TribLIVE

| Home


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Kennametal invests in tungsten supply strategy

On the Grid

From the shale fields to the cooling towers, Trib Total Media covers the energy industry in Western Pennsylvania and beyond. For the latest news and views on gas, coal, electricity and more, check out On the Grid today.

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.

Subscribe today! Click here for our subscription offers.

 

 

 
 


Show commenting policy

Most-Read Stories

  1. Jerome Bettis to be enshrined in hall of fame
  2. Tennessee quarterback Peterman considers transfer to Pitt
  3. Suggestions are aplenty on what Penguins need to break through
  4. Westmoreland museum spotlights artist John Kane’s late-in-life fame
  5. Pitt upsets No. 8 Notre Dame to snap losing streak
  6. Starkey: Pitt needs this version of James Robinson
  7. Gulls fleeing frozen Great Lakes fill skies over Pittsburgh’s Point
  8. City crews getting ready for winter storm expected Sunday, Monday
  9. Penguins minor league notebook: Rookie Wilson emerges as 3rd-line NHL prospect
  10. Familiar Downtown Pittsburgh presence lost arm, leg to train
  11. Rossi: History beckons for Seattle’s Seahawks