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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

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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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