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Saturday, October 11, 2008, 9:39PM ET - U.S. Markets Closed. Dow Down 1.49% Nasdaq Up 0.27%
Kennametal Inc. (KMT)On Oct 10: 19.24  Up 0.17 (0.89%)  
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Kennametal Inc.
1600 Technology Way
PO Box 231
Latrobe, PA 15650-0231
United States - Map
Phone: 724-539-5000
Fax: 724-539-5701
Web Site: http://www.kennametal.com

DETAILS 
Index Membership:S&P 400 MidCap
S&P 1500 Super Comp
Sector:Industrial Goods
Industry:Machine Tools & Accessories
Full Time Employees:13,673

BUSINESS SUMMARY 
Kennametal, Inc. manufactures and sells tooling, engineered components, and advanced materials used in production processes. The company operates through two segments, Metalworking Solutions and Services Group (MSSG); and Advanced Materials Solutions Group (AMSG). The MSSG segment provides metalcutting tools and tooling systems to manufacturing companies in various industries. It offers metalcutting tools for turning, boring, threading, grooving, milling, and drilling. This segment’s tooling systems consist of a steel toolholder and a cutting tool, such as an indexable insert or drill made from cemented tungsten carbides, ceramics, cermets, high-speed steel, and other hard materials. It also provides engineering services, including field sales engineers, identifying products, and engineering designs of products. The AMSG segment produces and sells cemented tungsten carbide products used in mining, highway construction, and engineered applications. Its products include radial bearings used for directional drilling for oil and gas; extruder barrels used by plastics manufacturers and food processors; and various other engineered components. This segment also provides metallurgical powders to manufacturers of cemented tungsten carbide products; application-specific component design services; and on-site application support services. The company’s brands include K, Drill-Fix, Fix-Perfect, Mill1, Chicago-Latrobe, Greenfield, RTW, Circle, Cleveland, Conforma Clad, Extrude Hone, and Surftran. It serves metalworking manufacturers and suppliers in the aerospace, automotive, machine tool, light machinery and heavy machinery, highway construction, coal mining, quarrying, and oil and gas exploration and production industries. Kennametal sells its products worldwide through direct sales force, network of independent distributors, sales agents, and Internet. The company was founded in 1938 and is headquartered in Latrobe, Pennsylvania.
Key Statistics

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    CORPORATE GOVERNANCE 
    Kennametal Inc.'s Corporate Governance Quotient (CGQ®) as of 1-Oct-08 is better than 73.9% of S&P 400 companies and 89.2% of Capital Goods companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Carlos M. Cardoso , 49
    Chairman, Chief Exec. Officer and Pres
    $ 2.01M $ 0
    Mr. Frank P. Simpkins , 45
    Chief Financial Officer and VP
    $ 736.00K $ 170.00K
    Mr. Gary W. Weismann , 53
    VP and Pres of Advanced Materials Solutions Group
    $ 688.00K $ 0
    Mr. David W. Greenfield , 58
    VP, Sec. and Gen. Counsel
    $ 650.00K $ 224.00K
    Mr. John H. Jacko Jr., 50
    Chief Marketing Officer and VP
    $ 489.00K $ 0
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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