LATROBE, Pa., March 8, 2011 /PRNewswire/ -- Kennametal Inc. announced today that it raised more than $570,000 in support of the United Way and its agencies during the company's 2010 United Way Campaign.
Of the total, $328,488 was pledged by more than 900 employees throughout Kennametal facilities nationwide. More than $146,000 was raised through Kennametal's annual Strategic Supplier Golf Outing and other special events, and $40,000 was contributed by the Kennametal Foundation. A donation of $56,191 from the Richard King Mellon Foundation Matching Program brought the final total to more than $570,000.
Kennametal's fundraising efforts will benefit United Way agencies throughout the United States where the company's employees work and live.
"Giving back to the communities where we work and live is an important part of the culture at Kennametal," said Chairman, President and CEO Carlos Cardoso. "We are always proud to assist the United Way, which performs so much good work in these communities, and proud of our employees for showing such commitment to neighbors who may be in need."
Kennametal Inc. delivers productivity to customers seeking peak performance in demanding environments by providing innovative custom and standard wear-resistant solutions. This proven productivity is enabled through our advanced materials sciences and application knowledge. Our commitment to a sustainable environment provides additional value to our customers. Companies operating in everything from airframes to coal mining, from engines to oil wells and from turbochargers to construction recognize Kennametal for extraordinary contributions to their value chains. In fiscal year 2010, customers bought approximately $1.9 billion of Kennametal products and services – delivered by our approximately 11,000 talented employees doing business in more than 60 countries – with more than 50 percent of these revenues coming from outside North America. Visit us at www.kennametal.com.
SOURCE Kennametal Inc.