KMT

Knight Material Technologies Adds Structured Packing Capacity with New Kiln

Retrieved on: 
Wednesday, February 15, 2023

Knight Material Technologies (KMT), located in Canton, Ohio, has expanded its production capacity by installing a new kiln to support demand for the company's anti-corrosive brick and structured media used in corrosive and high-temperature applications found in industrial plants and towers.

Key Points: 
  • Knight Material Technologies (KMT), located in Canton, Ohio, has expanded its production capacity by installing a new kiln to support demand for the company's anti-corrosive brick and structured media used in corrosive and high-temperature applications found in industrial plants and towers.
  • The new capital investment, a roller hearth kiln, will increase the production at the Canton plant and will be used to manufacture KMT's industry-leading FLEXERAMIC® structured packing.
  • "We are excited to complete our first major capital investment at Knight Materials Technologies since our divestiture from Koch Engineered Solutions," said Kevin Brooks, President of KMT.
  • "The new roller hearth kiln advances our manufacturing capabilities and improves our ability to accelerate our customer response times."

KENNAMETAL INTRODUCES GOLD STANDARD TURNING INSERT GRADE WITH ADVANCED COATING TECHNOLOGY

Retrieved on: 
Thursday, February 16, 2023

PITTSBURGH, Feb. 16, 2023 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT), a leader in metal-cutting tools and solutions, has introduced a new, higher performance turning grade with an advanced coating technology. KCP25C with KENGold™ is the first choice for metal-cutting inserts with improved wear and higher metal removal rates for steel-turning applications.

Key Points: 
  • PITTSBURGH, Feb. 16, 2023 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT), a leader in metal-cutting tools and solutions, has introduced a new, higher performance turning grade with an advanced coating technology.
  • "Our high performance KCP25C grade inserts with KENGold coating technology set a new standard for machinists working across a variety of steel turning applications," said Vice President of Global Product Management Scott Etling.
  • "This gold standard turning insert delivers a one-two performance punch of higher metal removal rates and improved wear resistance, meaning our customers can machine longer and with greater productivity and efficiency than before.
  • For more information about the KENGold advanced coating technology and KCP25C grade, visit: https://www.kennametal.com/us/en/products/metalworking-tools/turning/coa... .

Kennametal Names Michael Pici Vice President, Investor Relations

Retrieved on: 
Monday, February 13, 2023

PITTSBURGH, Feb. 13, 2023 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that Michael Pici has been named Vice President, Investor Relations effective immediately.

Key Points: 
  • PITTSBURGH, Feb. 13, 2023 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that Michael Pici has been named Vice President, Investor Relations effective immediately.
  • In this role, Pici will be responsible for the company's global investor relations strategy and will report directly to Vice President and Chief Financial Officer Patrick Watson.
  • Pici has more than 30 years of experience across investor relations, financial analysis, reporting and corporate development.
  • Most recently, Pici served as Vice President, Investor Relations for Perspecta.

Global Merino Wool Shoes Market Report 2022: Antimicrobial, Odor-resistant, Temperature Regulating, Moisture-wicking Properties of Merino Wool Bolstering Growth - Forecasts to 2027

Retrieved on: 
Saturday, January 21, 2023

Moreover, the shoes made from merino wool are durable and light in weight, hence creating a barefoot feeling for the wearer.

Key Points: 
  • Moreover, the shoes made from merino wool are durable and light in weight, hence creating a barefoot feeling for the wearer.
  • Increase in winter tourism and growing awareness among people regarding the merino wool benefits are contributing to the high demand for merino wool shoes.
  • Hence, the merino wool shoes market holds a huge potential and their market is anticipated to grow at a formidable rate in the coming years.
  • Company Profiles: Detailed analysis of the major companies present in Global Merino wool shoes Market.

Kennametal to Host Earnings Conference Call & Webcast on Second Quarter Fiscal 2023 Results

Retrieved on: 
Monday, January 16, 2023

PITTSBURGH, Jan. 16, 2023 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) will host its second quarter fiscal year 2023 earnings call on Tuesday, February 7, 2023.

Key Points: 
  • PITTSBURGH, Jan. 16, 2023 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) will host its second quarter fiscal year 2023 earnings call on Tuesday, February 7, 2023.
  • The press release and presentation will be available on the Company's website after market close on February 6, 2023.
  • Details of the conference call and webcast are as follows:

Global Merino Wool Shoes Market Report 2022: Industry Size, Share, Trends, Opportunity, and Forecasts, 2017-2022 & 2023-2027 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 18, 2023

Moreover, the shoes made from merino wool are durable and light in weight, hence creating a barefoot feeling for the wearer.

Key Points: 
  • Moreover, the shoes made from merino wool are durable and light in weight, hence creating a barefoot feeling for the wearer.
  • Increase in winter tourism and growing awareness among people regarding the merino wool benefits are contributing to the high demand for merino wool shoes.
  • Hence, the merino wool shoes market holds a huge potential and their market is anticipated to grow at a formidable rate in the coming years.
  • Company Profiles: Detailed analysis of the major companies present in Global Merino wool shoes Market.

Klay Music Token (KMT) Is Now Available for Trading on LBank Exchange

Retrieved on: 
Wednesday, December 7, 2022

Internet City, Dubai--(Newsfile Corp. - December 7, 2022) - LBank Exchange, a global digital asset trading platform, has listed Klay Music Token (KMT) on December 5, 2022.

Key Points: 
  • Internet City, Dubai--(Newsfile Corp. - December 7, 2022) - LBank Exchange, a global digital asset trading platform, has listed Klay Music Token (KMT) on December 5, 2022.
  • Its native token Klay Music Token (KMT) has been listed on LBank Exchange at 5:00 UTC on December 5, 2022, to further expand its global reach and help it achieve its vision.
  • For instance, Klay Music is developing an algorithm that enables artists to get paid with Klay Music tokens instantly and automatically if their songs are played on the Klay Music platform.
  • Klay Music Token (KMT) is the native token of Klay Music ecosystem.

Kennametal Names Paul Sternlieb to Board of Directors

Retrieved on: 
Thursday, December 15, 2022

PITTSBURGH, Dec. 15, 2022 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today the election of Paul Sternlieb to its board of directors, effective January 1, 2023.

Key Points: 
  • PITTSBURGH, Dec. 15, 2022 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today the election of Paul Sternlieb to its board of directors, effective January 1, 2023.
  • Sternlieb is currently the President and CEO of Enerpac Tool Group, a premier industrial tools and services company.
  • "Paul's global experience and successful execution of growth strategies across various industrial manufacturing companies makes him an excellent addition to our Board of Directors," said Christopher Rossi, Kennametal President and CEO.
  • Sternlieb joined Enerpac as CEO in 2021 and serves on the company's Board of Directors.

Kennametal Announces Fiscal 2023 First Quarter Results

Retrieved on: 
Monday, October 31, 2022

Operating income was not adjusted in the current quarter, whereas adjusted operating income was $56 million, or 11.6 percent margin, in the prior year quarter.

Key Points: 
  • Operating income was not adjusted in the current quarter, whereas adjusted operating income was $56 million, or 11.6 percent margin, in the prior year quarter.
  • The reported effective tax rate (ETR) for the quarter was 27.5 percent compared to 27.0 percent in the prior year quarter.
  • The ETR was not adjusted in the current quarter whereas the adjusted ETR was 26.9 percent in the prior year quarter.
  • The Company will host a conference call to discuss its first quarter fiscal 2023 results on Tuesday, November 1, 2022 at 8:00 a.m. Eastern Time.

Kennametal to Host Earnings Conference Call & Webcast on First Quarter Fiscal 2023 Results

Retrieved on: 
Tuesday, October 11, 2022

PITTSBURGH, Oct. 11, 2022 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) will host its first quarter fiscal year 2023 earnings call on Tuesday, November 1, 2022.

Key Points: 
  • PITTSBURGH, Oct. 11, 2022 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) will host its first quarter fiscal year 2023 earnings call on Tuesday, November 1, 2022.
  • The press release and presentation will be available on the Company's website after market close on October 31, 2022.
  • Details of the conference call and webcast are as follows:
    With over 80 years as an industrial technology leader,Kennametal Inc.delivers productivity to customers through materials science, tooling and wear-resistant solutions.
  • Every day approximately 8,700 employees are helping customers in more than 60 countries stay competitive.Kennametalgenerated$2 billionin revenues in fiscal 2022.