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. Penguins notebook: No discipline for Capitals’ Wilson
  2. Ruling favors Vikings’ Peterson, sets up reinstatement
  3. Shoulder injury sidelines top-seeded 126-pounder at WPIAL wrestling tournament
  4. Pennsylvania House passes liquor system privatization bill
  5. Rossi: Winnik nice, but not enough for Penguins
  6. Bettman `intrigued’ by possible outdoor game at Beaver Stadium
  7. Previously convicted of embezzlement, Mt. Pleasant postal worker accused of mail theft
  8. Woman charged for holding teen drinking party after video found at Penn-Trafford
  9. Pirates willing to consider high salary to keep star McCutchen
  10. Ukrainian sides pull heavy weapons from front in 11th-hour effort to comply with Minsk agreement
  11. Federal grand jury indicts chief operations manager for Pittsburgh office of Horizons Hospice