2012 Press Releases

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12/12/12Kennametal Graduates Inaugural Class of "Young Engineers" in Solon, Ohio; Company Expands Program to Develop Future Workforce
SOLON, Ohio, Dec. 12, 2012 /PRNewswire/ -- Kennametal Inc. announced today the graduation of 26 Solon High School students from the inaugural class of its Kennametal Foundation "Young Engineers Program" in Ohio. Kennametal launched the Young Engineers Program in September 2011 in Latrobe, Pennsylvania and this year expanded the program to Solon, Ohio, where the company operates a production facility serving industrial and aerospace customers. The facility is one of four total a... 
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11/27/12Kennametal Management to Meet with Financial Community in San Francisco, Los Angeles & Boston
LATROBE, Pa., Nov. 27, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that Vice President and Chief Financial Officer Frank P. Simpkins will meet with various members of the financial community in San Francisco and Los Angeles from December 11 through December 13, 2012. In addition, Mr. Simpkins will conduct similar meetings in Boston on December 18, 2012. The presentation slides will be available on the company's website, www.kennametal.com, through January 18, ... 
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11/15/12Kennametal to Invest in Tungsten-Cobalt Blended Powder Operations in U.S. and China
Company Commences Plans for a New Global Recycling Facility in the United States and Expanded Tungsten-Cobalt Powder Operations at its Tianjin, China Plant Serving Asia LATROBE, Pa., Nov. 15, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today announced commencement of work to evaluate plans and potential locations for an advanced carbide recycling facility in the United States to serve global markets, while also expanding tungsten-cobalt blended powder operations at its existing facility ... 
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11/13/12Nike Golf President Cindy L. Davis Joins Kennametal Board of Directors
LATROBE, Pa., Nov. 13, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today announced the election of Cindy L. Davis to its board of directors. Ms. Davis, age 50, serves as a vice president of Nike Inc. and as president of Nike Golf. "We are absolutely delighted to welcome Cindy Davis as a member of Kennametal's board of directors," said Carlos Cardoso, Kennametal chairman, president and CEO. "Cindy has an extraordinary, winning track record driving innovation and profitable growth g... 
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11/12/12Kennametal Launches Initiative to Hire Veterans; Addresses Skills Gap
LATROBE, Pa., Nov. 12, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today a hiring initiative to actively recruit former military personnel into manufacturing careers. This fiscal year, the company plans to hire 50 military veterans to join its talented workforce. To guide its efforts, Kennametal is actively participating in Hiring Our Heroes Job Fairs and Junior Military Hiring Conferences throughout the country. So far this fiscal year, four veterans have joined Kennametal, inc... 
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10/25/12Kennametal Names Peter Dragich Vice President Integrated Supply Chain and Logistics
LATROBE, Pa., Oct. 25, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today the appointment of Peter Dragich, age 49, to the position of Vice President Integrated Supply Chain and Logistics, reporting to Kennametal Chairman, President and Chief Executive Officer Carlos Cardoso.  In this role, Dragich will lead the company's global manufacturing operations; distribution centers and reconditioning facilities; with additional responsibilities for supply chain management; supplier sour... 
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10/24/12Kennametal Announces First Quarter 2013 Results
Reported EPS of $0.57 Delivered double digit operating margin Stellite acquisition accretive $0.01 per share Revised guidance due to slowing macro environment LATROBE, Pa. , Oct. 24, 2012 /PRNewswire/ --  Kennametal Inc. (NYSE: KMT) today reported fiscal 2013 first-quarter results, with earnings per diluted share (EPS) of $0.57 compared with the prior period EPS of $0.88 . Carlos Cardoso, Kennametal 's Chairman, Pr... 
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10/09/12Kennametal Announces Conference Call and Webcast on First Quarter Fiscal Year 2013 Earnings Results
LATROBE, Pa., Oct. 9, 2012 /PRNewswire/ -- 10 a.m. Eastern Time, Wednesday, October 24, 2012 Hosted by: Carlos M. Cardoso – Chairman, President and Chief Executive Officer Frank P. Simpkins – Vice President and Chief Financial Officer Listen via real-time audio on the Kennametal website at www.kennametal.com Select "About Us", "Investor Relations", and then "Events" ... 
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09/20/12Kennametal (NYSE:KMT) Management Meeting with Financial Community at MINExpo International
LATROBE, Pa., Sept. 20, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that Chairman, President and Chief Executive Officer, Carlos Cardoso will meet with various members of the financial community on Wednesday, September 26, 2012 at MINExpo International in Las Vegas.  Held every four years, this event is an international exposition that showcases the latest equipment, products, services and technologies for the mining industries. Kennametal Inc. (NYSE: KMT) delivers prod... 
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09/12/12Kennametal Earns Spot on 2012 InformationWeek 500 List of Top Technology Innovators Across America
LATROBE, Pa., Sept. 12, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that it has been named to this year's InformationWeek 500, an annual listing of the nation's most innovative users of business technology. The annual list was revealed last night at a gala awards ceremony at the exclusive InformationWeek 500 Conference which took place at the St. Regis Monarch Beach Resort, Dana Point, CA. Kennametal was recognized for successfully implementing SAP 6.0 in an aggressive... 
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09/05/12Kennametal (NYSE:KMT) Management Hosts Analyst Day Event For Financial Community on September 19, 2012
LATROBE, Pa., Sept. 5, 2012 /PRNewswire/ -- 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 strategies at a meeting with the financial community on Wednesday, September 19, in New York City. The formal presentation is scheduled for 8:30 a.m. Eastern time and is expected to end by 11:30 a.m.  This meeting event will be broadcas... 
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08/30/12Kennametal Management Meeting with Financial Community at the International Manufacturing Technology Show; Presenting at Longbow Research Industrial Manufacturing & Technology Conference
LATROBE, Pa., Aug. 30, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that Vice President and Chief Financial Officer, Frank Simpkins, will meet with various members of the financial community on September 12, 2012, in Chicago, during the International Manufacturing Technology Show (IMTS).  Held every two years, IMTS is one of the largest industrial trade shows in the world and includes more than 1,800 exhibitors with approximately 15,000 new machine tools, contr... 
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07/31/12Kennametal Management Meeting with Financial Community at Credit Suisse and Jefferies Industrials Conferences
LATROBE, Pa., July 31, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that Chairman, President and Chief Executive Officer Carlos M. Cardoso will meet with various members of the financial community at the Credit Suisse Industrials Conference on Tuesday, August 7, 2012, in New York City. In addition, Mr. Cardoso will present at 9 a.m. Eastern time at the Jefferies Global Industrial and Aerospace & Defense Conference on Wednesday, August 8, 2012, in New Y... 
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07/26/12Kennametal Achieves Record 2012 Results; Increases Dividend By 14%
-- Set annual records in sales, operating income, EPS and ROIC -- Achieved 15 percent EBIT and 15 percent ROIC objectives, one year early -- Board increases quarterly dividend 14 percent to $0.16 per share -- Expands repurchase authorization to 12 million shares -- Fiscal 2013 EPS expected to range from $4.10 to $4.40 LATROBE, Pa., July 26, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today reported fiscal 2012 full-year and fourth-quarter results, noting annual performance re... 
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07/10/12Kennametal (NYSE: KMT) to Announce Fiscal Fourth Quarter and Full-year Results on July 26
LATROBE, Pa., July 10, 2012 /PRNewswire/ -- 10 a.m. Eastern Time, Thursday, July 26, 2012 Hosted by: Carlos M. Cardoso – Chairman, President and Chief Executive Officer Frank P. Simpkins – Vice President and Chief Financial Officer Listen via real-time audio on the Kennametal website at www.kennametal.com Select "Investor Relations" and then "Events" Replay ava... 
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06/05/12Kennametal Names Lorrie Paul Crum Vice President of Corporate Relations
LATROBE, Pa., June 5, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today the appointment of Lorrie Paul Crum, age 47, to the position of Vice President, Corporate Relations, reporting to Kennametal Chairman, President and Chief Executive Officer Carlos Cardoso.  In this role, Crum will ensure clear and consistent articulation of Kennametal business objectives leading the company's internal and external communication, with worldwide responsibility for corporate communication, gove... 
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05/31/12Kennametal CEO Carlos Cardoso Named Chairman of MAPI Board of Trustees
LATROBE, Pa., May 31, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that Chairman, President and Chief Executive Officer Carlos Cardoso has been elected Chairman of the Board of Trustees of the Manufacturers Alliance for Productivity and Innovation (MAPI), a leading business research and executive education organization. Cardoso will serve a two-year term with the Arlington, Va.-based organization, which has acted on behalf of manufacturing interests since 1933. "We are p... 
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05/30/12Kennametal Management Presenting at J.P. Morgan Conference
LATROBE, Pa., May 30, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that Chairman, President and Chief Executive Officer Carlos M. Cardoso will present at the J.P. Morgan Diversified Industries Conference on Wednesday, June 6, 2012 in New York City.  At this event, he will conduct a formal presentation at 9:30 AM Eastern time.  The presentation slides and conference audio replay will be available on the company's website, www.kennametal.com, through July 6, 2012.  Once on th... 
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05/03/12Kennametal Recognized for Strategic Planning Success
LATROBE, Pa., May 3, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that it has received honorable recognition in the Richard Goodman Strategic Planning Award competition in the large for-profit category from the Association for Strategic Planning (ASP). Honorable recognition is awarded to those organizations that demonstrate strong planning efforts. Applicants were assessed by an expert judging panel on the following criteria: the use of cutting edge methodologies or proc... 
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05/01/12Kennametal Management Presenting at Barrington Research Conference; Meeting with Financial Community in San Francisco & Denver
LATROBE, Pa., May 1, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that Vice President and Chief Financial Officer Frank P. Simpkins will present at the Barrington Research Industrial & Business Services Conference on Tuesday, May 15, 2012 in Chicago.  Additionally, Chairman, President and Chief Executive Officer Carlos M. Cardoso will meet with various members of the financial community on Tuesday, May 22, 2012 in San Francisco and Wednesday, May 23, 2012 in Denver.... 
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04/26/12Kennametal Announces Record Third Quarter 2012 Results
-- March quarter EPS of $0.93; includes $0.05 per share for acquisition related costs -- EPS and ROIC are March quarter records -- Deloro Stellite acquisition closed on March 1, 2012 LATROBE, Pa., April 26, 2012 /PRNewswire via COMTEX/ --Kennametal Inc. (NYSE: KMT) today reported fiscal 2012 third quarter earnings per diluted share (EPS) of $0.93 compared with prior year quarter reported EPS of $0.77. The current year EPS included acquisition related costs of $0.05 per share and the prio... 
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04/12/12Kennametal Announces Conference Call and Webcast on Third Quarter Fiscal Year 2012 Earnings Results
LATROBE, Pa., April 12, 2012 /PRNewswire via COMTEX/ --10 a.m. Eastern Time, Thursday, April 26, 2012 Hosted by: Carlos M. Cardoso - Chairman, President and Chief Executive Officer Frank P. Simpkins - Vice President and Chief Financial Officer Listen via real-time audio on the Kennametal website at www.kennametal.com Select "Investor Relations" and then "Events" Replay available through May 25, 2012 Kennametal Inc. (NYSE: KMT) delivers productivity to customers seeking peak performan... 
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03/16/12Kennametal Named Among World's Most Ethical Companies
LATROBE, Pa., March 16, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that it has been named one of the World's Most Ethical Companies by The Ethisphere Institute, a leading international think-tank dedicated to the creation, advancement and sharing of best practices in business ethics, corporate social responsibility, anti-corruption and sustainability. Kennametal was selected among the World's Most Ethical Companies for exhibiting leadership in promoting ethical busines... 
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03/14/12Kennametal Management Meeting with Financial Community in Baltimore; Presenting at BB&T Commercial & Industrial Conference
LATROBE, Pa., March 14, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that Chairman, President and Chief Executive Officer Carlos M. Cardoso will meet with various members of the financial community on Wednesday, March 28, 2012 in Baltimore, Maryland.  Mr. Cardoso will present at the BB&T Commercial & Industrial Conference on Thursday, March 29, 2012.  At this event, he will conduct a formal presentation at 9:40 AM Eastern time.  The presentation slides and conferenc... 
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03/01/12Kennametal Completes Acquisition of Deloro Stellite
LATROBE, Pa., March 1, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that it has completed the previously announced acquisition of Deloro Stellite Group from private equity firm Duke Street. Deloro Stellite is a global manufacturer and provider of alloy-based critical wear solutions for extreme environments involving high temperature, corrosion and abrasion.  The company's proprietary metal alloys, materials expertise, engineering design and fabrication capabilities compl... 
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02/16/12Kennametal Management Meeting with Financial Community in Boston, New York and Chicago
LATROBE, Pa., Feb. 16, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that Chairman, President and Chief Executive Officer Carlos M. Cardoso will meet with various members of the financial community on February 28 and 29, 2012 in Boston and New York.  In addition, Vice President and Chief Financial Officer Frank P. Simpkins will meet with various members of the financial community on March 5, 2012 in Chicago. The presentation slides will be available on the company's w... 
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01/26/12Kennametal Announces Record Second Quarter 2012 Results
-- Record December quarter EPS of $0.91 and operating margin of 14.7 percent -- All-time record adjusted ROIC of 17.3 percent -- Increases EPS guidance to $3.70 to $3.90 from $3.60 to $3.85 -- Enters into a definitive agreement to acquire Deloro Stellite   LATROBE, Pa., Jan. 26, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) today reported record fiscal 2012 second quarter earnings per diluted share (EPS) of $0.91 compared with prior year quarter reported EPS of $0.52.  ... 
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01/17/12Kennametal to Acquire Deloro Stellite
Transaction will extend Kennametal's range of wear solutions LATROBE, Pa., Jan. 17, 2012 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that it has signed a definitive agreement to purchase the Deloro Stellite Group from Duke Street Capital for approximately euro 277 million.  The acquisition, which is expected to close in 60 to 90 days, remains subject to customary regulatory approval and negotiated conditions of closing. UK-based Deloro Stellite, with approximately e... 
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01/11/12Kennametal Announces Conference Call and Webcast on Second Quarter Fiscal Year 2012 Earnings Results
LATROBE, Pa., Jan. 11, 2012 /PRNewswire/ -- 9 a.m. Eastern Time, Thursday, January 26, 2012 Hosted by: Carlos M. Cardoso – Chairman, President and Chief Executive Officer Frank P. Simpkins – Vice President and Chief Financial Officer Listen via real-time audio on the Kennametal website at www.kennametal.com Select "Investor Relations" and then "Events" Replay available through February 26, 2012 Kennametal Inc. (NYSE: KMT) delivers productivity to customers seeking peak ... 
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01/09/12Kennametal CEO Calls on Peers to Deliver the Promise of Manufacturing
Emphasizes need to bridge gap between perception and reality of U.S. Manufacturing WASHINGTON, Jan. 9, 2012 /PRNewswire/ -- To deliver on the promise of manufacturing, Kennametal Inc. (NYSE: KMT), Chairman, President and CEO Carlos Cardoso will tell journalists and stakeholders during an appearance at The National Press Club today that he and his industry peers need to more clearly articulate their success stories and educate young workers about viable manufacturing ca... 
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