Kennametal Marks Record Stewardship with United Way
LATROBE, Pa., Feb. 26, 2013
LATROBE, Pa., Feb. 26, 2013 /PRNewswire/ -- Kennametal Inc. announced today
that its U.S. and Canada‑based employees raised over $871,000 in support of
its 2012 United Way Campaign, setting new company records for participation
and giving, exceeding the prior year's efforts by $123,000.
"I am extremely proud of our Kennametal team's generosity and willingness to
support the many communities in which we work and live," said Kennametal
Chairman, President and CEO Carlos Cardoso. "Giving back is something we care
very deeply about, whether catering to customers' needs or those of our
neighbors, it is embedded in our culture and has been that way for the past 75
Kennametal's fundraising efforts will benefit United Way agencies throughout
the United States. Among highlights of its participation throughout the year:
oMore than 1,400 employees pledged $568,000 to the campaign, in addition to
participating in numerous fundraising events and volunteer activities such
as the United Way's "Day of Caring" community outreach projects;
oThe company's annual Strategic Supplier Golf Outing raised over $156,000,
including $40,000 given by the Kennametal Foundation; and
oAn additional $107,000 in matching gifts from the Richard King Mellon
Celebrating its 75^th year as an industrial technology leader, Kennametal Inc.
delivers productivity to customers seeking peak performance in demanding
environments. The company provides innovative wear-resistant products and
application engineering backed by advanced material science, serving customers
in 60 countries across diverse sectors of aerospace, earthworks, energy,
industrial production, transportation and infrastructure. With approximately
13,000 employees and nearly $3billion in sales, the company realizes half of
its revenue from outside North America, and 40% globally from innovations
introduced in the past five years. Recognized among the "World's Most Ethical
Companies" (Ethisphere); "Outstanding Corporate Innovator" (Product
Development Management Association); and "America's Safest Companies" (EHS
Today) with a focus on 100% safety, Kennametal and its foundation invest in
technical education, industrial technologies and material science to deliver
the promise of progress and economic prosperity to people everywhere. For more
information, visit the company's website at www.kennametal.com.
SOURCE Kennametal Inc.
Contact: Christina Sutter, +1-724-539-5708
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