TribLIVE

| Home


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

Kennametal invests in tungsten supply strategy

About Alex Nixon

KMT $34.98 -$0.07

at close on THURSDAY

Daily Photo Galleries


By Alex Nixon

Published: 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.

 

 

 
 


Show commenting policy

Most-Read Stories

  1. Pirates trade for Mets 1B Davis
  2. Pirates notebook: Players show support for Franklin Regional
  3. Crews search for Latrobe woman in Linn Run State Park
  4. Man found fatally shot in Larimer a mile away from Homewood peace march
  5. Water main break leaves 25 without water in Bethel Park
  6. Penguins notebook: Third line has right mix
  7. Pittsburgh-area students on the hunt for the perfect prom dress
  8. Brentwood police searching for gunmen who robbed First National Bank
  9. Pirates Charities 50/50 raffle to benefit We Are FR Fund
  10. Fire destroys Eau Claire market, no injuries reported
  11. Obama administration delays decision on Keystone XL pipeline
Subscribe today! Click here for our subscription offers.