News & Events

ACTON, Mass.--(BUSINESS WIRE)--Oct. 22, 2003--For the third quarter of 2003, Kadant Inc. (NYSE: KAI - News) reported GAAP diluted earnings per share of $.19, versus $.20 in the 2002 period. Earnings in 2003 included a $.01 charge for restructuring and unusual items.

ACTON, Mass.--(BUSINESS WIRE)--Oct. 15, 2003--Kadant Inc. (NYSE:KAI) announced that it will release its 2003 third quarter results after the market closes on Wednesday, October 22, 2003, and will hold a conference call for investors the next day, Thursday, October 23, 2003, at 11 a.m. Eastern time.

ACTON, Mass.--(BUSINESS WIRE)--Sept. 10, 2003--Kadant Inc. (NYSE:KAI) announced that it will supply paper recycling equipment valued at $3.6 million to global containerboard producer Lee & Man Paper International Ltd. for its new mill in Changsu, China, near Shanghai.

ACTON, Mass.--(BUSINESS WIRE)--July 23, 2003--For the second quarter of 2003, Kadant Inc. (NYSE:KAI) reported GAAP net income of $3.9 million, or $.28 per diluted share, versus $2.5 million, or $.20 per diluted share, in the 2002 period. Earnings per diluted share in 2003 included a net gain of

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