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August 14, 2014
09:23 EDTKMTKennametal reports July period consolidated orders up 17%
Kennametal provided orders for the 3 months ended July 31. Consolidated orders were 17% higher year-over-year, which primarily reflected acquisition growth related to the Tungsten Materials Business. On an organic basis, orders increased 5% from the prior year period. "In July, Kennametalís order rates reflected continued growth year-over-year in most of its served end markets. Compared with the prior year, the Industrial segment reported ongoing demand in the tooling business, as well as higher activity levels related to its WIDIA products in the distribution channels. Order rates for the Infrastructure segment were at a relatively similar level year-over-year. Oil and gas orders activity continued to improve; however, it was largely offset by a decrease in the earthworks business from lower production levels in underground mining markets," the company said.
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September 15, 2014
08:38 EDTKMTKennametal reports consolidated orders for 3 months end August up 16%
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September 10, 2014
07:49 EDTKMTLongbow to hold a conference
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