Lost in the land of acquisition and do not pay their bills
Pros
My checks did clear and were received on time.
Cons
Company is not good at taking what works from companies that the acquire. Most good people leave once Kennametal takes over because they have such a poor reputation and are known for buying and then shutting down companies. They also pay on Net 75 terms so many vendors do not want to do business with them. Those vendors that do agree to do business with them have a very hard time getting paid at all. In my position there for the first 6 months I had to deal with 3-4 calls a week from frustrated vendors with invoices that were 6 months or more past due. Once I got most of them cleared up I was still contacted at least twice a month by vendors who were frustrated because they could not reach a live person in the AP department due to all communication being made through a generic email address which ultimately went through India. Additionally I had several vendors that were listed on the approved list that said they would no longer do business with Kennametal because they knew they would not be paid. The division I worked for had an on time delivery rate that was below 50% for most of my tenure and did not have a full time plant manager the entire time until it closed down. Even with the poor on time performance and lack of a plant manager, the regional director only visited the plant three times during the two years I was there and one of those times was to announce the plant closure.