WESTFORD, Mass. --(BUSINESS WIRE)--Aug. 14, 2017-- Kadant Inc. (NYSE: KAI) announced today the completion of its acquisition of certain assets of Unaflex, LLC for $31 million in cash, subject to a post-closing adjustment. Unaflex is a leading manufacturer of expansion joints and related products
WESTFORD, Mass. --(BUSINESS WIRE)--Aug. 14, 2017-- Kadant Inc. (NYSE: KAI) announced today the completion of its acquisition of certain assets of Unaflex, LLC for $31 million in cash, subject to a post-closing adjustment. Unaflex is a leading manufacturer of expansion joints and related products
Raises Revenue and EPS Guidance for the Second Half of 2017 WESTFORD, Mass. --(BUSINESS WIRE)--Aug. 1, 2017-- Kadant Inc. (NYSE: KAI) reported its financial results for the second quarter ended July 1, 2017 . Second Quarter 2017 Highlights GAAP diluted EPS decreased 4% to $0.72 Adjusted diluted EPS
Raises Revenue and EPS Guidance for the Second Half of 2017 WESTFORD, Mass. --(BUSINESS WIRE)--Aug. 1, 2017-- Kadant Inc. (NYSE: KAI) reported its financial results for the second quarter ended July 1, 2017 . Second Quarter 2017 Highlights GAAP diluted EPS decreased 4% to $0.72 Adjusted diluted EPS
WESTFORD, Mass. --(BUSINESS WIRE)--Jul. 27, 2017-- Kadant Inc. (NYSE: KAI) announced it will release its 2017 second quarter results after the market closes on Tuesday, August 1, 2017 and will hold a webcast the same day at 4:30 p.m. eastern time . During the call the Company will discuss its
WESTFORD, Mass. --(BUSINESS WIRE)--Jul. 27, 2017-- Kadant Inc. (NYSE: KAI) announced it will release its 2017 second quarter results after the market closes on Tuesday, August 1, 2017 and will hold a webcast the same day at 4:30 p.m. eastern time . During the call the Company will discuss its
WESTFORD, Mass. --(BUSINESS WIRE)--Jul. 5, 2017-- Kadant Inc. (NYSE: KAI) announced today the completion of its acquisition of the forest products business of NII FPG Company , a global leader in the design and manufacture of equipment used by sawmills, veneer mills, and other manufacturers in the
WESTFORD, Mass. --(BUSINESS WIRE)--Jul. 5, 2017-- Kadant Inc. (NYSE: KAI) announced today the completion of its acquisition of the forest products business of NII FPG Company , a global leader in the design and manufacture of equipment used by sawmills, veneer mills, and other manufacturers in the
WESTFORD, Mass. --(BUSINESS WIRE)--May 30, 2017-- Kadant Inc. (NYSE: KAI) has entered into a definitive agreement to acquire the forest products business of NII FPG Company for $173 million in cash, subject to a post-closing adjustment. The Company also announced that it has increased its revolving
WESTFORD, Mass. --(BUSINESS WIRE)--May 30, 2017-- Kadant Inc. (NYSE: KAI) has entered into a definitive agreement to acquire the forest products business of NII FPG Company for $173 million in cash, subject to a post-closing adjustment. The Company also announced that it has increased its revolving