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Manufacturer of tungsten carbide cutting tools and wear protection components for industry and mechanical engineering

KE

Kennametal, Inc.

Latrobe, Pennsylvania (US) · Fürth (DE) · Essen (DE) · Schongau (DE)New on Amplifa

1938Founded
1910Predecessor VASCO founded
1977IPO
Inc.Legal form

About Kennametal

Kennametal is a US manufacturer of high-performance cutting tools and engineered components headquartered in Latrobe, Pennsylvania. The company was founded in 1938 by metallurgist Philip M. McKenna after he developed a patented tungsten-titanium carbide alloy. The product portfolio includes indexable inserts, milling cutters, drills, threading tools and sawing tools for metalworking as well as components for aerospace, defense, transportation, oil and gas drilling, mining and road construction. Manufacturing comprises carbide tools, metal powders and wear-resistant coatings such as Conforma Clad and Stellite. The company grew through acquisitions, including Hertel AG in Fürth (1993), Widia GmbH in Essen (2002) and the Sintec Group in Schongau (2006). Kennametal has been listed on the stock exchange since 1977 and supplies customers worldwide.

Site
Latrobe, Pennsylvania
Processes
Manufacturing of carbide cutting tools (tungsten-titanium carbide alloy), Wear protection coatings (Conforma Clad, Stellite), Extrude Hone (abrasive flow machining), Metal powder production, Manufacturing of indexable insert systems, Production of vanadium alloys / tool steel, Custom Engineering
Materials
Tungsten-titanium carbide alloy (Kennametal), Carbide (hard metal), Tool steel with 18% tungsten, Vanadium alloy (VASCO), Tantalum carbide, Stellite, Tungsten carbide (kinetic projectiles), Tungsten carbide
Founded
1938
Industries
Aerospace, Defense, Transportation, Oil and gas drilling, Mining, Road construction
  1. 01

    Material development (carbide alloys)

  2. 02

    Metal powder production

  3. 03

    Tool manufacturing

  4. 04

    Coating/wear protection

  5. 05

    Distribution (WIDIA Products Group, Kennametal Products Group)

Materials & Processes

WTC

Tungsten-titanium carbide alloy (Kennametal)

Patented founding alloy, harder than tool steel, for the first time enabling high-speed steel turning.

WC

Tungsten carbide

Main constituent of carbide cutting tools; also used for kinetic projectiles during World War II.

TaC

Tantalum carbide

Basis of Philip McKenna's early tool experiments before the founding of Kennametal.

WMo

Tool steel with 18% tungsten

High-speed steel developed by A. G. McKenna in 1900 with significantly increased cutting speeds.

V

Vanadium alloy (VASCO)

The addition of vanadium nearly doubled cutting speed; basis of VASCO founded in 1910.

Stellite

Stellite

Wear protection alloy for coated components of the Kennametal Products Group.

CC

Conforma Clad

Process for wear-resistant coatings within the company's materials portfolio.

Locations

Latrobe, Pennsylvania

US

Headquarters

Materials
Carbide, tungsten-titanium carbide

Fürth

DE

Site (acquisition Hertel AG 1993)

Essen

DE

Site (acquisition Widia GmbH 2002)

Materials
Carbide

Schongau

DE

Site (acquisition Sintec Group 2006)

Industries

AerospaceDefenseTransportationOil and gas drillingMiningRoad constructionMetalworkingAutomotive industryPower generationRail transportWoodworking

Processes & technical limits

ProcessesToleranceMax. partWeightLot sizeMaterials
Manufacturing of carbide cutting tools (tungsten-titanium carbide alloy)Engineering––––Tungsten-titanium carbide, Carbide
Wear protection coatings (Conforma Clad, Stellite)Surface––––Stellite, Carbide
Extrude Hone (abrasive flow machining)Surface–––––
Metal powder productionCasting––––Metal powder (carbide/tungsten carbide)
Manufacturing of indexable insert systemsEngineering––––Carbide
Production of vanadium alloys / tool steelEngineering––––Tool steel with 18% tungsten, vanadium alloys

Additional services

Custom Engineering

History

  1. 1910

    Founding of the Vanadium Alloys Steel Company (VASCO) by the McKenna family

  2. 1938

    Philip M. McKenna founded Kennametal after developing a patented tungsten-titanium carbide alloy

  3. 1940

    Founding of Kennametal of Canada Ltd.; distribution agreement with United States Steel Export Company for foreign markets

  4. 1946

    Invention of an indexable insert system that revolutionized the tool industry

  5. 1958

    Start of international expansion

  6. 1969

    Death of founder Philip McKenna

  7. 1977

    IPO

  8. 1993

    Acquisition of Hertel AG in Fürth

  9. 2002

    Acquisition of Widia GmbH in Essen (EUR 188 million)

  10. 2005

    Acquisition of Extrude Hone Corp. (USD 137 million)

  11. 2006

    Acquisition of the Sintec Group in Schongau

  12. 2009

    Consolidation of brands into WIDIA Products Group and Kennametal Products Group

  13. 2013

    Acquisition of Allegheny Technologies' tungsten materials business (USD 605 million)

  14. 2020

    COVID-19-related loss of USD 5.66 million

  15. 2024

    Moody's confirmed Baa3 rating with stable outlook

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