LATROBE, Pa. – Kennametal Inc. (NYSE: KMT) announced today that Vice President of Product Engineering Fred Patterson, representing a team of product and software engineers, will be honored with a 2014 Carnegie Science Award in the Advanced Manufacturing category at a ceremony on May 9. The award recognizes the Kennametal team for its vision in developing NOVO™, a groundbreaking on-demand digital system designed to optimize and streamline manufacturing processes for Kennametal customers. This marks the tenth time that Kennametal has been honored with a Carnegie Science Award for the company's forward motion and technological advancements.
NOVO™, a revolutionary solution that integrates the application engineering and production experience of Kennametal's 75-year history, is capable of providing users access to Kennametal's historical collective knowledge and more than 50,000 products. With a refined and intuitive tool advisor, selector and configurator, all aspects of the manufacturing process become more efficient - from parts quoting to programming, presetting and production.
In addition, NOVO™ helps to address the ever-widening skills gap in manufacturing by digitalizing experienced workers collective knowledge of best-in-class solutions and creating a community that is capable of harnessing ongoing expertise. This will allow inexperienced workers to quickly improve their skills by leveraging the knowledge of previous generations.
Carnegie Science Award winners exemplify the highest levels of success in STEM research and education. Established in 1997 by the Carnegie Science Center, the program aims to recognize and promote outstanding science and technology achievements in western Pennsylvania. Celebrating its 18(th) year, the Carnegie Science Awards have honored the accomplishments of more than 400 individuals and organizations that have improved lives through their commitment and contributions to science and technology.
Patterson, representing the Kennametal team will be honored during a formal celebration at Carnegie Music Hall on Friday, May 9, 2014 in Pittsburgh, Pennsylvania. This marks Patterson's second Carnegie Science Award. In 2007, he and others within Kennametal's Technology team received the Corporate Innovation Award for their stage gate new product development process.
About Carnegie Science Center
Carnegie Science Center is dedicated to inspiring learning and curiosity by connecting science and technology with everyday life. By making science both relevant and fun, the Science Center's goal is to increase science literacy in the region and motivate young people to seek careers in science and technology. One of the four Carnegie Museums of Pittsburgh, the Science Center is Pittsburgh's premier science exploration destination, reaching more than 700,000 people annually through its hands-on exhibits, camps, classes, and off-site education programs.
About Kennametal Inc.
Celebrating its 75(th) year as an industrial technology leader, Kennametal Inc. delivers productivity to customers seeking peak performance in demanding environments. The company provides innovative wear-resistant products, application engineering and services backed by advanced material science, serving customers in 60 countries across diverse sectors of aerospace, earthworks, energy, industrial production, transportation and infrastructure. With approximately 14,000 employees and nearly $3 billion in sales, the company realizes half of its revenue from outside North America, and 40% globally from innovations introduced in the past five years. Recognized among the "World's Most Ethical Companies" (Ethisphere); "Outstanding Corporate Innovator" (Product Development Management Association); and "America's Safest Companies" (EHS Today) with a focus on 100% safety, Kennametal and its foundation invest in technical education, industrial technologies and material science to deliver the promise of progress and economic prosperity to people everywhere. For more information, visit the company's website at www.kennametal.com.
Web Site: http://www.kennametal.com