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
ACTON, Mass., Jul 24, 2002 (BUSINESS WIRE) -- In the second quarter of 2002, Kadant Inc. (ASE:KAI) reported net income of $2.5 million, compared with $2.4 million in 2001, with earnings of $.20 per diluted share in both periods. Excluding an extraordinary gain from the repurchase of debt in the
ACTON, Mass., Jul 15, 2002 (BUSINESS WIRE) -- Kadant Inc. (ASE:KAI) announced that it will release its 2002 second quarter results at the close of business on Wednesday, July 24, 2002, and will hold a conference call for investors the following day, Thursday, July 25, 2002, at 11 a.m. EDT.
ACTON, Mass., Jul 10, 2002 (BUSINESS WIRE) -- Kadant Inc. (ASE:KAI) announced that its Kadant Black Clawson Inc. subsidiary has received multiple orders totaling more than $8 million during the second quarter for stock-preparation systems that will be used to recycle pulp fiber at mills in China.
ACTON, Mass., Jun 20, 2002 (BUSINESS WIRE) -- Kadant Inc. (ASE:KAI) today announced that its board of directors has appointed Ernst & Young LLP as its independent public accountants, replacing Arthur Andersen LLP, which served as the company's auditor since it went public in 1992.
ACTON, Mass., Jun 14, 2002 (BUSINESS WIRE) -- Kadant Inc. (ASE:KAI) today announced that it has sold on an agency basis 1,300,000 shares of Kadant common stock at a purchase price of $14.62 per share, for aggregate gross proceeds of $19,006,000. J.P. Morgan Securities Inc. acted as placement agent.