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Kennametal Inc. (KMT)

8:00AM AEST: 24.31 USD  Up 0.45 (1.89%)  
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Kennametal Inc.
1600 Technology Way
PO Box 231
Latrobe, PA 15650-0231
Phone: 724-539-5000
Fax: 724-539-5701
Web Site: http://www.kennametal.com

 DETAILS 
Index Membership:S&P 400 MidCap
S&P 1500 Super Comp
Sector:Industrial Goods
Industry:Machine Tools & Accessories
Employees (last reported count):11,584

 REUTERS ABRIDGED BUSINESS SUMMARY 
Kennametal Inc. manufactures and sells tooling, engineered components, and advanced materials consumed in production processes worldwide. The company operates through two segments, Metalworking Solutions and Services Group (MSSG); and Advanced Materials Solutions Group (AMSG). The MSSG segment provides metalcutting tools and tooling systems to manufacturing companies in various industries. It offers metalcutting tools for turning, boring, threading, grooving, milling, and drilling. This segmentÂ’s tooling systems consist of a steel toolholder and a cutting tool, such as an indexable insert or drill made from cemented tungsten carbides, ceramics, cermets, and other hard materials. It also provides engineering services, including product design and identification. The AMSG segment offers cemented tungsten carbide products used in mining, highway construction, and engineered applications. Its products include radial bearings used for directional drilling of oil and gas; extruder barrels used by plastics manufacturers and food processors; and various other engineered components. This segment also provides metallurgical powders to manufacturers of cemented tungsten carbide products; application-specific component design services; and on-site application support services, as well as engineered component process technology and materials. The company markets its products under Kennametal, Kenloc, Kenna-LOK, KM Micro, Kentip, Widia Heinlein, Top Notch, ToolBoss, ToolBoss, Kyon, Fix-Perfect, Mill1, RTW, Circle, Conforma Clad, Extrude Hone, and Surftran brands. It serves metalworking manufacturers and suppliers in the aerospace, automotive, machine tool, light and heavy machinery, coal mining, highway construction, quarrying, and oil and gas exploration and production industries. Kennametal sells its products through direct sales force, network of independent distributors, sales agents, and Internet. The company was founded in 1938 and is headquartered in Latrobe, Pennsylvania.
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     OFFICERS 
     PayExercised
    Mr. Carlos M. Cardoso , 51
    Chairman, Chief Exec. Officer and Pres
    $ 959.00K $ 0
    Mr. Frank P. Simpkins , 47
    Chief Financial Officer and VP
    $ 490.00K $ 0
    Mr. Gary Weismann , 55
    VP and Pres of Advanced Materials Solutions Group
    $ 476.00K $ 0
    Mr. Paul Jay DeMand , 45
    VP and Pres of Metalworking Solutions Services Group
    $ 488.00KN/A
    Mr. John H. Jacko Jr., 52
    Chief Marketing Officer and VP
    $ 401.00K $ 0
    Dollar amounts are as of 31-Dec-09 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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