News & Events

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.

ACTON, Mass.--(BUSINESS WIRE)--Jan. 17, 2006--Kadant Inc. (NYSE:KAI) has received an order for a stock-preparation system worth in excess of $7 million from Zhejiang Jingxing Paper Joint Stock Co., Ltd., of Pinghu City, in China's Zhejiang Province. The system, to be supplied by the company's

ACTON, Mass.--(BUSINESS WIRE)--Jan. 4, 2006--Kadant Inc. (NYSE:KAI) today announced that it recently received an order for stock-preparation equipment valued in excess of $3 million from Lee & Man Paper Industries Co., Ltd., for its Dongguan Mill in China's Guangdong Province.

ACTON, Mass.--(BUSINESS WIRE)--Nov. 2, 2005--For the third quarter of 2005, Kadant Inc. (NYSE:KAI) reported that revenues from continuing operations increased 33 percent to $64.8 million, compared with $48.9 million in the 2004 quarter, including $17.7 million from recently acquired Kadant Johnson.

ACTON, Mass.--(BUSINESS WIRE)--Oct. 27, 2005--Kadant Inc. (NYSE:KAI) announced that its Kadant Composites LLC subsidiary has sold its composite decking and roofing business to Minneapolis-based LDI Composites Co. in an asset sale for approximately $11 million in cash, subject to a post-closing

ACTON, Mass.--(BUSINESS WIRE)--Oct. 25, 2005--Kadant Inc. (NYSE:KAI) announced that it will release its 2005 third quarter results after the market closes on Wednesday, November 2, 2005, and will hold a conference call for investors the next day, Thursday, November 3, at 11 a.m. Eastern time.

ACTON, Mass.--(BUSINESS WIRE)--Aug. 3, 2005--For the second quarter of 2005, Kadant Inc. (NYSE:KAI) reported that revenues from continuing operations increased 24 percent to $65.1 million (including 21 percent, or $11.1 million, from recently acquired Kadant Johnson and a 2 percent benefit from