Company Profile | August 16, 1999


Source: Kennametal, Inc.

Kennametal continues to be a world leader in the manufacture and distribution of a complete line of products and services for the metalworking industry. In its three primary geographic markets, Kennametal provides customers with advanced, technological solutions to metalworking challenges through engineering expertise, cutting tools, tooling systems, toolholding and workholding devices and accessories. Kennametal strives to be the customers' first choice for tooling solutions in turning, milling, drilling, boring, threading, grooving and various other machining procedures.

With the formation of its new subsidiary, JLK Direct Distribution, Inc. (JLK), Kennametal has sharpened its focus and leveraged its leadership position in the industrial supply market for metalworking consumable products. JLK combines the expertise and entrepreneurial spirit of J&L Industrial Supply and Full Service Supply. J&L provides small-and medium-sized customers with one-stop shopping through mail-order catalog and showroom sales. Full Service Supply programs serve larger customers' needs for the complete process of tool and supply procurement, use and replenishment, and on-site technical expertise.

Kennametal is the world's leading producer and marketer of tools, cutting systems and components for mining and highway construction. With its No. 1 market position, Kennametal supplies cutting drums, tools, toolholders, drill systems, compacts and accessories for mining applications in established and emerging markets. For highway construction and maintenance applications, Kennametal supplies cutting drums, tools, toolholders, grader and snowplow blades. Kennametal also manufactures and markets carbide-tipped steel tools such as blades, bits and tines, for special use in construction, farming and other applications in rock and soil.