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Latest Kennametal Stories

2010-10-20 07:00:00

LATROBE, Pa., Oct. 20 /PRNewswire/ -- Krummenauer (Neunkirchen, Germany), a leading manufacturer of longwall shearer and proprietary high-performance cutting drums used in longwall mining, has appointed Kennametal (Latrobe, Pennsylvania) its exclusive distributor in North and Latin America, effective immediately. According to the agreement, Kennametal will also distribute Krummenauer products in Northern Europe (UK, Ireland, and Scandinavia), India and Pakistan, and Australia/New Zealand....

2010-10-08 07:00:00

LATROBE, Pa., Oct. 8 /PRNewswire-FirstCall/ -- 10 a.m. Eastern Time, Thursday, October 28, 2010 Hosted by: Carlos M. Cardoso - Chairman, President and Chief Executive Officer Frank P. Simpkins - Vice President and Chief Financial Officer Listen via real-time audio on the Kennametal website at www.kennametal.com Select "Investor...

2010-09-21 07:30:00

LATROBE, Pa., Sept. 21 /PRNewswire-FirstCall/ -- Kennametal Inc. (NYSE: KMT) announced today that its Chairman, President and Chief Executive Officer, Carlos M. Cardoso, as well as key members of the senior management team, will provide an update on the company's strategy and its outlook at a meeting with the financial community on Wednesday, September 29, in New York. The formal presentation is scheduled for 8:30 a.m. Eastern time and is expected to end by 11:00 a.m. This meeting event...

2010-09-08 08:13:00

LATROBE, Pa., Sept. 8 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that Chairman, President and Chief Executive Officer, Carlos Cardoso, and Vice President and Chief Financial Officer, Frank Simpkins, will meet with various members of the financial community on September 15, 2010, in Chicago, during the International Manufacturing Technology Show (IMTS). Held every two years, IMTS showcases more than 1,100 exhibiting companies with more than 15,000 new machine tools,...

2010-08-03 07:00:00

LATROBE, Pa., Aug. 3 /PRNewswire-FirstCall/ -- Kennametal Inc. (NYSE: KMT) has been recognized by several customers for product and service excellence during the most recent fiscal year. Automobile manufacturer Honda presented Kennametal with a Supplier of the Year Award for production cutting tools, which include drills, taps, inserts, tool holders, cutters and die punches. "Kennametal exemplifies Honda's philosophy of delivering the highest possible value to our customers through its...

2010-07-12 07:00:00

LATROBE, Pa., July 12 /PRNewswire-FirstCall/ -- Kennametal Inc. (NYSE: KMT) announced today that Chairman, President and Chief Executive Officer Carlos Cardoso has been elected vice chairman of the executive committee of the Manufacturers Alliance/MAPI, a leading business research and executive education organization. Cardoso will serve a two-year term with the Arlington, Va.-based organization, which has acted on behalf of manufacturing interests since 1933. "We are delighted and...

2010-07-08 16:00:00

LATROBE, Pa., July 8 /PRNewswire-FirstCall/ -- 10 a.m. Eastern Time, Thursday, July 29, 2010 Hosted by: Carlos M. Cardoso - Chairman, President and Chief Executive Officer Frank P. Simpkins - Vice President and Chief Financial Officer Listen via real-time audio on the Kennametal website at www.kennametal.com Select "Investor Relations" and then "Events" Replay...

2010-06-28 07:00:00

LATROBE, Pa., June 28 /PRNewswire-FirstCall/ -- Kennametal Inc. (NYSE: KMT) announced today the signing of a $500 million five-year credit agreement. This syndicated bank facility amends and restates Kennametal's prior loan agreement. It contains favorable pricing and enhanced liquidity relative to the company's amended 2006 agreement. "We are pleased with our banking partners' confidence in and support of Kennametal and its business outlook. This five year transaction meaningfully...

2010-05-17 16:00:00

LATROBE, Pa., May 17 /PRNewswire-FirstCall/ -- Kennametal Inc. (NYSE: KMT) today announced a key management change designed to further align the organization and enhance future profitable growth. Effective immediately, Gary W. Weismann will become Vice President and President, Business Groups, assuming responsibility for the company's two business units worldwide. In this role, Mr. Weismann will lead the resources of both the Advanced Materials Solutions Group and the Metalworking...

2010-05-05 07:00:00

LATROBE, Pa., May 5 /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 focuses on Kennametal's future growth, opportunities and challenges within the industry and investor insights. Visit the interview at http://www.wallstreetreporter.com/2010/05/kennametal-inc-nyse-kmt-ceo-interview-2/ In the interview with Mr. Cardoso, he makes...


Word of the Day
penuche
  • A fudgelike confection of brown sugar, cream or milk, and chopped nuts.
'Penuche' is a variant of 'panocha,' a coarse grade of sugar made in Mexico. 'Panocha' probably comes from the Spanish 'panoja, panocha,' ear of grain.
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