News & Events

ACTON, Mass.--(BUSINESS WIRE)--July 15, 2003--Kadant Inc. (NYSE:KAI) announced that it will release its 2003 second quarter results after the market closes on Wednesday, July 23, 2003, and will hold a conference call for investors the next day, Thursday, July 24, 2003, at 11 a.m. Eastern time.

ACTON, Mass.--(BUSINESS WIRE)--May 16, 2003--Kadant Inc. (NYSE:KAI) announced today that its board of directors has authorized the repurchase, through May 15, 2004, of up to $25 million of its equity securities in the open market, or in negotiated transactions.

ACTON, Mass.--(BUSINESS WIRE)--May 14, 2003--Kadant Inc. (NYSE:KAI) announced that its common stock has begun trading today on the New York Stock Exchange (NYSE) under the ticker symbol "KAI." The company's common stock previously traded on the American Stock Exchange under the same ticker symbol.

ACTON, Mass.--(BUSINESS WIRE)--May 7, 2003--Kadant Inc. (ASE:KAI) will hold a live Webcast of its 2003 annual shareholders' meeting on May 15, 2003, 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)--April 30, 2003--For the first quarter of 2003, Kadant Inc. (AMEX:KAI) reported GAAP net income of $3.0 million, or $.22 per diluted share, versus a net loss of $34.1 million, or a loss of $2.79 per diluted share, in the 2002 period.

ACTON, Mass.--(BUSINESS WIRE)--April 28, 2003--Kadant Inc. (AMEX:KAI) announced that it has applied to list its common stock on the New York Stock Exchange (NYSE). The company anticipates that its common stock will begin trading on the NYSE on Wednesday, May 14, 2003, under its current ticker

ACTON, Mass.--(BUSINESS WIRE)--April 22, 2003--Kadant Inc. (AMEX:KAI) announced that it will release its 2003 first quarter results at the close of business on Wednesday, April 30, 2003, and will hold a conference call for investors the following day, Thursday, May 1, 2003, at 11 a.m. Eastern time.

ACTON, Mass.--(BUSINESS WIRE)--April 10, 2003--Kadant Inc. (AMEX:KAI) announced that its Kadant Composites Inc. subsidiary will report operating income of approximately $80,000 for the first quarter of 2003, on approximately $4.3 million in sales of composite building products.

ACTON, Mass.--(BUSINESS WIRE)--April 1, 2003--Kadant Inc. (AMEX:KAI) announced that it has recently received orders from three customers in China for stock-preparation systems totaling nearly $11 million. The equipment, to be supplied by the company's Kadant Black Clawson Inc.

ACTON, Mass., Feb 12, 2003 (BUSINESS WIRE) -- For the fourth quarter of 2002, Kadant Inc. (AMEX:KAI) recorded GAAP income before extraordinary item of $.17 per diluted share, compared with $.14 per diluted share in the 2001 quarter and, on an adjusted basis (as detailed in the attached tables),