Kennametal says restructuring actions on track

Kennametal provides update on previously announced restructuring actions.kennametal inc - fy20 restructuring actions on track.kennametal inc - fy21 restructuring actions savings on track with lower estimated pre-tax charges.kennametal inc - expects to deliver fy21 restructuring actions with lower estimated pre-tax charges of about $55 to $65 million.kennametal - significant reduction in labor will take place as products are moved to other lower-cost kennametal facilities.kennametal inc - agreement between co, essen employee representatives is effective through june 30, 2022.kennametal - co is also evaluating acceleration of other facility closures as part of these restructuring activities.kennametal - following negotiations, co has agreed to downsize essen, germany facility instead of previously proposed closure.
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