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Kennametal Ranks Among World's Best Companies by TIME

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Kennametal Inc. (NYSE: KMT) has been recognized in TIME's World's Best Companies 2024 list, a prestigious accolade based on revenue growth, employee satisfaction, and sustainability data. This recognition highlights Kennametal's commitment to its stakeholders, including employees, customers, investors, and community partners.

President and CEO Sanjay Chowbey emphasized the company's focus on growth, employee engagement, and sustainability as central to their strategy. Kennametal, an industrial technology leader with over 85 years of experience, provides materials science, tooling, and wear-resistant solutions to customers in aerospace, defense, earthworks, energy, and transportation sectors.

In fiscal 2024, Kennametal generated $2 billion in revenues and employs approximately 8,400 people across nearly 100 countries. The company's dedication to sustainability is detailed in its fiscal year 2024 Corporate Responsibility Report.

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+0.69% News Effect

On the day this news was published, KMT gained 0.69%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

PITTSBURGH, Sept. 12, 2024 /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today its inclusion in TIME's World's Best Companies 2024. Presented by TIME and Statista Inc., the world-leading statistics portal and industry ranking provider, this prestigious recognition reflects Kennametal's commitment to all its stakeholders – employees, customers, investors and community partners.

The World's Best Companies list is based on comprehensive analysis of revenue growth, employee-satisfaction surveys and sustainability data.

"Our global team is hard at work advancing our strategy and focusing on continuous improvement across all parts of our business, and we are honored to be named among the World's Best Companies," said Sanjay Chowbey, President and CEO. "Our collective focus on growth, employee engagement and sustainability are central to our strategy as we create a lasting, positive impact for all our stakeholders."

View Kennametal's fiscal year 2024 Corporate Responsibility Report to learn more about the Company's sustainability initiatives.

About Kennametal
With over 85 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling and wear-resistant solutions. Customers across aerospace and defense, earthworks, energy, general engineering and transportation turn to Kennametal to help them manufacture with precision and efficiency. Every day approximately 8,400 employees are helping customers in nearly 100 countries stay competitive. Kennametal generated $2 billion in revenues in fiscal 2024. Learn more at www.kennametal.com. Follow @Kennametal: Instagram, Facebook, LinkedIn and YouTube.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/kennametal-ranks-among-worlds-best-companies-by-time-302246764.html

SOURCE Kennametal Inc.

FAQ

What recognition did Kennametal (KMT) receive in 2024?

Kennametal (KMT) was included in TIME's World's Best Companies 2024 list, recognizing its performance in revenue growth, employee satisfaction, and sustainability.

How much revenue did Kennametal (KMT) generate in fiscal 2024?

Kennametal (KMT) reported revenues of $2 billion for fiscal year 2024.

Who is the current President and CEO of Kennametal (KMT)?

Sanjay Chowbey is the current President and CEO of Kennametal (KMT).

How many employees does Kennametal (KMT) have as of 2024?

Kennametal (KMT) employs approximately 8,400 people across nearly 100 countries as of 2024.

What industries does Kennametal (KMT) serve?

Kennametal (KMT) serves industries including aerospace, defense, earthworks, energy, general engineering, and transportation.
Kennametal

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Tools & Accessories
Machine Tools, Metal Cutting Types
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United States
PITTSBURGH