PRZOOM - /newswire/ -
Latrobe, PA, United States, 2010/10/21 - Krummenauer (Neunkirchen, Germany), has appointed Kennametal (Latrobe, Pennsylvania) its exclusive distributor in North and Latin America, effective immediately (NYSE: KMT). NYSE: KMT
Krummenauer, a leading manufacturer of longwall shearer and proprietary high-performance cutting drums used in longwall mining, has appointed Kennametal its exclusive distributor in North and Latin America, effective immediately.
According to the agreement, Kennametal will also distribute Krummenauer products in Northern Europe (UK, Ireland, and Scandinavia), India and Pakistan, and Australia/New Zealand. The two companies also operate joint but non-exclusive sales and distribution efforts in Russia, China, and Mongolia.
Founded in 1925, Krummenauer designs and manufactures shearer drums and cutting systems, including proprietary globoid cutting drums. Krummenauer globoid drums feature non-continuous gear threads and half-round gear profiles, exhibiting increased loading volumes compared to standard cylinder drums.
In addition to optimized loading capabilities, Krummenauer globoid drums are said to help increase coal lump size and decrease fines and respirable dust. Optimized loading also aids in reducing power consumption of longwall mining machines, further cutting production costs. Drums can be fitted with the highly successful Kennametal K225 block, or the proprietary EB water-spray system. The EB water-spray system meets established safety and dust-reduction standards.
With world headquarters in Latrobe, Pennsylvania, Kennametal Inc. is the leading global supplier of tooling and associated engineering services for successful underground mining. Kennametal is also a major tooling and systems supplier for surface mining and road-construction and road-rehabilitation projects. As a pioneering supplier of carbide tooling for mining, which led directly to the development of the continuous mining machine, mining and roadbuilding companies around the world are assured the most technologically advanced tools, tooling systems, and engineering services designed around maximizing their productivity and addressing their specific mining conditions.
Kennametal can supply complete cutting systems or separate conical tools, bushings, sleeves, and blocks, so customers can assemble the best possible cutting system for their needs. With specific tip diameters, nose geometries, and gauges, Kennametal tools can be applied in light, medium, heavy, and severe cutting conditions.
Kennametal, Inc. (kennametal.com) 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. Its 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.