Kennametal Resumes Operations at Tornado-Damaged Facility in Arkansas [Yahoo! Finance]
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Kennametal Inc. (KMT)
Last kennametal inc. earnings: 2/3 04:01 pm
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US:NYSE Investor Relations:
kennametal.gcs-web.com/investor-overview
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Source: Yahoo! Finance
The facility has been shut down since May 26, 2024, when it sustained damage from a tornado that left the town "unrecognizable." According to new President and CEO Sanjay Chowbey, Kennametal's staff "worked around the clock" to make sure the plant could safely restart while meeting customer expectations. Chowbey said the restart is a "testament to the great teamwork of our local team and the tremendous support and coordination of expert resources across the entire organization." Chowbey took over the leadership role effective June, 1. As the facility comes back online, Kennametal is still working with its insurance carrier to assess the financial effects of the storm. Most Read on IEN: Toyota Subsidiary to Close its Largest U.S. Plant, Cut 1,300 Jobs JCB Begins Work on $500 Million Factory in Texas How Drinking Coffee Can Help Solve Manufacturing's Labor Crisis Two-Story Home Built in Eight Hours When the tornado struck, the factory was shut down for the Memorial Day w
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KMT
News
- Kennametal Inc. (NYSE: KMT) had its price target lowered by analysts at Loop Capital from $24.00 to $22.00. They now have a "hold" rating on the stock.MarketBeat
- Kennametal Seems To Be Going Nowhere Fast [Seeking Alpha]Seeking Alpha
- Kennametal Provides Update on Arkansas Facility Damaged by Tornado [Yahoo! Finance]Yahoo! Finance
- Kennametal Provides Update on Arkansas Facility Damaged by TornadoPR Newswire
- Kennametal (KMT) Down 4.7% Since Last Earnings Report: Can It Rebound? [Yahoo! Finance]Yahoo! Finance
KMT
Earnings
- 5/8/24 - Miss
KMT
Sec Filings
- 6/14/24 - Form 4
- 6/13/24 - Form 144
- 6/11/24 - Form 4
- KMT's page on the SEC website