TribLIVE

| Home


Weather Forecast
 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Kennametal invests in tungsten supply strategy

KMT $34.98 -$0.07

at close on THURSDAY

Daily Photo Galleries

Thursday, Nov. 15, 2012, 4:36 p.m.
 

Kennametal Inc. said it is evaluating plans and potential locations for an advanced carbide recycling facility in the United States to serve global markets.

The Unity-based tooling company also will expand a tungsten-cobalt blended powder operation at its existing facility in Tianjin, China, to serve the Asia-Pacific region.

The two projects were described by Kennametal as “multiyear” plans to diversify the company's tungsten supply, reduce costs, improve access to raw materials, and support a plan to get one-third of revenue each from North America, Europe and Asia and the rest of the world.

Add Alex Nixon to your Google+ circles.

 

 

 
 


Show commenting policy

Most-Read Stories

  1. Despres is relishing his regular role on Penguins’ blue line
  2. Spokesman for India’s PM tells Pitt audience of pro-business agenda
  3. Retirement planning is about more than just money
  4. WVU assistant Bradley can relate to Jayhawks interim coach
  5. Hotel still a possibility for August Wilson Center
  6. Steelers’ Tomlin does not like his coaching style to be characterized
  7. NK grocery store robbed
  8. WCVI owner: Building not that bad
  9. Program helping Armstrong jail inmates earn GED diplomas
  10. Hospitals, doctors in Pa. received $32M in 5 months from drug, medical device companies
  11. York Avenue Bridge could remain 1 lane for 3-5 years
Subscribe today! Click here for our subscription offers.