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Kennametal breaks ground
for new Chinese manufacturing plant
News Archives - Design and construction of the new
Kennametal manufacturing plant are underway located at the Tianjin Economic
Development Area in China
LATROBE, Penn., (USA) - March 16, 2005 - Jobwerx News -
Kennametal Inc., headquartered in western Pennsylvania in the USA, has
broken ground for a new plant located in the Tianjin Economic Development
Area (TEDA). The facility, initially sized at 15,000 square meters,
will employ some 200 people in manufacturing, and advanced engineering
and design activities. This facility could grow to 35,000 square meters
and employment could reach 400 people. Estimated investment in this
new plant will be between 30 to 40 million USD, which is in addition
to the approximately $35 million US that Kennametal has already invested
in its China business.
Utilizing state of the art equipment, advance engineering and design,
Kennametal expects to begin serving customers from the new plant by
mid-2006.
Tooling Solutions, Engineered Components and Services, Advanced Engineering
and Design
The company provides a broad range of technologically advanced tools,
tooling systems, engineered components and services and is well positioned
in this rapidly expanding market.
Kennametal began operations in China in 1991 via a wholly owned foreign
Beijing company now named the Kennametal Xuzhou Co. Ltd. In the past
fourteen years, Kennametal has established Kennametal Ltd., a manufacturing
plant in Jinqiao Export Processing Zone in Pudong, Shanghai, and completed
the purchase of what is now Kennametal Hardpoint Inc. It is from this
center that Kennametal offers world-class products, engineering, design
services and training activities to a broad customer base in China.
Kennametal had annual sales in China of $50 million US, with more than
400 employees serving customers in many market segments, including automotive,
aerospace, heavy industry, electronics, and mining and construction.
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