SOURCE: StockCall


January 11, 2011 08:28 ET

Opinions on Kennametal Inc. and Timken Co. -- Machine and Tool Manufacturers Expanding

JOHANNESBURG, SOUTH AFRICA--(Marketwire - January 11, 2011) - offers investors comprehensive research on the machine tools & accessories industry and has completed analytical research on Kennametal Inc. (NYSE: KMT) and Timken Co. (NYSE: TKR). Register with us today at to have free access to these researches. 

Stronger industrial output data over the last few months has motivated several machine and tool manufacturers to invest capital into expansion projects. The bulk of the expansion projects are currently being seen at plants and factories overseas in China and India where industrial growth is higher. Last month, Timken Co. invested $8 million into one of its Indian facilities. Investors looking for free research on Timken Co. are welcome to sign up at is an online platform where investors doing their due-diligence on the machine tools & accessories industry can have easy and free access to our analyst research and opinions on Kennametal Inc. and Timken Co.; all investors need to do is register for a complimentary membership at

Amongst machine and tool manufacturers, steel and metal manufacturing products such as Kennametal Inc. are outpacing other segments. Commercial construction overseas and a recovering US auto industry are the key factors driving metal works ahead of other areas. Investors looking for free research on Kennametal Inc. are welcome to sign up at

A stronger US dollar is also helping exports for the industry. The biggest hindrance to the industry's recovery has been slower than expected manufacturing growth in the US. Specifically, sluggish growth in the steel industry has slowed demand for related tools and equipment. Register now at to have free access to our reports on the machine tools & accessories industry.

Overall, steady demand from emerging markets like China and India along with the continued strength of the dollar could help sustain growth for the industry in the first half of 2011. Visit to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

About is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines.

Contact Information