Kennametal Recognized for Innovation, 30-Year Collaboration with BMW
Kennametal Inc announced that the company was among three suppliers recognized at the 2014 BMW Supplier Innovation Awards in the productivity category.
Kennametal, the only tooling supplier to be nominated for the award, also was recognized for more than 30 years of partnership with BMW. Among reasons BMW cited for the honor was innovative new tooling that increased productivity in the manufacture of engine blocks at BMW’s Steyr, Austria production facility. Kennametal devotes an engineered solutions team to collaborate with BMW on such productivity-enhancing refinements.
“We are honored to have been recognized among more than 200 suppliers at BMW’s supplier awards,” said Gérald Goubau, vice president and general manager of Kennametal’s tooling business. “It is a great affirmation and reminder of our mission to provide innovation that customers value; something we strive to do every day.”
The BMW Group considers innovation the foundation of a company’s economic success and future competitiveness. The only way to master the challenges ahead for the automobile industry is through a high level of creativity and inventiveness. The BMW Group therefore recognizes its most innovative suppliers as key partners who play a crucial role in the successful implementation of new developments. The Supplier Innovation Award is designed to pay tribute to their achievements.
