Kennametal | Jotup

Kennametal Appoints Sanjay Chowbey as President & CEO effective June 1, 2024; Christopher Rossi to Retire on May 31

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Thursday, March 14, 2024

KMT, Growth, COVID-19, Life, Kennametal, Metal, System, Retirement, Management

PITTSBURGH, March 14, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that Sanjay Chowbey, currently Vice President, Kennametal Inc. and President, Metal Cutting Segment, will succeed Christopher Rossi as President & CEO.

Key Points:

PITTSBURGH, March 14, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that Sanjay Chowbey, currently Vice President, Kennametal Inc. and President, Metal Cutting Segment, will succeed Christopher Rossi as President & CEO.
Rossi has decided to retire from the company after nearly seven years as CEO, effective May 31, 2024.
Rossi will continue to serve on the company's Board of Directors until his retirement, at which time Chowbey will join the Board.
Chowbey will also continue in his current role during this transition period until he officially steps into the CEO role.

Kennametal Celebrates Leaders Recognized as 2024 Women MAKE Award Winners

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Friday, March 8, 2024

MAKE, The Guts!, Marketing, Kennametal, Wang, Tungsten, Growth, Female, Materials science, Employee resource group, KMT, ERG, Additive, Work, Research, Woman

PITTSBURGH, March 8, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that Katie Myers, Product Manager, Marketing and Zhuqing Wang, Staff Engineer, Materials Science have been recognized as a 2024 Emerging Leader and Women MAKE Award Honoree respectively by The Manufacturing Institute.

Key Points:

PITTSBURGH, March 8, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that Katie Myers, Product Manager, Marketing and Zhuqing Wang, Staff Engineer, Materials Science have been recognized as a 2024 Emerging Leader and Women MAKE Award Honoree respectively by The Manufacturing Institute.
Myers and Wang are among 130 honorees from companies of all sizes and sectors to receive this honor and they join a group of 15 other Kennametal women, who received Women MAKE Awards in prior years.
"Katie and Zhuqing exemplify the values of leadership, dedication and excellence that drive our company," said Kennametal President and CEO Christopher Rossi.
"We are thankful for their innovative ideas and inspirational leadership in helping Kennametal to serve our customers and advance the manufacturing industry."

Kennametal Announces Strategic Partnership with CAM Software Leader ModuleWorks for Intelligent Manufacturing Solutions

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Tuesday, March 5, 2024

Kennametal, PTC, KMT, Cutting, Autodesk, Automation, Science, Mitsubishi Electric, Workforce, Partnership

PITTSBURGH, March 5, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that it has joined ModuleWorks' Strategic Partner Program.

Key Points:

PITTSBURGH, March 5, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that it has joined ModuleWorks' Strategic Partner Program.
This program is a collective commitment to driving intelligent and integrated digital manufacturing solutions.
Kennametal joins a variety of industry leaders in this program, such as Mitsubishi Electric, AutoDesk, PTC and DMG Mori, among others.
Dr. Yavuz Murtezaoglu, Founder and Managing Director of ModuleWorks added, "We are excited to welcome Kennametal to the Strategic Partner Program.

Hexagonal Boron Nitride Market size to increase by USD 345.2 million between 2022 to 2027, 3M Co., American Elements, BORTEK Boron Technologies and Mechatronic Inc., and more among key companies, Technavio

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Monday, March 4, 2024

3M Co: The company offers hexagonal boron nitride products such as cooling filler platelets.This report provides a full list of key companies, their strategies, and the latest developments.

Key Points:

3M Co: The company offers hexagonal boron nitride products such as cooling filler platelets.This report provides a full list of key companies, their strategies, and the latest developments.
Metals, graphite, ceramics, and organic materials are some of the key materials included in hexagonal boron nitride coatings.
The ability to withstand high temperatures up to 2750 degrees F is one of the key features of hexagonal boron nitride coatings.
The calcium hypochlorite market size is estimated to grow at a CAGR of 11.73% between 2023 and 2028.

Kennametal to Attend J.P. Morgan Industrials Conference

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Wednesday, February 21, 2024

Kennametal, KMT, Conference

PITTSBURGH, Feb. 21, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that they will attend the J.P. Morgan Industrials Conference in New York City.

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PITTSBURGH, Feb. 21, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that they will attend the J.P. Morgan Industrials Conference in New York City.
Details of the conference are as follows:

Kennametal Innovation Recognized as Edison Award Finalist

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Thursday, February 8, 2024

Kennametal, Nature, Edison Award, Transport, KMT, Engineering, Life

PITTSBURGH, Feb. 8, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that it has been named an Edison Award finalist for its industry-first, additive manufactured cutting tool designed with KENionic™ technology.

Key Points:

PITTSBURGH, Feb. 8, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that it has been named an Edison Award finalist for its industry-first, additive manufactured cutting tool designed with KENionic™ technology.
The technology is poised to enhance productivity and efficiency for customers, particularly in the precision machining of components for transportation applications.
"At Kennametal, we push the boundaries of innovation in our industries and being recognized as an Edison Award finalist for our KENionic™ technology is a testament to that dedication," said Dr. Carlonda Reilly, Vice President and Chief Technology Officer.
Award winners will be announced on April 18, 2024 at the annual Edison Awards Ceremony and Gala Event.

Boring Tools Market to grow by USD 1.40 billion from 2022 to 2027, Carbide materials for boring tools are emerging trends - Technavio

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Tuesday, February 6, 2024

Diamond, CNC, Growth, Boring, Kennametal, Sandvik, USD, Transport, Environment, Engineering, Digital, Challenge, Berkshire Hathaway, Digital technology, Risk, Geography, BIG, Gold, Tunnel

Carbide materials for boring tools are emerging trends.

Key Points:

Carbide materials for boring tools are emerging trends.
Meeting customer demands for high-quality products with reduced lead times, organizations deploy tools like boring, milling, drilling, and tapping tools.
Allied Machine and Engineering Corp. - The company offers boring tools such as Wohlhaupter special boring tools.
The cutting tool inserts market is estimated to grow by USD 2,046.36 million at a CAGR of 5.93% between 2022 and 2027.

Kennametal to Host Earnings Conference Call & Webcast on Second Quarter Fiscal 2024 Results

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Wednesday, January 17, 2024

Kennametal, KMT, Webcast

PITTSBURGH, Jan. 17, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) will host its second quarter fiscal year 2024 earnings call on Wednesday, February 7.

Key Points:

PITTSBURGH, Jan. 17, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) will host its second quarter fiscal year 2024 earnings call on Wednesday, February 7.
The press release and presentation will be available on the Company's website before market on February 7.
Details of the conference call and webcast are as follows:

Kennametal Named Among Newsweek's Most Responsible Companies

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Wednesday, December 6, 2023

Kennametal, Newsweek, KMT, Social responsibility, NYSE, Environment, Life

PITTSBURGH, Dec. 6, 2023 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that it has been named one of America's Most Responsible Companies 2024 by Newsweek .

Key Points:

PITTSBURGH, Dec. 6, 2023 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that it has been named one of America's Most Responsible Companies 2024 by Newsweek .
Ranked 70 out of 600 companies.
This acknowledgement reflects Kennametal's unwavering commitment to the environment, ethical business practices and corporate social responsibility.
Rankings are based on a holistic view on corporate responsibility that include key performance indicators and an extensive survey of U.S. residents.

NEW FV GEOMETRY BY KENNAMETAL FEATURES INNOVATIVE CHIP BREAKER DESIGN

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Wednesday, November 1, 2023

Running, FV, Transport, NYSE, KMT, Kennametal, Marketing

PITTSBURGH, Nov. 1, 2023 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today its new FV Geometry, featuring an innovative chip breaker design that allows for a more stable, sharper cutting edge for improved surface roughness and chip formation.

Key Points:

PITTSBURGH, Nov. 1, 2023 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today its new FV Geometry, featuring an innovative chip breaker design that allows for a more stable, sharper cutting edge for improved surface roughness and chip formation.
"The flexibility of our new FV geometry brings operators enhanced performance with consistent chip control in low or medium depths of cut and fewer process interruptions for tool changes," said Scott Etling, Vice President of Marketing, Global Product Management.
FV Geometry is designed with channels that deliver coolant closer to the cutting edge—for the machinist seeking peak versatility and running uninterrupted and lightly interrupted cuts.
FV Geometry eliminates the need to change tools for finishings operations, making it ideal for a broad range of transportation and general engineering applications.