Kennametal Launches WIDIA Products Group
13 October 2009 - 12:00AM
PR Newswire (US)
Continues to Deliver on Brand Strategy LATROBE, Pa., Oct. 12
/PRNewswire-FirstCall/ -- Kennametal Inc. (NYSE: KMT) announced the
launch of the WIDIA Products Group at EMO Milano 2009, the flagship
metalworking show in Europe. Effective immediately, this
announcement completes the migration of all its current brands of
metalcutting tools and tooling systems into two distinct
portfolios: WIDIA Products Group and Kennametal Products Group. The
WIDIA Products Group will include WIDIA, Hanita(TM), Rubig(TM),
Manchester(TM), Clapp-DiCo(TM), Greenfield Tap & Die(TM), and
Circle(TM) brands all dual branded under the WIDIA name. This
announcement is part of the longer term multi-year brand/channel
strategy that has been under way to improve access to metalcutting
products and services to customers worldwide, focus the company's
engineering and marketing investments, decrease the number of stock
keeping units and build a robust distribution brand. Tooling
systems brands KM(TM) and Erickson(TM) will be available in both
Kennametal and WIDIA Products Groups. "This clear brand alignment
directs a powerful flow of innovation, products and services to
manufacturers worldwide," said Carlos M. Cardoso, Chairman,
President and Chief Executive Officer. "Metalcutting customers
benefit from a more streamlined organization, making it even easier
to do business with us as we provide one of the most innovative
bundle of products and services available to meet their needs." The
WIDIA and Kennametal Products Groups will be taken to market
separately. The WIDIA Products Group will be sold primarily through
distribution and selected direct accounts while the Kennametal
brand is positioned primarily as a direct brand that is also sold
through selected value-added resellers. Brands such as
Manchester(TM), Clapp-DiCo(TM), Circle(TM), and Rubig(TM), known
mainly in regional markets, will now be available around the world
as WIDIA-Manchester(TM), WIDIA-Circle(TM), etc., from WIDIA
distributors. For current WIDIA and Kennametal customers, catalog
numbers and tool markings will not change, but new eco-friendly
packaging, robust web site and new product catalogs will begin to
be implemented in phases beginning immediately. Customers of both
brands can continue to take advantage of custom solutions programs
for specialized applications. WIDIA's supply-chain services, for
example, can engineer cost-saving processes for tooling
availability, reduced setup times, and product tracking that can
further increase production capabilities and lower costs. Exclusive
online training programs are also available. WIDIA products and
services have defined innovation in the metalcutting industry for
more than 80 years -- from the world's first patent for carbide
indexable inserts to the development of the world's first coated
grades. The WIDIA brand offers a complete portfolio of
precision-engineered products and custom solution services. With
thousands of milling, turning, holemaking, and tooling systems
products available through a worldwide network of authorized
distributor partners, you'll find everything you need from one
single source. For more information, visit http://www.widia.com/.
DATASOURCE: Kennametal Inc. CONTACT: WIDIA Products Group,
+1-800-446-7738, or Investor Relations, Quynh McGuire,
+1-724-539-6559, or Media Relations, Joy Chandler, +1-724-539-4618
Web Site: http://www.kennametal.com/
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