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Industrial Analytical Instrumentation

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Machine tools and general engineering

Kennametal named one of the worlds most
ethical companies for fifth consecutive year

Kennametal Inc. (NYSE: KMT) has been recognized as one of 2016´s World´s Most Ethical Companies by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices.This marks the fifth consecutive year that Kennametal has received the World´s Most Ethical Companies distinction, which recognizes organizations that excel in three areas - promoting ethical business standards and practices internally, enabling managers and employees to make good choices and shaping future industry standards by introducing tomorrow´s best practices today.

"At Kennametal, ethics and integrity make up the foundation of our culture and are a crucial part of our business success,» said President and CEO Ron De Feo. »It is thanks to our 12,000 team members worldwide that we have been awarded this honor for the fifth year in a row. Their unwavering commitment to operating with the highest ethical standards has always been at the core of Kennametal´s success, and is essential to our future."

Kennametal is one of only two companies in the machine tools and accessories category honored this year.

"Companies rely on Ethisphere to continually raise and measure the standards of corporate behavior. Those that demonstrate leadership in areas like citizenship, integrity and transparency create more value for their investors, communities, customers and employees, thus solidifying a sustainable business advantage," explained Ethisphere´s Chief Executive Officer, Timothy Erblich. "Congratulations to everyone at Kennametal for being recognized as a World's Most Ethical Company."

Kennametal accepted the 2016 Worlds Most Ethical Companies award at Ethisphere's Annual Gala Dinner on March 8 in New York City

See more at: http://www.kennametal.com/en/about-us/news/kennametal-worlds-most-ethical-companies-5th-year.html#sthash.yVGTqBF7.dpuf

Kennametal in profile
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.

For further information, view website: www.kennametal.com 
Refer to page 918

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