Kennametal Inc KMT

Kennametal Inc. provides industrial technology, including innovative custom and standard wear-resistant solutions. Operating internationally, the company offers solutions to customers across a range of markets, including transportation, general engineering, earthworks, energy, and aerospace. Founded in 1943, Kennametal has its headquarters in Pittsburgh, Pennsylvania.

Kennametal operates its business through two segments: Infrastructure and Metal Cutting. The company's Infrastructure segment produces advanced metallurgical powders, earth-cutting tools, and engineered tungsten carbide and ceramic components, primarily for the earthworks, energy, and general engineering markets. Kennametal's Metal Cutting segment develops and manufactures metal cutting and tooling products and services, as well as offering a variety of standard and custom metal-cutting solutions. Through this segment, the company offers milling, hole making, threading, turning, and toolmaking systems, which are used to manufacture trucks and automobiles, airframes, aero engines, ships, and industrial equipment.

Kennametal trades on the NYSE under the ticker KMT and has been listed since 1945. In addition to its other products, Kennametal produces nozzles, frac seats, compacts, and custom components used in the oil, gas, and petrochemical industries, as well as ceramics used by the packaging industry to metallise films and papers. Kennametal markets its products under the Kennametal, WIDIA, WIDIA GTD, and WIDIA Hanita brands. With nearly 9,000 employees worldwide as of November 2021, Kennametal has clients in more than 60 countries.

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