PITTSBURGH, Feb. 12, 2018 /PRNewswire/ -- Kennametal
Inc. (NYSE: KMT) announced today that is has been recognized by the
Ethisphere Institute, a global leader in defining and advancing the
standards of ethical business practices, as one of the 2018 World's
Most Ethical Companies.
"For nearly 80 years, Kennametal has been an organization built
on trust - trust among our employees, customers and all
stakeholders invested in our business," said Kennametal Vice
President, Secretary and General Counsel Michelle Keating. "Maintaining strong ethics and
integrity has always been a part of our culture and will continue
to be a key ingredient in the long-term success of our
organization."
Kennametal has been recognized seven consecutive years and is
one of only two honorees in the machine tool and accessories
industry, underscoring the company's commitment to leading with
integrity and prioritizing ethical business practices.
"While the discourse around the world changed profoundly in
2017, a stronger voice emerged. Global corporations operating with
a common rule of law are now society's strongest force to improve
the human condition. This year we saw companies increasingly
finding their voice. The World's Most Ethical Companies in
particular continued to show exemplary leadership," commented
Ethisphere's CEO, Timothy Erblich.
"I congratulate everyone at Kennametal for being recognized again
as one of the World's Most Ethical Companies."
Kennametal will accept the 2018 World's Most Ethical Companies
award at Ethisphere's Annual Gala Dinner on March 13 in New York
City.
About Kennametal
Celebrating its
80th year as an industrial technology leader, Kennametal
Inc. delivers productivity to customers through materials science,
tooling and wear-resistant solutions. Customers across aerospace,
earthworks, energy, general engineering and transportation turn to
Kennametal to help them manufacture with precision and efficiency.
Every day approximately 11,000 employees are helping customers in
more than 60 countries stay competitive. Kennametal generated
nearly $2.1 billion in revenues in
fiscal 2017. Learn more at www.kennametal.com.
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SOURCE Kennametal Inc.