KMT

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

Retrieved on: 
Thursday, March 14, 2024

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

Retrieved on: 
Friday, March 8, 2024

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

Retrieved on: 
Tuesday, March 5, 2024

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.

Kennametal to Attend J.P. Morgan Industrials Conference

Retrieved on: 
Wednesday, February 21, 2024

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.

Key Points: 

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

Retrieved on: 
Thursday, February 8, 2024

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.

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

Retrieved on: 
Wednesday, January 17, 2024

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:

Is China preparing for a war over Taiwan, or has the west got it wrong? Here are the indicators

Retrieved on: 
Monday, January 8, 2024

At first glance however, it might appear that China is preparing for a long-term conflict with the US over Taiwan, the self-governing island of 24 million people, which the mainland claims.

Key Points: 
  • At first glance however, it might appear that China is preparing for a long-term conflict with the US over Taiwan, the self-governing island of 24 million people, which the mainland claims.
  • In his New Year’s address China’s president, Xi Jinping, stated that Taiwan would “surely be reunited” with China.
  • This is particularly significant as it comes days ahead of Taiwan’s national election on January 13.

Other key indicators

  • There are other key indicators to watch out for.
  • This is also a common theme among Chinese netizens as well, many of whom tend to be more nationalistic than the government is.

Technical battles

  • In doing so Biden signalled he may be prepared to appeared to edge away slightly from his hardline policies to reduce dependence on China’s technology.
  • His administration has not allowed US chip manufacturers to sell to China as well encouraging its allies to block the sale of hi-tech chip making exports.
  • Dutch manufacturer ASML’s cancellation of its shipments of chip-making machinery to China, was attributed to pressure from Washington.

Both sides have reservations

  • This was further underlined by several simulation exercises of a Taiwan conflict by the US military in 2020.
  • They discovered that nine out of ten of the possible outcomes ended in a US defeat.
  • So, a potential conflict with China poses a notable challenge for American power.
  • It’s clear that the present crises have provided an opportunity for China to gain understanding of current military challenges, as well as delivering some benefits.


Tom Harper does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

Epigenetic Therapeutics Global Markets Research 2023-2028 Featuring Major Players - AstraZeneca, Bristol-Myers Squibb, GSK, Ipsen, Seagen, and Incyte - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 2, 2024

The global epigenetic therapeutics market was valued at $6.4 billion in 2022.

Key Points: 
  • The global epigenetic therapeutics market was valued at $6.4 billion in 2022.
  • Technological innovations in epigenetic drug discovery and development are driving increased use of epigenetic therapeutics, which also is pushing market growth.
  • This report is a comprehensive study of the global market for epigenetic therapeutics.
  • This report examines the factors driving growth in the epigenetic drugs market, and it reviews major players, established companies and new entrants.

Customers Receive Faster Delivery of Energy-Efficient Structured Ceramic Packing from Knight Material Technologies

Retrieved on: 
Thursday, December 7, 2023

Knight Material Technologies (KMT), located in Canton, Ohio, has expanded its production capacity by installing an automated robotic line.

Key Points: 
  • Knight Material Technologies (KMT), located in Canton, Ohio, has expanded its production capacity by installing an automated robotic line.
  • The first production from the new line includes FLEXERAMIC ® structured packing media used in heat transfer, particularly in regenerative thermal oxidizers (RTOs).
  • "Nowhere else is structured ceramic packing made in a fully automated, robotic line," stated Kevin Brooks, president of KMT.
  • The superior quality and doubled production volume will bring a superior product to our customers with faster delivery times."

Kennametal Named Among Newsweek's Most Responsible Companies

Retrieved on: 
Wednesday, December 6, 2023

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.