Kennametal Opens European Headquarters in the Greater Zurich
Area (source: GZA)
Kennametal Inc. opens its European headquarters
in Neuhausen in the Greater Zurich Area. The company will establish its
operations this year with 25 employees.
Kennametal Inc. (NYSE:KMT) is a leading global supplier of tooling, engineered components and advanced materials utilized in production. Kennametal is the market leader in North America in metalcutting tools and is second in Europe and the rest of the world. It is the undisputed global market leader in tools for mining and highway construction industries.
With 14,000 employees worldwide, the
corporation's annual sales are approximately $2 billion, nearly half coming
from sales outside the United States. Kennametal is headquartered in Latrobe,
Pa., USA. Kennametal was founded in 1938 by metallurgist Philip M. McKenna and
today is represented in more than 60 countries.
July
2005