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),
ACTON, Mass.--(BUSINESS WIRE)--Feb. 4, 2003--Kadant Inc. (AMEX:KAI) announced that it will release its 2002 fourth quarter and full-year results at the close of business on Wednesday, February 12, 2003, and will hold a conference call for investors the following day, Thursday, February 13, 2003, at
ACTON, Mass.--(BUSINESS WIRE)--Jan. 30, 2003--Kadant Inc. (AMEX:KAI) announced today that it has recently received orders from two customers in China for paper recycling systems totaling approximately $7.3 million. Lee & Man Paper International Ltd. ordered a complete stock-preparation system and
ACTON, Mass.--(BUSINESS WIRE)--Nov. 20, 2002--Kadant Inc. (AMEX:KAI) announced today that on December 27, 2002, it will redeem all its outstanding 4-1/2% convertible subordinated debentures due July 15, 2004. The redemption price is 100 percent of the principal amount of the debentures, plus
ACTON, Mass., Oct 23, 2002 (BUSINESS WIRE) -- For the third quarter of 2002, Kadant Inc. (AMEX:KAI) reported net income of $2.7 million, or $.20 in diluted earnings per share, compared with $2.0 million, or $.17 per diluted share, in the third quarter of 2001.
ACTON, Mass., Oct 15, 2002 (BUSINESS WIRE) -- Kadant Inc. (AMEX:KAI) announced that it will release its 2002 third quarter results at the close of business on Wednesday, October 23, 2002, and will hold a conference call for investors the following day, Thursday, October 24, 2002, at 11 a.m.
ACTON, Mass., Oct 7, 2002 (BUSINESS WIRE) -- Kadant Inc. (AMEX:KAI) announced that the composite decking and railing systems produced by its Kadant Composites Inc. subsidiary and marketed under the Geodeck(TM) brand have been evaluated by Building Officials and Code Administrators International,
ACTON, Mass., Oct 3, 2002 (BUSINESS WIRE) -- Kadant Inc. (ASE:KAI) announced that its board of directors has appointed Edwin D. Healy a vice president of the company, effective October 1, 2002. In his new position, Mr. Healy is responsible for leading Kadant's worldwide stock-preparation
ACTON, Mass., Sep 30, 2002 (BUSINESS WIRE) -- Kadant Inc. (ASE:KAI) announced that its Kadant Web Systems Inc. subsidiary has been granted a patent by the U.S. Patent and Trademark Office for a new bi-metal blade technology featured on its ProCrepe(R) product, which the company developed primarily
ACTON, Mass., Sep 10, 2002 (BUSINESS WIRE) -- Kadant Inc. (ASE:KAI) announced that its Kadant Black Clawson Inc. subsidiary has received an order for paper recycling and approach-flow systems valued at $3.7 million from Jiangsu Wonder Paper Manufacturing Co., Ltd., part of the Hong Kong-based Multi