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Slide #98. Kennametal Inc. — Assets of Comercializadora Emura S.R.L.
Kennametal Inc. (NYSE:KMT)
Assets of Comercializadora Emura S.R.L.
Kennametal Inc. (NYSE: KMT) today announced it has completed the previously announced acquisition of the operating assets of Comercializadora Emura S.R.L. and certain related entities ("Emura"), based in La Paz, Bolivia, while securing related material sourcing agreements.
Kennametal manufactures tungsten carbide metal cutting tooling. Co.'s standard and custom product offering spans metal cutting and wear applications including turning, milling, hole making, tooling systems and services, as well as wear components and metallurgical powders. End users of Co.'s metal cutting products include manufacturers engaged in a range of industries including: the manufacturers of transportation vehicles and components, machine tools and light and heavy machinery; airframe and aerospace components; and energy-related components for the oil and gas industry, as well as power generation. Co.'s operating segments are: Industrial, Widia and Infrastructure.
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Hold (2.37 out of 4)