LATROBE, PENNSYLVANIA – Kennametal Inc. has completed the previously announced acquisition of the assets of Tricon Metals & Services, Inc. The business will now be known as Kennametal Tricon Metals & Services and will be part of Kennametal's Advanced Materials Solutions Group (AMSG) business.

Founded in 1968, Tricon Metals & Services is among the nation’s leading suppliers of proprietary abrasion-resistant plate materials, alloy shafting, and specialty steels for the surface and underground mining markets, including coal, hard rock, and oil sands. A complete service center, it provides material processing, custom fabrications, and technical services, with corporate headquarters in Birmingham, Alabama, and branches in Chicago, Illinois, and Elko, Nevada. Known as the gold standard for consumable parts and customer service, Tricon products include wear plates, wear pins, shafting, and custom-fabricated replacement components.

"Tricon's application expertise and quick response to customer needs provide exceptional value in demanding environments," commented Gary Weismann, Kennametal Vice President and President of Kennametal's Advanced Materials Solutions Group. "It also provides us an opportunity to leverage our presence in emerging markets, positioning us to further achieve geographic balance. Tricon's leadership position in surface mining, coupled with Kennametal's strength in underground mining, provides a strong basis for capitalizing on world-class technologies and capabilities to deliver continued value, service and solutions to our customers."

Founded in 1938 by metallurgist Philip M. McKenna, Kennametal Inc. is the undisputed global market leader in tools for the mining and road construction industries. Represented in more than 60 countries, Kennametal’s world headquarters are located in Latrobe, Pennsylvania, with additional facilities in Rogers, Arkansas, Fűrth, Germany, and Essen, Germany. Kennametal designs and builds cutter drums, toolholding systems, and a complete line of point-of-attack conical tools, sleeves, and blocks in a wide range of configurations. These include weld-on blocks and patented quick-change systems requiring no welding and, in certain applications, no bolts.

Kennametal Inc., Latrobe, PA; 800.446.7738