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Last updated on April 18, 2014 at 6:20 EDT

Latest Kennametal Stories

2009-07-06 15:27:00

LATROBE, Pa., July 6 /PRNewswire-FirstCall/ -- Kennametal Inc. (NYSE: KMT) announced that it has amended its $500 million revolving bank credit agreement. The amendment provides additional flexibility with respect to financial covenants, while maintaining the size and maturity of the facility. Key aspects of the amendment are as follows: A change in the EBITDA definition to exclude all non-cash charges and cash restructuring payments up to a defined limit A modification of the leverage...

2009-06-10 15:15:00

LATROBE, Pa., June 10 /PRNewswire-FirstCall/ -- Kennametal Inc. (NYSE: KMT) announced today that Chairman, President and CEO, Carlos Cardoso, is featured in a special interview with the Wall Street Reporter. The interview highlights building Kennametal for the future, opportunities and challenges within the industry, investor insights and recent awards and recognition. Visit the interview at http://www.wallstreetreporter.com/index.php/2009/06/kennametal-inc-nyse-kmt-ceo-interview/ In the...

2009-06-08 15:30:00

LATROBE, Pa., June 8 /PRNewswire-FirstCall/ -- Kennametal Inc. (NYSE: KMT) announced today that Vice President and Chief Financial Officer Frank P. Simpkins will meet with various members of the financial community as well as present at the Wachovia Mid-Year Equity Conference in Boston on Wednesday, June 24, 2009. The presentation is scheduled for 1:00 p.m. Eastern time and will be available on the company's website, www.kennametal.com. The replay will be available through July 24, 2009....

2009-06-01 07:00:00

LATROBE, Pa., June 1 /PRNewswire-FirstCall/ -- Kennametal Inc. (NYSE: KMT) announced today that two of its inventors were honored with the Advanced Manufacturing Award at the 13th Annual Carnegie Science Center Awards. This is the eighth time that Kennametal has been recognized for excellence in the areas of advanced manufacturing, materials and corporate innovation. Inventors, Karen Craig and Dr. Dirk Kammermeier, were honored for their development of a hybrid tool that performs both...

2009-05-20 08:00:00

LATROBE, Pa., May 20 /PRNewswire-FirstCall/ -- Kennametal Inc. (NYSE: KMT) announced today that Chairman, President and Chief Executive Officer Carlos M. Cardoso will meet with various members of the financial community on Tuesday, June 2, 2009, at the KeyBanc Industrial, Automotive and Transportation Conference in Boston. The presentation slides will be available through July 2, 2009, on the company's website, www.kennametal.com. Once on the homepage, select "Investor Relations" and then...

2009-05-19 08:00:00

LATROBE, Pa., May 19 /PRNewswire-FirstCall/ -- Kennametal Inc. (NYSE: KMT) announced today that it has signed a definitive agreement to sell its high speed steel drills, related product lines and assets to Top Eastern Drill Co., Ltd. (TDC). This sale is in alignment with Kennametal's strategy to shape its business portfolio and rationalize its manufacturing footprint. The transaction, which is expected to close in June 2009, remains subject to negotiated conditions of closing. Top-Eastern...

2009-05-12 08:00:00

LATROBE, Pa., May 12 /PRNewswire-FirstCall/ -- Kennametal Inc. (NYSE: KMT) announced today that Chairman, President and Chief Executive Officer Carlos M. Cardoso and Vice President and Chief Financial Officer Frank P. Simpkins will meet with various members of the financial community on Thursday, May 21, 2009, at the Barrington Research Industrial Conference in Chicago. The presentation slides will be available through June 20, 2009, on the company's website, www.kennametal.com. Once on the...

2009-05-07 17:57:00

- Helps strengthen the company's holemaking and hole finishing precision portfolio - Continues strategic investment in emerging markets LATROBE, Pa., May 7 /PRNewswire/ -- Kennametal Inc. announced today that it has completed the acquisition of ROMICRON(R) from Industrias Romi S.A. Kennametal has been the global distributor of ROMICRON(R) for the past 14 years, and entered into an agreement with Industrias Romi S.A. in July 2008 to acquire its ROMICRON(R) technology and manufacturing. The...

2009-04-30 15:30:00

LATROBE, Pa., April 30 /PRNewswire-FirstCall/ -- Kennametal Inc. (NYSE: KMT) announced today that Vice President and Chief Financial Officer Frank P. Simpkins will meet with various members of the financial community in the Mid-Atlantic region on May 8, 2009. The presentation slides will be available on the company's website, www.kennametal.com, through June 8, 2009. Once on the homepage, select "Investor Relations" and then "Events." Kennametal Inc. (NYSE: KMT) is a leading global...

2009-04-27 07:00:00

- 72% of the respondents ranked Kennametal first as a company they currently use to purchase cutting tools. (Tooling & Production Survey, 2009.) - 89% put Kennametal at top of name recognition for cutting tool providers (Tooling & Production Survey, 2009) - 62% of respondents named Kennametal tops - most recognized brand, offered the best range of services and number one in customer service (PLANT Canada's Industry Newspaper, 2008) LATROBE, Pa., April 27 /PRNewswire-FirstCall/...