Under the financial crisis, the global economy is shrinking, but the impact of different regions is different. Europe and the Americas have relatively strong influences, while Asia, especially China, has limited impact. It is expected to get out of the crisis and maintain long-term development. trend. Therefore, Kenner has carried out corresponding downsizing measures in Europe and the United States, while its business in China has maintained its growth rate as originally planned. For example, expanding production capacity, improving local technology, setting up technology centers, and diversifying the variety of products produced locally. The development of the factory in China has also been carried out according to the original plan, and the current production capacity has reached three times the opening stage. The plant has the ability to complete the production process of cemented carbide products, and will continue to increase its investment in non-standard products, steel parts, tool holder systems, and rotating systems.
In recent years, Kenner has developed a modular system business and has developed in a number of industries, such as automobiles, aviation, and construction machinery. Although the automobile industry, which is one of the main businesses, has been greatly affected, the slowdown in October 2008 is very obvious, but the Chinese government’s 4 trillion large-scale investment and the benefits of revitalizing the logistics plan have already begun to show, the economy of March 2009 The data has bottomed out and it is expected that the growth rate of the business will return to the level of the first half of 2008 in the next two years. In 2009, Kenner will maintain its development in China with a cautious attitude and improve its technical capabilities to better serve its existing customers and enhance its competitiveness. In the existing sales channels of direct sales + agents, strengthen the channel construction of agents.
Kennametal's latest products and technologies at CIMT include the Beyond series, drill and modular technology, and KM tool clamping technology. The biggest feature of the Beyond series is the high-performance tool that represents the future trend. Using the most advanced technology to improve the efficiency of the tool and reduce the cost of the entire process will be the future cost concept. The manufacturing process uses the latest post-coating process to effectively extend tool life and significantly improve tooling efficiency. The new series of modular drills, KSEM Plus, is further optimized to extend the advantages of the previous generation of KSEM, enabling it to replace drills of different diameters and reduce tooling costs. At the end of December 2009, Kenner's KM tool clamping technology will become the ISO standard, and Kennametal will carry out KM introduction and KM tool new product promotion activities.
In recent years, Kenner has developed a modular system business and has developed in a number of industries, such as automobiles, aviation, and construction machinery. Although the automobile industry, which is one of the main businesses, has been greatly affected, the slowdown in October 2008 is very obvious, but the Chinese government’s 4 trillion large-scale investment and the benefits of revitalizing the logistics plan have already begun to show, the economy of March 2009 The data has bottomed out and it is expected that the growth rate of the business will return to the level of the first half of 2008 in the next two years. In 2009, Kenner will maintain its development in China with a cautious attitude and improve its technical capabilities to better serve its existing customers and enhance its competitiveness. In the existing sales channels of direct sales + agents, strengthen the channel construction of agents.
Kennametal's latest products and technologies at CIMT include the Beyond series, drill and modular technology, and KM tool clamping technology. The biggest feature of the Beyond series is the high-performance tool that represents the future trend. Using the most advanced technology to improve the efficiency of the tool and reduce the cost of the entire process will be the future cost concept. The manufacturing process uses the latest post-coating process to effectively extend tool life and significantly improve tooling efficiency. The new series of modular drills, KSEM Plus, is further optimized to extend the advantages of the previous generation of KSEM, enabling it to replace drills of different diameters and reduce tooling costs. At the end of December 2009, Kenner's KM tool clamping technology will become the ISO standard, and Kennametal will carry out KM introduction and KM tool new product promotion activities.
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