Kennametal Recognized Among Top of Caterpillar's Indirect Suppliers for Second Consecutive Year
Rhea-AI Summary
Kennametal (NYSE: KMT) has been recognized as one of Caterpillar's top indirect suppliers for the second consecutive year. The recognition highlights Kennametal's excellence in metal cutting solutions, productivity, supplier relationships, and technical support.
The company plays a crucial role in supporting Caterpillar's infrastructure and electrification projects globally, including data centers and AI hubs. Kennametal, an industrial technology leader with 85+ years of experience, serves customers across aerospace, defense, earthworks, energy, and transportation sectors, operating in nearly 100 countries with 8,100 employees and generating $2 billion in revenues in fiscal 2025.
Positive
- Second consecutive recognition as top Caterpillar supplier, demonstrating consistent performance
- Strong presence in strategic growth areas including infrastructure, data centers, and AI hubs
- Generated $2 billion in revenues in fiscal 2025
- Global operational footprint across nearly 100 countries
Negative
- None.
News Market Reaction – KMT
On the day this news was published, KMT gained 0.57%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
The award highlights Kennametal's contributions in metal cutting solutions, where the company has consistently delivered productivity, maintained strong supplier relationships and demonstrated excellence in communication and technical support.
"As a supplier in Caterpillar's network, we know it's our role to keep their business and their customers running," said Keith Mudge, Vice President of Sales –
The supplier recognition award is also a demonstration of Kennametal's alignment with Cat's strategic goals and our commitment to excellence in supporting Cat's infrastructure and electrification projects around the world including data centers, AI hubs, and other critical 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 8,100 employees are helping customers in nearly 100 countries stay competitive. Kennametal generated
View original content to download multimedia:https://www.prnewswire.com/news-releases/kennametal-recognized-among-top-of-caterpillars-indirect-suppliers-for-second-consecutive-year-302572340.html
SOURCE Kennametal Inc.