News & Events

WESTFORD, Mass. , Sept. 30, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it has achieved one of its 2021 climate goals of sourcing 100 percent of the electricity it uses from renewable sources for its operating sites worldwide. The Company purchased renewable energy certificates,

WESTFORD, Mass. , Sept. 09, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.25 per share to be paid on November 11, 2021 to stockholders of record as of the close of business on October 14,

WESTFORD, Mass. , Aug. 23, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE:KAI) today announced it has completed its acquisition of Balemaster for $54 million in cash, subject to certain customary adjustments. Balemaster is a leading U.S. manufacturer of horizontal balers and related equipment used

WESTFORD, Mass., Aug. 03, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the second quarter ended July 3, 2021. Second Quarter Financial Highlights with Records Achieved in Each of the Following Metrics Bookings increased 60% to $213 million.

WESTFORD, Mass. , July 29, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2021 second quarter results after the market closes on Tuesday, August 3, 2021 and will hold a webcast the next day, Wednesday, August 4, 2021 at 11:00 a.m. eastern time .

WESTFORD, Mass. , June 17, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE:KAI) has entered into a definitive agreement to acquire Joh. Clouth GmbH & Co. KG and its affiliates (“Clouth”) for approximately 78 million Euros in cash, subject to certain customary adjustments.

WESTFORD, Mass. , May 20, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has authorized the repurchase of up to $20 million of its equity securities effective May 20, 2021 through May 20, 2022 . Repurchases may be made in public or private transactions,

WESTFORD, Mass. , May 20, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.25 per share to be paid on August 12, 2021 to stockholders of record as of the close of business on July 15, 2021 .

WESTFORD, Mass. , May 04, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the first quarter ended April 3, 2021 . First Quarter Financial Highlights Bookings increased 16% to a record $204 million . Operating cash flow increased 209% to $19 million .

WESTFORD, Mass. , April 29, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2021 first quarter results after the market closes on Tuesday, May 4, 2021 and will hold a webcast the next day, Wednesday, May 5, 2021 at 11:00 a.m. eastern time .