News & Events

ACTON, Mass.--(BUSINESS WIRE)--July 26, 2005--Kadant Inc. (NYSE:KAI) announced that it will release its 2005 second quarter results after the market closes on Wednesday, August 3, 2005, and will hold a conference call for investors the next day, Thursday, August 4, at 11 a.m. Eastern time.

ACTON, Mass.--(BUSINESS WIRE)--July 18, 2005--Kadant Inc. (NYSE:KAI) has received approximately $5 million in orders for stock-preparation systems from Ningxia Meili Paper Industry Co., Ltd., a Chinese producer of a range of paper products, from linerboard to fine stationery.

ACTON, Mass.--(BUSINESS WIRE)--June 8, 2005--Kadant Inc. (NYSE:KAI) announced that Mr. Thomas C. Leonard was elected to the company's board of directors at its annual meeting of shareholders yesterday. The board of directors also appointed Mr. Leonard to serve on its audit committee and designated

ACTON, Mass.--(BUSINESS WIRE)--May 31, 2005--Kadant Inc. (NYSE: KAI) will conduct a live Webcast of its 2005 annual shareholders' meeting on Tuesday, June 7, at 2:30 p.m. Eastern time. The meeting will be held at the Langham Hotel, 250 Franklin Street, Boston, Massachusetts.

ACTON, Mass.--(BUSINESS WIRE)--May 31, 2005--Kadant Inc. (NYSE:KAI) has received an order for stock-preparation equipment valued at approximately $4 million from Zhejiang Ji'an Paper Packet Co., Ltd., a linerboard producer in China. The company's Kadant Black Clawson Inc.

ACTON, Mass.--(BUSINESS WIRE)--May 11, 2005--Kadant Inc. (NYSE:KAI) has completed its previously announced acquisition of The Johnson Corporation, a leading supplier of steam and condensate systems, components, controls, and related services to the global paper industry.

ACTON, Mass.--(BUSINESS WIRE)--May 6, 2005--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, 2005 (the date its current repurchase

ACTON, Mass.--(BUSINESS WIRE)--April 27, 2005--For the first quarter of 2005, Kadant Inc. (NYSE:KAI) reported that revenues from continuing operations increased 7 percent to $50.7 million (including a 2 percent benefit from currency translation), compared with $47.5 million in the first quarter of

ACTON, Mass.--(BUSINESS WIRE)--April 20, 2005--Kadant Inc. (NYSE:KAI) announced that it will release its 2005 first quarter results after the market closes on Wednesday, April 27, 2005, and will hold a conference call for investors the next day, Thursday, April 28, at 11 a.m. Eastern time.

ACTON, Mass.--(BUSINESS WIRE)--April 7, 2005--Kadant Inc. (NYSE:KAI) announced that it has entered into a definitive agreement to acquire The Johnson Corporation for approximately $102 million in cash, subject to a post-closing adjustment. The parties have also agreed to an earn-out provision,