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Kennametal CEO says there are no 'sacred cows' in restructuring

2015-01-29 19:33:27| Industrial Machines - Topix.net

In his first conference call as president and CEO of Kennametal Inc. , Don Nolan said the company is taking immediate steps to develop a new game plan. After only 74 days at the helm, Nolan said Kennametal is entering the second phase of a far-reaching restructuring program and is in the process of reviewing strategies that will streamline the company's manufacturing footprint, reduce general and administrative costs, and enable organic growth.

Tags: ceo sacred restructuring cows

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