| Business Summary | | Kennametal
Inc.
manufactures,
purchases
and
distributes
a
broad
range
of
tools,
tooling
systems
and
solutions
to
the
metalworking,
mining,
oil
and
energy
industries
and
wear-resistant
parts
for
a
wide
range
of
industries.
Kennametal
is
strategically
organized
along
three
global
business
units:
Metalworking
Solutions
and
Services
Group,
Advanced
Materials
Solutions
Group
and
J&L
Industrial
Supply.
The
Company
provides
customers
a
broad
range
of
technologically
advanced
tools,
tooling
systems
and
engineering
services
aimed
at
improving
customers'
manufacturing
competitiveness.
Kennametal's
products
utilize
highly
complex
metallurgy
and
materials
science
in
tungsten
carbide
powders,
high-speed
steels,
ceramics,
industrial
diamond
and
other
materials
that
are
particularly
resistant
to
heat,
abrasion,
pressure
and
wear. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Kennametal
Inc.
is
a
manufacturer
and
marketer
of
consumable
tools
and
related
supplies
for
metalworking,
mining
and
highway
construction
industries,
as
well
as
specially
engineered
products
for
other
industries.
For
the
nine
months
ended
3/31/01,
sales
fell
2%
to
$1.36
billion.
Net
income
before
acct.
change
and
extraordinary
item
rose
35%
to
$43.9
million.
Revenues
reflect
unfavorable
foreign
currency
effects.
Net
income
reflects
lower
restructuring
and
impairment
charges. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
442,505;
after
tax
earnings
were
10,028. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| William Newlin, 59 Chairman | -- | Markos Tambakeras, 49 Pres
and CEO | $1.1M | F. Nicholas Grasberger, III, 36 CFO,
VP | -- | H. Patrick Mahanes, Jr., 57 Exec.
VP, Global Strategic Initiatives | 677K | Ralph Niederst, 49 VP,
CIO | -- | Dollar amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|