Kennametal Inc. announced on June 6, 2025, that it has completed the sale of its subsidiary, Kennametal Stellite, L.P., located in Goshen, Indiana. The subsidiary, which operates in the surface coating and welding products markets within Kennametal's Infrastructure segment, was sold to a Chicago-based private equity firm. Kennametal received $19 million from the transaction, with the proceeds intended for general corporate purposes. The company highlighted this sale as a strategic move to enhance its sales mix and focus on long-term priorities.
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