Kennametal completes the acquisition of Camco Group

On August 31, 2006, Kennametal Ltd. completed the acquisition of Camco Cutting Tools and Advanced Powder Fusion (Camco Group) of Kelowna, British Columbia. Kennametal is a leading global supplier of tooling, engineered components and advanced materials consumed in production processes. Camco Group is a manufacturer of specialized saw tips and supplies to the forestry and woodworking industry in Canada and the U.S. These new products and technologies add to Kennametal's offerings allowing for expansion into new and adjacent markets including Asia Pacific and Europe. Kennametal was advised by a team from Fasken Martineau comprised of Gary Fogler, Geoff Lyster, Carmine Boskovich and Sarah Mamoser, Jim Piers (real estate), Michelle Pockey (environmental) and Jennifer Walker (employment).