force, network of independent distributors, sales agents, and Internet. The company was founded in 1938 and is headquartered in Latrobe, Pennsylvania.