ACTON, Mass.--(BUSINESS WIRE)--March 28, 2005--Kadant Inc. (NYSE:KAI) has received four orders for stock-preparation equipment totaling $10.3 million from international and North American customers. The systems will be supplied by the company's Kadant Black Clawson Inc. subsidiary.
ACTON, Mass., Feb 16, 2005 (BUSINESS WIRE) -- For the fourth quarter of 2004, Kadant Inc. (NYSE:KAI) reported revenues of $45.9 million from continuing operations (including $1.5 million from the favorable effect of currency translation), compared with $48.7 million in the fourth quarter of 2003.
ACTON, Mass.--(BUSINESS WIRE)--Feb. 14, 2005--Kadant Inc. (NYSE:KAI) has received an order from Sappi Saiccor Ltd., of South Africa, for a Chemi-Washer(R) horizontal-belt washing system valued at more than $3 million. Sappi Saiccor is the world's largest producer of chemical cellulose, or dissolved
ACTON, Mass.--(BUSINESS WIRE)--Feb. 8, 2005--Kadant Inc. (NYSE:KAI) announced that it will release its 2004 fourth quarter and year-end results after the market closes on Wednesday, February 16, 2005, and will hold a conference call for investors the next day, Thursday, February 17, at 11 a.m.
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.