Kennametal Inc. (NYSE: KMT) announced today the election of Paul Sternlieb to its board of directors, effective January 1, 2023. Sternlieb is currently the President and CEO of Enerpac Tool Group, a premier industrial tools and services company.

Kennametal 3Q Organic Sales Continue to Slide, Margins Rise

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The company reported a decline in sales but improved margins, driven by cost initiatives and manufacturing credit despite ongoing market headwinds.

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