Kennametal India Ltd.
Sales (2007-2008) = 430 crores (rounded off)
Net profit after tax = 55 crores (rounded off)
CSR Budget: Not available
Karmayog 2008 CSR Rating: 1/5
CSR activities:
Around the world there are many cities and towns Kennametal calls home. These wonderful places are also home to our thousands of employees. At Kennametal, we take great pride in supporting these communities, and helping to make them vibrant, enjoyable places to live and work. The Kennametal Foundation is one of the ways we do this, as is our exceptional relationship with the United Way.
Kennametal Foundation
The Kennametal Foundation makes monetary grants to qualified organizations in or near communities in which Kennametal facilities are located. These grants are focused on providing post-secondary educational opportunities, healthcare, and related issues. Because of these grants, the Foundation is an important part our commitment to supporting our employees, their neighbors, and their neighborhoods.
Grants for post-secondary education are focused on studies in the areas of technical engineering, machine skill training and environmental sciences. Some recipients attend class at the Kennametal Center for Operational Excellence at Saint Vincent College, Latrobe, Pa., or enter the National Tooling and Machining Association�s National Apprentice Competition.
Grants for health and related issues sometimes involve national organizations, such as the United Way or the American Cancer Society. Local causes such as the University of Pittsburgh’s Hillman Cancer Center have also benefited.
United Way
Kennametal is proud of our long tradition of supporting communities and partnering with non-profit organizations to address the important needs of our local communities. The United Way one of our most important partners in helping us reach this goal.
A national organization with ties to every city and town, the United Way makes it possible for Kennametal and its employees to give back all year long. The donations we make stay right in each local community and are disbursed to the charities and non-profit organizations that are helping our own friends and neighbors.
Kennametal has enjoyed a long and mutually beneficial relationship with the United Way. We help them help those who need it most. And they in turn help us know we�re making a positive impact on the places we live.
Source: www.kennametal.com/en-US/company_profile/in_the_community.jhtml
Contact Information:
Kennametal India Ltd.
8/9th Mile, Tumkur Road
Bangalore-560073
Karnataka, India
Phone : 80 28394321
Fax : 80 28391312
E-mail : mailto:bangalore.information@kennametal.com?cc=info@karmayog.org
Website : http://www.kennametal.com/
Industry Sector: Machine Tools – Tungsten carbide
Products / Services: The Company’s principal activities are to manufacture hard metal products and machine tools.
Other locations of factories / offices:
Plants in Andhra Pradesh (Medak)
Previous year�s CSR activities& rating:
www.karmayog.org/csr500companies/csr500companies_8300.htm