LATROBE, Pa., Sept. 10, 2013 /PRNewswire/ — Kennametal Inc. (NYSE: KMT) announced today that the company has been named to the 2013 InformationWeek 500 list of the top information technology innovators in the U.S.
Celebrating its 75th year as an industrial technology leader, Kennametal Inc. delivers productivity to customers seeking peak performance in demanding environments. The company provides innovative wear-resistant products, application engineering and services backed by advanced material science, serving customers in 60 countries across diverse sectors of aerospace, earthworks, energy, industrial production, transportation and infrastructure. With approximately 13,000 employees and nearly $3 billion in sales, the company realizes half of its revenue from outside North America, and 40% globally from innovations introduced in the past five years. Recognized among the “World’s Most Ethical Companies” (Ethisphere); “Outstanding Corporate Innovator” (Product Development Management Association); and “America’s Safest Companies” (EHS Today) with a focus on 100% safety, Kennametal and its foundation invest in technical education, industrial technologies and material science to deliver the promise of progress and economic prosperity to people everywhere
Building on last year’s recognition for its aggressive 15-month global implementation of SAP 6.0, Kennametal this year received recognition for its global implementation of SAP Product Life Cycle Management (PLM) — a core differentiating business process that captures, retains and transfers critical company knowledge to optimize product life-cycle management, supporting the company’s industry-leading performance achieving 40 percent of annual sales from innovative new products.
This marks the second consecutive year that Kennametal has been selected among the nation’s most innovative technology users.
