Kennametal Leaders Recognized with Women in Manufacturing STEP Awards
LATROBE, Pa., Jan. 15, 2013
LATROBE, Pa., Jan. 15, 2013 /PRNewswire/ --Kennametal Inc. (NYSE: KMT)
announced today that two company leaders received honors in the inaugural
Women in Manufacturing STEP Awards presented by The Manufacturing Institute,
Deloitte, University of Phoenix, and the Society of Manufacturing Engineers.
Kennametal's Colleen Wood Cordova, vice president global product management,
and Martina Igel, plant manager of Kennametal's Schongau, Germany facility,
were selected with 120 other woman recognized at all levels, from the factory
floor to the C-suite.
STEP stands for Science, Technology, Engineering and Production, all reflected
in the achievements of these women, who were recognized for leadership
excellence in modern manufacturing.
"On behalf of all Kennametal employees around the world, I am pleased to
congratulate Colleen Wood Cordova and Martina Igel for being named among the
first group of leaders to receive this great honor," said Kennametal Chairman,
President and CEO Carlos Cardoso. "We are very proud of the fact that their
example will help promote opportunities to inspire more women to pursue
careers in today's high-tech manufacturing. We need strong leaders like
Colleen and Martina to keep this vital industry thriving."
For more information on the achievements of each, please visit links to
profiles for Ms. Cordova and Ms. Igel.
The Manufacturing Institute and its STEP Ahead initiative partners will
recognize the 122 recipients of the STEP Awards at a reception in Washington,
D.C. on February 5, 2013. The STEP Awards program will highlight each
honoree's leadership and accomplishments in manufacturing.
"These 122 women are the faces of exciting careers in manufacturing," said
Jennifer McNelly, president, The Manufacturing Institute. "We chose to honor
these women because they each made significant achievements in manufacturing
through positive impact on their company and the industry as a whole."
The STEP Awards are part of the larger STEP Ahead initiative launched by The
Manufacturing Institute, Deloitte, University of Phoenix, and the Society of
Manufacturing Engineers, to examine and promote the role of women in the
manufacturing industry through recognition, research, and best practices for
attracting, advancing, and retaining strong female talent.
"The STEP Ahead initiative was founded to change perceptions of the
manufacturing industry and create new opportunities for women in the sector,"
said Latondra Newton, group vice president at Toyota Motor North America, Inc.
and chairwoman of the STEP Ahead initiative. "This initiative is the call for
action to transform the face of today's manufacturing talent and ensure that
women can contribute to the future of this industry."
A 2011 survey from Deloitte and The Manufacturing Institute found that nearly
70 percent of American manufacturing companies have a moderate to severe
shortage of available, qualified workers. Manufacturing companies cannot fill
as many as 600,000 skilled positions, even as unemployment numbers hover at
historically high levels. Additionally, labor statistics show that women are
underrepresented in the manufacturing workforce and in manufacturing
leadership ranks — a situation that must be reversed to preserve and grow the
About the Manufacturing Institute
The Manufacturing Institute (the Institute) is the 501 (c) 3 affiliate of the
National Association of Manufacturers. As a non-partisan organization, the
Institute is committed to delivering leading-edge information and services to
the nation's manufacturers. The Institute is the authority on the attraction,
qualification, and development of world-class manufacturing talent. Visit
About Kennametal Inc.
Kennametal Inc. (NYSE: KMT) delivers productivity to customers seeking peak
performance in demanding environments by providing innovative custom and
standard wear-resistant solutions. This proven productivity is enabled through
our advanced material sciences and application knowledge. Our commitment to a
sustainable environment provides additional value to our customers. Companies
operating in everything from airframes to coal mining, from engines to oil
wells and from turbochargers to construction recognize Kennametal for
extraordinary contributions to their value chains. With annual sales of nearly
$3 billion and approximately 13,000 employees, Kennametal serves customers in
more than 60 countries worldwide – with more than 50 percent of these revenues
coming from outside North America. Visit us at www.kennametal.com.
SOURCE Kennametal Inc.
Contact: Kennametal Media Relations: Christina Sutter, +1-724-539-5708, or
Kennametal Investor Relations: Quynh McGuire, +1-724-539-6559; or
Manufacturing Institute: Jacey Wilkins, +1-202-637-3493
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