Deep Intelligence Across Industries

Company Headquarters: Minnesota, US Founded: 1935 Workforce: ~6,853 Company Working: The Toro Company designs, manufactures, and sells turf irrigation systems, lighting products, snow and ice management products, turf maintenance equipment, rental and specialty construction equipment, landscaping equipment and lighting products, and rental and specialty construction equipment. It offers its products under two business segments: professional and residential. The professional segment offers sports fields and grounds maintenance equipment, golf course mowing and maintenance equipment, landscape contractor mowing equipment, and landscape creation and renovation equipment. The company’s products are advertised and sold all over the world through a vast network of distributors, dealers, mass retailers, hardware retailers, and home centers, as well as online (direct to end-users). It offers its products and services under its Toro, Exmark, BOSS, Irritrol, Hayter, Pope, PERROT, Unique Lighting Systems, and Lawn-Boy trademarks, most of which are registered in the US and/or in the countries outside the US where the company markets its products. The Toro Company has manufacturing facilities located in the US, Mexico, Australia, the United Kingdom, Italy, Romania, Germany, Poland, and China.

Company Headquarters: Japan Founded: 1965 Workforce: ~1,34,171 Company Working: AISIN SEIKI Co., Ltd. (AISIN SEIKI) is a comprehensive auto parts manufacturer that offers a vast lineup of products covering almost all automotive components. The company operates through five major business segments, namely, powertrain, body, chassis & vehicle safety, energy & homes, and ICT & electronics. It offers products such as water & oil pumps, fan blades, fan clutch, hydraulic belt, clutch disc, flywheel damper, door frames, disc brakes, electric parking brakes, parking assist systems, and driver monitoring system. It has built a global supply framework with 150 production sites around the world. The company works closely with the world’s major automotive manufacturers to develop and supply products. AISIN SEIKI has its presence in countries such as the US, Mexico, Brazil, the UK, Germany, France, Japan, Thailand, India, and China. Some of the subsidiaries of the company are Advics Co., Ltd, Aisin Takaoka Co., Ltd, Aisin USA Mfg., Inc., Shiroki Corporation, and BluE Nexus Corporation.

Company Headquarters: France Founded: 1923 Workforce: ~ 109,900 Company Working: Valeo is a global automotive supplier and partner to manufacturers. As a technology company, it develops novel solutions for smart transportation, with a special emphasis on intuitive driving and lowering CO 2 emissions. The company supplies auto parts in four business segments: comfort and driving assistance, powertrain systems, thermal systems, and visibility systems. In comfort and driving, the firm creates technology aimed at more autonomous and automated driving experiences. The powertrain segment produces full electrification solutions for urban cars and hybridization systems for all vehicles. Within the thermal area, Valeo manufactures car HVAC systems, engine and battery temperature management devices, and air-quality control solutions. The visibility division is responsible for the production of interior and exterior car lights as well as windscreen wipers. Valeo's operational profits are distributed uniformly across all of its business sectors. It has 187 plants, 65 research and development centers, and 15 distribution platforms in 33 countries across the globe. The company has operations in the U.S, Europe, Asia, France, and Africa.

Company Headquarters: South Korea Founded: 1962 Workforce: ~13,000 Company Working: Mando Corp. is engaged in the production and sale of automotive components. It operates through four business segments, which are brake system, steering system, suspension system, and driver assistance system. The brake system segment comprises caliper brakes, master cylinder & booster, drum brake, electric parking brake, ABS, TCS, ESC, integrated dynamic brake, and premium stylish caliper. The suspension system segment includes damper spring modules, shock absorbers, suspension struts, self-levelers, and semi-active suspensions. Since 1997, the company has partnered with the Anand Group for the distribution of its ABS. Its steering systems comprise steering gear systems, steering columns, electric power steering systems, and intermediate shafts, among others. Mando Corp. has 20 manufacturing plants, seven sales offices, and seven vehicle test centers. Additionally, it has 16 R&D centers across China, India, the US, Sweden, Germany, South Korea, and New Zealand. Some of its major customers are General Motors, Ford Motor Corporation, Fiat Chrysler Corporation, Nissan Motors Company, Volkswagen AG, BMW AG, Suzuki Motor Corporation, and Hyundai Motor Group. The company has a brake manufacturing facility in South Korea.

ZF Friedrichshafen AG was founded in 1915 in Friedrichshafen, Germany, originally to supply transmissions for airships and later automobiles. Today it operates as a privately-held global technology company owned by the Zeppelin Foundation (93.8%) and the Dr. Jürgen and Irmgard Ulderup Foundation (6.2%), with no public equity listing. The company maintains more than 160 production locations across roughly 50 countries and employs approximately 168,000 people globally. Within the highway equipment and utility vehicles market, ZF's footprint spans commercial vehicle driveline systems, axle systems, steering, braking, and advanced driver assistance components supplied to truck OEMs, construction equipment manufacturers, agricultural machinery producers, and municipal utility vehicle builders worldwide. ZF's core portfolio for highway equipment and utility vehicles centers on automated manual transmissions (the TraXon and EcoLife series), axle systems for heavy trucks and off-highway machinery, independent front-axle steering systems, air disc brakes (the MAXX series), and electronic chassis control modules. The company also supplies complete driveline solutions for municipal vehicles such as refuse collection trucks and airport ground support equipment through its EcoLife fully automatic transmission platform. In the construction and agricultural segments, ZF provides powershift transmissions, torque converters, and axle drives for wheel loaders, graders, and telescopic handlers. This breadth of driveline and chassis technology positions ZF as one of the few suppliers capable of delivering integrated powertrain-to-wheel solutions for the full spectrum of commercial and off-highway utility vehicles. ZF's most consequential recent strategic move in this market was the acquisition of WABCO Holdings, completed in May 2020 for approximately $7 billion, which added advanced braking, stability control, and fleet telematics capabilities directly relevant to heavy highway equipment. The combined entity now markets integrated safety and efficiency systems under the ZF brand to truck and trailer manufacturers globally. ZF has also deepened its electrification push for commercial vehicles through its electric axle drive (AxTrax) and electric central drive (CeTrax) platforms, targeting urban utility vehicles and medium-duty trucks. Partnerships with truck OEMs including Daimler Truck and Traton Group have accelerated series production of electrified driveline components for highway and municipal applications. ZF supplies major truck and commercial vehicle OEMs including Daimler Truck, Volvo Group, Traton (MAN, Scania), PACCAR, and CNH Industrial across its transmission, axle, and braking product lines. In the municipal and utility vehicle segment, EcoLife automatic transmissions are specified by bus and refuse truck builders across Europe, North America, and Asia-Pacific.

Company Headquarters: Japan Founded: 1945 Workforce: ~ 12,804 Company Working: Toyo Tire Corp. manufactures and sells car tires, waterproof sheets, industrial rubber materials, polyurethane products, and seat cushions. It operates through the tire business, divertech business, and others segments. The tire business segment manufactures and sells tires and related equipment for trucks, buses, industrial vehicles, and passenger cars. The divertech segment produces insulators, waterproof sheets, transport equipment, and industrial and building materials. The others segment includes finance loans and purchasing credits to domestic affiliates and real estate businesses. The company operates in North America, Europe, and Japan.

Company Headquarters: Tokyo, Japan Founded: 1931 Workforce: ~1,42,700 Company Working: Bridgestone Corporation develops, manufactures, and markets tires and other related products. It has 180 production and research and development facilities in 25 countries and sells its products in more than 150 countries, worldwide. The company manufactures tires for passenger cars, 4x4 vehicles, trucks and buses, all types of commercial, construction, and off-road vehicles, tractors and agricultural machinery, motorcycles and scooters, motorsport vehicles, aircraft, and construction and mining vehicles, as well as tubes, wheels, and related accessories. Its tire segment includes various brands such as Dueler, Alenza, Ecopia, Potenza, Turanza, Firestone, Supercat, and Dayton. The green tires are available under its Ecopia segment. These tires are eco-friendly as they offer enhanced safety and higher fuel efficiency by reducing the rolling resistance. Ecopia also reduces the production of harmful carbon dioxide emissions, which contribute to global warming. The company has an extensive network of subsidiaries, which includes, Bridgestone Americas, Inc., Bridgestone Australia Ltd, Bridgestone Hispania, S.A., Bridgestone South Africa (Pty) Ltd, Bridgestone Tire Sales (Malaysia) Sdn. Bhd., and Bridgestone Retail Japan Co., Ltd.

Company Headquarters: Clermont-Ferrand, France Founded: 1889 Workforce: ~114,070 Company Working: Michelin is a global supplier and manufacturer of tires. It operates through 70 production facilities across 171 countries, worldwide. The products developed by the company are sold to commercial OEMs, off-highway vehicle manufacturers, and the aftermarket. It operates through three business segments, which are passenger car and light truck tires & related distribution, truck tires & related distribution, and specialty businesses. Michelin manufactures tires for cars, vans, trucks, buses, farm machinery, earthmovers, mining and handling equipment, tramways, metros, aircraft, motorcycles, scooters, and bicycles. It is highly focused on research and development activities, for which it invested USD 725 million in 2017. Michelin North America is one of the major subsidiaries of Michelin for the production of green tires. It operates through 19 plants in 16 locations, across the country, and employs 22,000 people. The company offers green tires that provide low rolling resistance and improved fuel efficiency for passenger cars and trucks. Some of the green tires produced by Michelin help save as much as 1 liter of fuel and 2.66 kilograms of CO2 per 100 kilometers, without compromising on tire durability.

Company Headquarters: Germany Founded: 1871 Workforce: 235,473 Company Working: Continental Corporation offers products and services for the automotive industry. The company develops intelligent technologies, products, and services for transporting people and their goods. Continental Corporation is divided into two groups, namely, automotive and rubber. The automotive group comprises three divisions—chassis & safety, interior, and powertrain. The tire and the ContiTech divisions fall under the rubber group. The powertrain division is divided into five business units, viz. engine systems, fuel and exhaust management, hybrid electric vehicles, sensors and actuators, and transmission. The company operates in 554 locations in 61 countries including China, Brazil, France, Germany, Canada, and the US.

Company Headquarters: Germany Founded: 2001 Workforce: ~600 Company Working: Trocellen GmbH (Trocellen) is one of the leading manufacturers of physically and chemically cross-linked polyolefin foams. It operates as the wholly owned subsidiary of Furukawa Electric Co., Ltd. It operates through the automotive, insulation, sports, leisure, and home, ProGame tatami, adhesive tapes, footwear, packaging, business solutions, and industrial foam business units. Engine encapsulations that are made from Trocellen polypropylene foam is used as acoustic absorbers in the engine compartment. The company has production plants in Germany, Italy, Spain, Hungary, and Malaysia.

Company Headquarters: Germany Founded: 1879 Workforce: ~10,393 Company Working: : ElringKlinger AG (ElringKlinger) is one of the leading OEMs and suppliers of plastic housing modules, transmissions, exhaust systems and underbody, exhaust gas purification technology, cylinder-head and specialty gaskets, shielding components for engines, as well as battery and fuel cell components. It operates through five business segments—original equipment, after market, engineered plastics, services, and industrial parks. It offers engine encapsulation under the original equipment segment. The company operates through 43 locations across the globe.ElringKlinger South Africa (Pty) Ltd, PT ElringKlinger Indonesia, HURO Supermold SRL, and Elring Parts Ltd are some of the subsidiaries of the company.

Company Headquarters: Switzerland Founded: 1901 Workforce: 1,3128 Company Working: Autoneum is a leading provider of acoustic and thermal management solutions for vehicles. The company manufactures lightweight and multifunctional components and systems for optimum noise and heat protection. It offers products for application in the engine bay, which includes engine encapsulations, hood liners, engine top covers, battery covers, and water box shields. The company also offers interior floor products including inner dashes, non-woven carpets, tufted carpets, spacers and crash pads, and floor insulators and mats. The company has 55 production facilities in 25 countries. Engine bay, interior floor, dampers and stiffeners, underbody systems, and heatshields are some of the major products of the company. Autoneum operates through four segments BG North America, BG Europe, BG Asia, and BG SAMEA, which includes South America, the Middle East, and Africa.

Company Headquarters: Germany Founded: 1969 Workforce: ~ 11,400 Company Working: Adler Pelzer Holding GmbH (Adler Pelzer) is one of the leading companies in the designing, engineering, and manufacturing of acoustic and thermal components and systems for the automotive industry. It operates as a wholly owned subsidiary of ADLER GROUP. Adler Pelzer offers engine, passenger, trunk, and exterior compartments. It also offers various materials, processes, and acoustics. The company has a presence in 21 countries with more than 60 manufacturing plants.

Company Headquarters: Germany Founded: 1822 Workforce: 10,929 Company Working: Röchling Group is one of the leading designers and manufacturers of components and system solutions in the fields of aerodynamics, drives, and new mobility. It operates through three divisions, namely, industrial, automotive, and medical. The automotive division has three business segments—aerodynamics, powertrain, and new mobility. Engine encapsulation is offered under the aerodynamics segment. The automotive division operates at 36 of the company’s 77 locations across the globe. Röchling Automotive USA LLP, Röchling Engineering Plastics SE & Co. KG, Röchling Industrie Verwaltung GmbH, and Röchling Automotive Germany SE & Co. KG are some of the subsidiaries of the company.

Company Headquarters: US Founded: 1855 Workforce: ~ 3,600 Company Working: Horizon Global Corporation (Horizon Global) is engaged in the business of designing and offering a wide range of products for the global automotive industry. The company operates through two business segments, namely, Horizon Americas and Horizon Europe-Africa. It offers various products such as trailers, tow bars, nudge bars, cargo, sports bars, side steps, cycle carriers, bumpers, and other related accessory products. The company offers its products and solutions through various brands, such as Draw-Tite, Reese, Fulton, Reese, Westfalia, and Tekonsha. The products offered by the company are served to its customers through multiple sales channels, including OEMs, retail, aftermarket, and e-commerce channels. Horizon Global Corporation has more than 25 manufacturing facilities located in 17 countries across the world. The company offers its tow bars products to a wide range of car manufacturers, including Ford Motor Company, Toyota, Volkswagen Group, BMW AG, Citroën, Fiat, Chrysler, and General Motors.

Company Headquarters: US Founded: 1989 Workforce: ~3,500 Company Working: TriMas Corporation (TriMas) manufactures and develops products for aerospace, consumer goods, and industrial markets globally. The company offers a wide range of products, which include dispensers, jar products, sprayers, fasteners, cylinders, and other products. It operates through three segments, namely, packaging, aerospace, and specialty products. The company offers a wide range of tow bars for all types of automotive through its subsidiary, Parkside Towbars. TriMas has 80 different facilities in more than ten countries across the Americas, Europe, and Asia-Pacific. TriMas Company LLC, Parkside Towbars, Rieke Corp, Norris Cylinder, and Arrow Engine Company are a few of its subsidiaries.

Company Headquarters: Belgium Founded: 1937 Workforce: ~ 1,555 Estimated Commercial Laundry Revenue- US$ 17.5 Mn Company Working: Jensen-Group is a manufacturer of industrial washing machines and a one-stop shop for laundry solutions. The company produces, develops, and forms specialized machines and laundry systems and serves various industries. The company offering includes technical consulting and individual planning, installation, and commissioning of the industrial laundry systems and for upgradation and modernizing existing washing lines. The company has 6 fully owned manufacturing sites that include China, Denmark, Germany, Sweden, and the USA. The company sells its products and services under the brand name JENSEN and Inwatec through wholly owned sales and service centers and independent authorized distributors worldwide. Furthermore, the company also has a distributor network in more than 50 countries. Jensen offers an extensive product portfolio encompassing a diverse range of offerings, including washroom technology, flatwork finishing technology, garment finishing technology, and mat technology etc. Jensen offers services like production support, service parts, training, design, financing, and installation. Owing to diverse range of products and services, revenue generated from commercial laundry segment is less as compared to other segments of Jensen Group.

Company Headquarters: Jiangxi Province, China Founded: 2004 Workforce: ~1,932 Company Working: Jiangsu Huahong Technology Co., Ltd manufactures processing equipment for recycling resources and leading enterprise in rare earth recycling. Currently, the company has eight wholly owned and holding subsidiaries, which includes Beijing Huahong Renewable Resources Utilization Co., Ltd, Ji'an Xintai Technology Co., Ltd, Donghai County Huahong Renewable Resources Co., Ltd, Qian'an Juli Renewable Resources Recycling Co., Ltd, and others. Ji'an Xintai Technology Co., Ltd has an annual output of 4,000 tons of rare earth oxides and 2,800 tons of rare earth permanent magnet materials. The market share of recycled materials is about 17.50. %. Xintai Technology is a high-tech enterprise that re-extracts rare earth recycled materials and turns waste into treasure.

Company Headquarters: Austria Founded: 1969 Workforce: ~3,415 Company Working: TGW LOGISTICS GROUP specializes in the design, manufacture, and distribution of dynamic and automated logistics solutions. It offers products under the storage solution, carton and tote conveyor system, unit load conveyor system, software, and robotics categories. It provides solutions under the flaskpick, omnipick, omnistore, and storage system categories. The group offers omnipick, as an automated overhead conveyor system for the retail industry. The product features artificial intelligence, machine learning, and smart robotics. Its products have applications in apparel, grocery, general merchandise, e-commerce & omni-channel, and third-party logistics. TGW LOGISTICS GROUP has been a subsidiary of TGW Future Private Foundation since 2004. It operates and manages its business through its sales office across Europe, North America, and Asia-Pacific. PUMA SE, Jack Wolfskin, Esprit Holdings Limited, and Musikhaus Thomann are a few key clients of the company.

Company Headquarters: Netherlands Founded: 1949 Workforce: ~6,500 Company Working: Vanderlande Industries specializes in manufacturing value-added logistic process automation for the airport, warehousing, and parcel applications. Additionally, it is one of the major manufacturers of process automation solutions for warehouses globally. The company offers conveyor systems for sequencing, transporting, sorting, and storing hanging goods. It also offers process automation conveyor systems for several end-use applications, including airports, warehouses, and parceling. The company has an in-house research and development department specifically for incorporating innovation in its parcel sorting systems. Vanderlande Industries caters to e-commerce players and distribution firms across the globe. Its systems are used in more than 600 airports worldwide. In 2017, Vanderlande Industries was acquired by Toyota Industries Corporation.

Company Headquarters: Japan Founded: 1937 Workforce: ~9,900 Company Working: Daifuku Co., Ltd (Daifuku) is one of the leading manufacturers of logistics systems and material handling equipment. It operates and manages its business through Daifuku Co. Ltd, Contec Co. Ltd, and Daifuku North America Holding Company along with subsidiaries and affiliates, such as Daifuku Plusmore Co. Ltd. Its product portfolio covers conveyor, transport, storage, sorting/picking, and control systems, material handling tools, and electronics/car wash machines. The company also offers services such as consulting, engineering, design, manufacture, installation, and after-sales to end users. Its products have applications in manufacturing, distribution, cleanrooms, automotive, and airports. Daifuku has a presence in nearly 26 countries across the Americas, Asia-Pacific, and Europe. It operates and distributes its products through subsidiaries and authorized distributors in the global market.

Company Headquarters: Japan Founded: 1948 Workforce: ~42,289 Company Working: Alps Alpine Co., Ltd. (Alps Alpine) is engaged in manufacturing and selling electronic components and devices. It operates through three business segments, which are electronic components, automotive infotainment, and logistics and others. Its products include sensors, switches, encoders, potentiometers, connectors, communication modules, current sensors, actuators, printers, and energy harvesters. The automotive infotainment segment covers keyless entry systems, power window switches, electronic parking brake (EPBs), steering wheel modules, Bluetooth/Wi-Fi combination modules, throttle position sensors, EGR valve sensors, and encoders. It manufactures the HUDs through a joint venture with Konica Minolta, Inc. The company has 21 manufacturing plants, of which seven are in Japan and 14 outside Japan. It also has 52 sales offices in 16 countries across North America, Asia-Pacific, and Europe. Cirque Corporation, Greina Technologies, Inc., Alpine Electronics, Alps System Integration Co., Ltd., and Alpine Electronics of America, Inc. are some of the subsidiaries of the company.

Company Headquarters: Japan Founded: 1946 Workforce: ~13,927 Company Working: Nippon Seiki Co., Ltd. (Nippon Seiki) is engaged in manufacturing and selling automobile and motorcycle instruments. It operates through the automotive and general-purpose instruments, consumer products, car sales, and others segments. The automotive and general-purpose instruments segment covers gauges for four-wheel vehicles and motorcycles, head-up displays, and sensors. The consumer products segment is involved in manufacturing and selling information equipment operation panels, air conditioning and housing equipment controllers, amusement unit ASSY, and high-density board EMS. The car sales segment sells used and new cars and offers vehicle inspection and maintenance. The others segment comprises its display business, cargo transportation, development and sale of software, contract calculation, and resin material processing. Nippon Seiki's product portfolio includes liquid display panels and modules, consumer-use products, and other products. Kawasaki Heavy Industries, Ltd., Jaguar Land Rover, Suzuki Motor Corporation, General Motors Company, Nissan Motor Co., Ltd, Honda Motor Co., Ltd., Mazda Motor Corporation, Mitsubishi Motors, Yamaha Motor Co., Ltd, and BMW AG are some of the customers of the company in the global automotive head up display (HUD) market.

Company Headquarters: Tokyo, Japan Founded: 1938 Workforce: ~ 10,283 Company Working: Pioneer Corporation (Pioneer) designs, manufactures, and sells automobile electronics and other products. Car navigation systems, car speakers, dashcams, car audio/video systems, optical disc-related products, organic light emitting diode (OLED) displays, electronic devices and parts comprise the company's product portfolio. It provides high-quality navigation systems, speakers, and audio/video systems to automobiles and serves a variety of automakers around the world. It provides computers with high-precision reading and writing Blu-ray/DVD drives. The company provides Vehicle Assist service, which connects to navigation systems and dash cameras in commercial fleets of vehicles, as well as advanced fleet management, such as vehicle tracking and dispatching and driver behavior monitoring. Pioneer owns and operates a plant in Japan. The corporation has operations in the Americas, Europe, the Middle East, Africa, and Asia.

Company Headquarters: Japan Founded: 1941 Workforce: ~306,118 Company Working: Yazaki Corporation is engaged in designing, manufacturing, and selling automotive electronic products. Its product portfolio includes wire harnesses, meters, electronic components, instrument clusters, HUDs, and safety warning devices. The company also offers gas equipment, air conditioning equipment, solar equipment, and charging connectors. It has 596 manufacturing plants and sales offices in 46 countries across the world, including the US, Spain, Germany, Mexico, New Zealand, Italy, Singapore, Turkey, France, Morocco, Poland, South Korea, Brazil, and India. Yazaki Parts Co., Ltd., Yazaki Energy System Corporation, Yazaki Meter Co., Ltd., Yazaki Systems Technologies GmbH, Thai Arrow Products Co., Ltd., and Yazaki Electronic Wire Corporation are some of the subsidiaries of the company.

Company Headquarters: US Founded: 2000 Workforce: 10,000 Company Working: Visteon Corporation is a global automotive technology provider serving the mobility industry, dedicated to developing connected, enjoyable, and safe driving experiences. The company platform scalable hardware as well as a software solution that enhances the digital, autonomous evolution, and electric of global automotive customers which include BMW, Ford, Mazda, Renault Volkswagen, Nissan, GM, Daimler, Jaguar/Land Rover, and Stellantis. Visteon products are according to industry trends as well as include digital instrument clusters, Android-based infotainment systems, displays, domain controllers, ADAS as well as battery systems. Visteon has an international network of production operations, joint ventures, and technical centers dedicated to design, development, and production along with the support of its product offering and its customer across the globe. The company's products as well as engineering footprint in located in India, China, Japan, Portugal, Mexico, and Slovakia.

Company Headquarters: Japan Founded: 1963 Workforce: ~12,300 Company Working: MISUMI Group Inc. designs, manufactures, and sells press die, plastic mold, automated machinery, electronic components, and wiring. It operates through two business segments– manufacturing and distribution. The company operates through three business segments, namely, factory automation (FA), die component, and VONA. Its die component business offers mold parts and handles dies to manufacture automobile components, electronic components, and electronic equipment. The company’s FA business segment offers various parts and components used in industrial automation and other applications. Its VONA business segment offers connectors, switches, cables, transformers, end mills, and hand gloves. MISUMI Group Inc. has major business operations located in Asia-Pacific, Europe, and North America. It has approximately 261,998 customers, 63 sales offices, 16 logistics sites, and 23 manufacturing facilities, globally. Dayton Lamina Corporation, SURUGA Production Platform Co., Ltd., Suruga Seiki (nantong) Co. Ltd., Connell Industrial Tool Corporation, and SP Parts Co., Ltd. are some of the subsidiaries of the company.

Company Headquarters: US Founded: 1938 Workforce: ~10,000 Company Working: Kennametal Inc. is a leading manufacturer of industrial equipment and related components. It operates through three business reporting segments, namely, industrial, Widia, and infrastructure. Through the industrial segment, the company offers high-performance metalworking tools for transportation, general engineering, aerospace, and defense industries. It offers high-performance metalworking tools for manufacturing automobiles, engines, airframes, trucks, ships, and other types of industrial equipment. The company offers products under the metalworking tools, mining, construction, engineered wear solutions, and powdered materials and equipment categories. Additionally, it also provides repair and recycling service to the clients. Kennametal Inc. has a global presence with operations in more than 60 countries. It generates more than 50% of its revenue from outside North America. The company invested nearly USD 38.9 million and USD 38.0 million in 2018 and 2017, respectively, in research and development. It distributes its products through a network of direct sales forces, independent and national chain distributors, and e-commerce and integrated supplier platforms.