The 2020 Mid-Year Economic Update_long

Kennametal, Hagemeyer in Partnership

Kennametal has selected Hagemeyer North America as a strategic partner to promote the Cle-Line brand of maintenance, repair and operations (MRO) cutting tools in North America. This decision provides customers in every major market in Canada, the U.S. and Mexico with access to the Cle-Line brand.

Cle-Line brand cutting tools, which include drills, taps, and dies, are manufactured to meet the needs of a variety of MRO applications and are sold exclusively through industrial distributors. The Cle-Line brand is owned by Kennametal Inc.

Kennametal Inc. is a global supplier of tooling, engineered components, and advanced materials consumed in production processes. Key global markets include general engineering, aerospace, automotive, medical, energy, heavy equipment, road maintenance, and mining.

Hagemeyer North America, Inc. is distributor of products and services focusing on business-to-business markets in electrical, safety, and industrial products and services. With sales in excess of $1.5 billion, Hagemeyer North America employs 4900 associates at locations throughout Canada, Mexico, and the U.S. Hagemeyer North America is a wholly owned subsidiary of Hagemeyer N.V. in the Netherlands.

Related Links:
Kennametal Buys Canadian Cutting Tools Manufacturer
MSC to Buy Kennametal’s J& L Unit for $349 Million (Updated)

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