News & Events

ACTON, Mass., Nov 22, 2004 (BUSINESS WIRE) -- Kadant Inc. (NYSE:KAI) has approved a proposed restructuring of its Kadant Lamort subsidiary, based in Vitry-le-Francois, France, intended to strengthen the operation's competitive position in the European paper industry.

ACTON, Mass.--(BUSINESS WIRE)--Oct. 27, 2004--For the third quarter of 2004, Kadant Inc. (NYSE:KAI) reported that revenues increased to $53.3 million (including $1.3 million from the favorable effect of currency translation), compared with $45.9 million in the third quarter of 2003.

ACTON, Mass.--(BUSINESS WIRE)--Oct. 19, 2004--Kadant Inc. (NYSE:KAI) announced that it will release its 2004 third quarter results after the market closes on Wednesday, October 27, 2004, and will hold a conference call for investors the next day, Thursday, October 28, at 11 a.m. Eastern time.

ACTON, Mass.--(BUSINESS WIRE)--July 28, 2004--For the second quarter of 2004, Kadant Inc. (NYSE:KAI) reported GAAP diluted earnings per share (EPS) of $.26, compared with $.28 in the second quarter of 2003. Earnings in the 2004 period included a $.03 benefit from a reduction in tax reserves, and,

ACTON, Mass.--(BUSINESS WIRE)--July 20, 2004--Kadant Inc. (NYSE:KAI) announced that it will release its 2004 second quarter results after the market closes on Wednesday, July 28, 2004, and will hold a conference call for investors the next day, Thursday, July 29, 2004, at 11 a.m. Eastern time.

ACTON, Mass.--(BUSINESS WIRE)--May 18, 2004--Kadant Inc. (NYSE:KAI) announced today that its board of directors has authorized the repurchase, through May 18, 2005, of up to $30 million of its equity securities in the open market or in negotiated transactions.

ACTON, Mass., May 11, 2004 (BUSINESS WIRE) -- Kadant Inc. (NYSE:KAI) will hold a live Webcast of its 2004 annual shareholders' meeting on Tuesday, May 18, at 2:30 p.m. Eastern time. The meeting will take place at the Boston Marriott Burlington hotel in Burlington, Massachusetts.

ACTON, Mass.--(BUSINESS WIRE)--May 10, 2004--Kadant Inc. (NYSE:KAI) has received an order from a major North American paper producer for a pulping system valued at approximately $4 million. The system will be supplied by the company's Kadant Black Clawson Inc. subsidiary. William A.

ACTON, Mass.--(BUSINESS WIRE)--May 6, 2004--Kadant Inc. (NYSE:KAI) has received another order for stock-preparation equipment valued at nearly $4 million - this one from a Chinese producer of recycled whiteboard, a high-quality printable packaging material. The company's Kadant Black Clawson Inc.

ACTON, Mass.--(BUSINESS WIRE)--April 28, 2004--For the first quarter of 2004, Kadant Inc. (NYSE:KAI) reported GAAP diluted earnings per share (EPS) of $.19, compared with $.22 in the first quarter of 2003. GAAP net income in the 2004 period was $2.7 million, versus $3.0 million a year ago.