StockNews.AI
KMT
StockNews.AI
19 hrs

Kennametal Recognized Among Top of Caterpillar's Indirect Suppliers for Second Consecutive Year

1. Kennametal recognized as a top indirect supplier by Caterpillar for two years. 2. The award reflects Kennametal's strong productivity and supplier relationships. 3. Kennametal supports Caterpillar's infrastructure and electrification projects globally. 4. The company aims to expand its global relationship with Caterpillar. 5. Kennametal generated $2 billion in revenues in fiscal 2025.

4m saved
Insight
Article

FAQ

Why Bullish?

Recognition by a major client like Caterpillar typically boosts investor confidence and stock value. Past examples show that supplier awards lead to increased orders and revenues.

How important is it?

Caterpillar is a significant customer for Kennametal. Recognition will likely drive demand and investor interest, impacting KMT’s market performance.

Why Long Term?

The ongoing relationship with Caterpillar can lead to sustained growth over years, especially as Caterpillar ramps up its infrastructure and electrification projects.

Related Companies

, /PRNewswire/ -- Kennametal Inc. (NYSE: KMT) announced today that it has been recognized for a second consecutive year as one of Caterpillar's top indirect suppliers.The award highlights Kennametal's contributions in metal cutting solutions, where the company has consistently delivered productivity, maintained strong supplier relationships and demonstrated excellence in communication and technical support. "As a supplier in Caterpillar's network, we know it's our role to keep their business and their customers running," said Keith Mudge, Vice President of Sales – Americas. "We're proud to be part of that mission and look forward to expanding our global relationship even further." The supplier recognition award is also a demonstration of Kennametal's alignment with Cat's strategic goals and our commitment to excellence in supporting Cat's infrastructure and electrification projects around the world including data centers, AI hubs, and other critical initiatives. About Kennametal With over 85 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling and wear-resistant solutions. Customers across aerospace and defense, earthworks, energy, general engineering and transportation turn to Kennametal to help them manufacture with precision and efficiency. Every day approximately 8,100 employees are helping customers in nearly 100 countries stay competitive. Kennametal generated $2 billion in revenues in fiscal 2025. Learn more at www.kennametal.com. Follow @Kennametal: Instagram, Facebook, LinkedIn and YouTube. SOURCE Kennametal Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News