Kennametal Inc., Latrobe, PA, has signed a product supply agreement with Kyocera Corporation, Kyoto, Japan. The agreement includes initiatives such as private labeling, cross-licensing and sales and marketing.
The agreement is global in scope and is designed to complement the suppliers’ existing product lines. Kennametal and Kyocera plan to grow sales of each others’ product lines worldwide. Each company will also continue to sell its own products through established channels.
This agreement will enable each company to leverage the strength of the other in different geographical regions,” said Yukihiro Takarabe, Kyocera Corporation executive officer and general manager of the Corporate Cutting Tool Group. “As Kyocera strives to expand its global footprint, …
