User:Ms261001/sandbox
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| Company type | Private |
|---|---|
| Industry | Industrial Hard Materials |
| Founded | 2018 |
| Headquarters | Worthington, Ohio |
Key people | Ron Voigt, President and CEO |
| Products | carbide powder, carbide rods, cutting inserts, diamond grit, can tooling, rotary cutters, carbide rolls, carbide wear parts |
Number of employees | approximately 2,000 worldwide |
| Website | www.hyperionmt.com |
Hyperion Materials & Technologies is an American manufacturer and supplier of industrial tool components, primarily manufactured from cemented carbide, cubic boron nitride and synthetic diamond. It was founded as a stand-alone company in 2018 but has a long history stemming from General Electric's Super Abrasives Business and Sandvik's Hyperion hard materials business[1]. The company is owned by the private equity firm KKR[2].
tooling and industrial materials founded in 1938 by Philip M. McKenna in the Latrobe, Pennsylvania area.[3]
Production
[edit]Kennametal products:[4]
- Blades, disks, skins, fuel control systems, and landing gear for the aerospace industry
- Synthetic fertilizers for agriculture
- Camshafts, crankshafts, cylinder heads, rotors, calipers and differentials for automobiles
- Roofing and abrasives for home construction
- Asphalt, stabilization tools, and tunneling equipment for road construction
- Woodworking tools
- Machining industries:
- Machine tools: Machining centers, turning centers (CNC lathes), automatic lathes (screw machines)
- Tooling for machine tools:
- Indexable toolholders, collets
- fixtures
- cutting tools (via WIDIA Products Group, a consolidation of various brands in this industry): inserts, tool bits, milling cutters, taps and dies, metal sawing cutters and tooling
- Mining equipment
- Abrasives and flow control for the oil industry
- Generating equipment for electric power plants
- Fluids for the paper industry
- Wheels and axles for rail transport
- Custom engineering
Brands
[edit]
In 2009, Kennametal announced that they migrated all its current brands into two distinct portfolios: WIDIA Products Group and Kennametal Products Group.[5]
WIDIA Products Group
[edit]On August 30, 2002 Kennametal completed acquisition of Widia Group from Miacron Inc. for 188 million Euros in cash.[6] This group markets four brands WIDIA, Hanita, WIDIA GTD, and Shinki.[7] The GTD stands for Greenfield Tap & Die and was initially formed in 1912.[8]
Kennametal Products Group
[edit]Kennametal Products Group provides metalworking tools, metal powders, and wear-resistant coatings such as Conforma-Clad and Stellite.[9]
See also
[edit]
References
[edit]- ^ Huller, Kristi. "KKR to Acquire Hyperion from Sandvik". Business Wire. KKR Industrials. Retrieved 18 July 2022.
- ^ Oguh, Chibuike. "KKR hires ex-Danaher executive for industrial deals". Rueters. Retrieved 18 July 2022.
- ^ "About Us". www.kennametal.com. Archived from the original on 2015-12-15.
- ^ "Products". www.kennametal.com. Archived from the original on 2015-11-21. Retrieved 2015-11-21.
- ^ "Kennametal Launches WIDIA Products Group". www.kennametal.com. Retrieved 2022-04-16.
- ^ "Kennametal Announces Completion of Widia Acquisition | Kennametal Inc". investors.kennametal.com. Retrieved 2022-04-16.
- ^ "Services". www.widia.com. Retrieved 2022-04-16.
- ^ "WIDIA GTD". www.widia.com. Retrieved 2022-04-16.
- ^ "Products". www.kennametal.com. Retrieved 2022-04-16.
External links
[edit]
Category:American companies established in 1938 Category:Companies listed on the New York Stock Exchange Category:Companies based in Westmoreland County, Pennsylvania Category:Latrobe, Pennsylvania Category:1938 establishments in Pennsylvania Category:Companies listed on the Bombay Stock Exchange
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