ACTON, Mass.--(BUSINESS WIRE)--May 25, 2006--Kadant Inc. (NYSE:KAI) has received an order from leading linerboard producer Lee & Man Paper Industries Co., Ltd. for an advanced stock-preparation system valued at approximately $10 million. The equipment, which will process recycled corrugated
ACTON, Mass.--(BUSINESS WIRE)--May 17, 2006--Kadant Inc. (NYSE: KAI) will hold a live Webcast of its 2006 annual shareholders' meeting on Thursday, May 25, at 2:30 p.m. Eastern time. The meeting will be held at the Boston Marriott Burlington, One Mall Road, Burlington, Massachusetts.
ACTON, Mass., May 03, 2006 (BUSINESS WIRE) -- Kadant Inc. (NYSE:KAI) reported that revenues from continuing operations grew 49 percent in the first quarter of 2006, to $75.6 million, compared with $50.7 million in the first quarter of 2005. Excluding a 40 percent revenue increase in the 2006 period
ACTON, Mass., May 03, 2006 (BUSINESS WIRE) -- Kadant Inc. (NYSE:KAI) announced today that its board of directors has authorized the repurchase of up to $15 million of its equity securities in the open market or in negotiated transactions, effective May 18, 2006 (the date its current repurchase
ACTON, Mass., Apr 25, 2006 (BUSINESS WIRE) -- Kadant Inc. (NYSE:KAI) announced that it will release its 2006 first quarter results after the close of the market on Wednesday, May 3, 2006, and will hold a conference call for investors the next day, Thursday, May 4, at 11 a.m. Eastern time.
ACTON, Mass.--(BUSINESS WIRE)--March 27, 2006--Kadant Inc. (NYSE:KAI) today announced that it has received the largest single order in its history - for approximately $16 million in stock-preparation systems from a leading paper producer in Asia. The equipment, to be supplied by the company's
ACTON, Mass.--(BUSINESS WIRE)--March 1, 2006--Kadant Inc. (NYSE:KAI) announced that it has appointed Edward J. Sindoni to the new position of chief operating officer (COO), effective today, with responsibility for all of the company's global operations. Mr.
ACTON, Mass.--(BUSINESS WIRE)--Feb. 15, 2006--Kadant Inc. (NYSE:KAI) reported revenues of $63.1 million from continuing operations in the fourth quarter of 2005, an increase of $17.2 million over $45.9 million in the fourth quarter of 2004. Revenues in the 2005 period included $19.1 million from
ACTON, Mass.--(BUSINESS WIRE)--Feb. 7, 2006--Kadant Inc. (NYSE:KAI) announced that it will release its 2005 fourth quarter and full-year results after the market closes on Wednesday, February 15, 2006, and will hold a conference call for investors the next day, Thursday, February 16, at 11 a.m.
ACTON, Mass.--(BUSINESS WIRE)--Jan. 26, 2006--Kadant Inc. (NYSE:KAI) announced today that it has signed a definitive agreement to acquire substantially all the assets of the Jining Huayi Light Industry Machinery Co., Ltd. for approximately $20 million in cash, subject to adjustment.