Automotive

Kennametal Inc.

Company Profile Analysis

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Kennametal Inc. - Automotive showcase

Year Founded & Workforce

1937-12-31

10,000 Employees

Industry

AutomotiveB2BB2C

Services

K

Kennametal Inc. Overview

Company Headquarters: US

Founded: 1938

Workforce: ~10,000

Company Working:

Kennametal Inc. is a leading manufacturer of industrial equipment and related components. It operates through three business reporting segments, namely, industrial, Widia, and infrastructure. Through the industrial segment, the company offers high-performance metalworking tools for transportation, general engineering, aerospace, and defense industries. It offers high-performance metalworking tools for manufacturing automobiles, engines, airframes, trucks, ships, and other types of industrial equipment. The company offers products under the metalworking tools, mining, construction, engineered wear solutions, and powdered materials and equipment categories. Additionally, it also provides repair and recycling service to the clients.

Kennametal Inc. has a global presence with operations in more than 60 countries. It generates more than 50% of its revenue from outside North America. The company invested nearly USD 38.9 million and USD 38.0 million in 2018 and 2017, respectively, in research and development. It distributes its products through a network of direct sales forces, independent and national chain distributors, and e-commerce and integrated supplier platforms.

Strategy

Kennametal Inc. focuses on enhancing its product portfolio and on-ground distributor network. It intends to develop strategic sourcing and further simplifying its product portfolio to meet the customer demand for cost-effective industrial equipment. The company strategizes to invest in the development and improvement of its sales and distribution channel strategies to strengthen its product distribution and supply network to enhance its value chain. Furthermore, it also focuses on formulating long-term investment strategies with its clients and raw material suppliers to minimize the risk of fluctuations in raw material prices.

Company Snapshot

$2,098.4M

Revenue

10,000

Employees

1937-12-31

Founded

US

Headquarters

SWOT Analysis

Strengths

  • Wide customer base in the domestic market for the industrial equipment
  • Strong distribution network
  • Focus towards research and development of products
  • High R&D capabilities
  • Focus on product development
  • Wide global presence

Weaknesses

  • High expenses across the unrated polices and supply chain
  • Dependence on its industrial segment

Opportunities

  • Invest in the expansion across the Middle East and Asia-Pacific market
  • Scope in invest to strengthen its distribution supply network
  • Growth opportunities in Asia-Pacific
  • Investment to enhance its supply chain through strategic partnerships

Threats

  • Fluctuation in the raw material prices
  • Uncertainty in the global trade polices
  • Increasing raw material prices

Product Offering

  • Kennametal Inc.
    • Stellram Cutting Tools
    • Milling
    • Holemaking
    • Turning
    • Threading
    • Deep Hole Drilling Machines

Financial Performance

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About the Author

Wantstats Research Team

Wantstats' research desk profiles Kennametal Inc. as part of our ongoing coverage of the Automotive sector, drawing on public company data, filings, and market intelligence.

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I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Noah Malgeri
Noah Malgeri

Co-Founder, Mojave Rail Fabrication Limited

This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert

Manager, JavolVision

Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Joseph Aguayo

Sales Operations & Pricing Manager, Intel

Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau

Sales Leader, Bamberg

We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Peter Groot Koerkamp

Account and Business Manager, EFS-Holland BV

Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Younghwan Choi

Senior Retail Manager, LG Chem

We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin

Management Consultant, Level 21

I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker

Group Product Manager HVAC & Fire Protection GMA, Rockwool

I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee

R&D Director, Seojin

Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu

Strategy & Business Development Director, Dogan Holding

We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.

Kennametal Inc.

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