Kennametal Inc., a Fortune 1000 company that manufactures metal-product solutions for various industries, was not materially affected by the catastrophe in Japan, nor would a catastrophe elsewhere around the globe likely impair its operations extensively, says Michael Murphy, the company's manager of global P&C insurance.
"We've grown diverse enough to be able to handle a specific incident" in one region of the world, says Murphy, noting the company has warehouses in Singapore and Germany as well as in the United States.
He says Kennametal addressed its interdependencies with suppliers several years ago when it began engaging in enterprise risk management.
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