Kennametal to close Arkansas plant
The Pittsburgh Business Times (Free subscription) | 10/02/2008
Kennametal Inc. will shutter its Bentonville, Ark. factory at the end of this year, affecting 120 workers, the company said Wednesday. (KMT)
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Kennametal Completes Acquisition of Tricon Metals & Services
PR News Wire (Free subscription) | 10/01/2008
LATROBE, Pa., Oct. 1 /PRNewswire-FirstCall/ -- Kennametal Inc. (NYSE: KMT) announced today that it has completed the previously announced acquisition of the assets of Tricon Metals & Services, Inc. This business will be known as Kennametal Tricon Metals & Services and will be part of Kennametal's Advanced Materials Solutions Group (AMSG) business. Tricon is a leading provider of custom wear solutions...
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Frost & Sullivan Lauds Kennametal's Adoption for its Best-in-class New Product Development Process to Build an Innovative and Green Product Portfolio
Business Wire (Free subscription) | 09/30/2008
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Based on its recent analysis of the cutting tools market, Frost & Sullivan recognizes Kennametal Inc. with the 2008 North American Frost &
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Kennametal CEO gets 32 percent raise
Today's Tribune-Review (Free subscription) | 09/10/2008
Carlos M. Cardoso, chairman and chief executive of the Unity, Westmoreland County-based industrial toolmaker will receive $4,648,995 in cash and compensation in 2008, a 32 percent increase from his cash and compensation of $3,575,832 in 2007.
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Kennametal Management Holds Analyst Day Event for Financial Community September 17, 2008
PR News Wire (Free subscription) | 09/05/2008
LATROBE, Pa., Sept. 5 /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 17, in New York. The presentation is scheduled...
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Kennametal Management to Meet with Financial Community at the International Manufacturing Technology Show
PR News Wire (Free subscription) | 09/04/2008
LATROBE, Pa., Sept. 4 /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 September 9, 2008, in Chicago, Illinois, during the International Manufacturing Technology Show (IMTS). Discussion...
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Kennametal buys firm Alabama manufacturer
Today's Tribune-Review (Free subscription) | 08/26/2008
Machine tooling company Kennametal Inc. is acquiring for an undisclosed price the assets of Tricon Metals & Services Inc., a Birmingham, Ala.-based company that provides materials processing, custom fabrications and technical services.
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Kennametal Announces Acquisition of Tricon Metals & Services; Expands Advanced Materials Business
PR News Wire (Free subscription) | 08/25/2008
LATROBE, Pa., Aug. 25 /PRNewswire-FirstCall/ -- Kennametal Inc. (NYSE: KMT) announced today that it has signed a definitive agreement to acquire the assets of Tricon Metals & Services, Inc. Closing is planned for October 2008 and remains subject to negotiated conditions of closing. Tricon will become part of Kennametal's Advanced Materials Solutions Group (AMSG), and the acquisition is expected to...
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Net income falls for Kennametal Inc.
Today's Tribune-Review (Free subscription) | 07/26/2008
The Unity-based toolmaker said that earnings for the fourth quarter fell 4 percent, to $59.6 million, or 77 cents a share, compared to $62.1 million, or 79 cents a share, for the fourth quarter 2007.
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Kennametal reports decreased income
Today's Tribune-Review (Free subscription) | 07/25/2008
Kennametal Inc. said fourth-quarter and fiscal year 2008 net income both fell, despite increase in sales in both periods.
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Kennametal, Inc. F4Q08 (Qtr. End 06/30/08) Earnings Call Transcript
Seeking Alpha (Free subscription) | 07/24/2008
Kennametal Inc. (KMT) Q4 FY08 Earnings Call Complete Story ยป
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Kennametal earnings drop in fourth quarter
The Pittsburgh Business Times (Free subscription) | 07/24/2008
Kennametal Inc. said Thursday its fourth-quarter earnings fell to $59.6 million, or 77 cents a share, compared to $62.1 million, or 79 cents a share, for same quarter a year ago. (KMT)
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Kennametal profits fall but sales set records
Today's Tribune-Review (Free subscription) | 07/24/2008
Kennametal Inc. said today its fiscal fourth quarter earnings fell to $59.6 million, or 77 cents a share, compared to $62.1 million, or 79 cents a share, for the fourth quarter 2007.
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Kennametal Reports Record Fourth Quarter and Full Year Results for Fiscal 2008
PR News Wire (Free subscription) | 07/24/2008
- Records set for sales, adjusted EPS and adjusted ROIC for June quarter and fiscal year - Quarter and fiscal year organic sales growth of 4 percent - Quarter reported EPS of $0.77; adjusted EPS of $0.85 - Fiscal year reported EPS of $2.15; adjusted EPS of $2.76 LATROBE, Pa., July 24 /PRNewswire-FirstCall/ -- Kennametal Inc. (NYSE: KMT) reported today that it achieved new records for sales, adjusted...
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Kennametal's Innovation Strategy Delivers More than $200 Million in Customer Productivity Savings
PR News Wire (Free subscription) | 07/21/2008
LATROBE, Pa., July 21 /PRNewswire-FirstCall/ -- Kennametal Inc. (NYSE: KMT) announced today that it has reached more than $230 million in documented savings to its customers worldwide for fiscal year 2008. The savings were tracked in head-to-head comparisons with competitors' products for holemaking, milling, turning and other metalworking tasks at customers' facilities around the world. "We are...
