WALTHAM, Mass., June 19, 2001 – Thermo Fibertek Inc. (ASE:TFT) announced that it will officially change its name to Kâdant Inc. on Thursday, July 12, 2001, at 9 a.m. EDT. At that time, Kâdant will begin trading under the ticker symbol “KAI” on the American Stock Exchange.
WALTHAM, Mass., July 19 /PRNewswire/ -- Kadant Inc. (Amex: KAI - news ), formerly known as Thermo Fibertek Inc., today reported net income of $2.4 million, or $.20 per diluted share, for the quarter ended June 30, 2001, compared with $3.9 million, or $.32 per diluted share, for the same period last
WALTHAM, MA, July 17, 2001 – Kâdant Inc. (ASE:KAI) announced today that its board of directors has adopted a shareholder rights plan. Under the plan, one right will be distributed as of the close of business on August 6, 2001, on each share of Kâdant common stock outstanding at that time.
WALTHAM, Mass., June 20 /PRNewswire/ -- Thermo Fibertek Inc. (Amex: TFT) has appointed Dr. John M. Albertine, age 57, a director of the company. Dr. Albertine is an executive officer of High Street(TM) Capital Management, L.L.C., a financial management partnership, and chief executive officer of
WALTHAM, Mass., May 7, 2001 – Thermo Fibertek Inc. (ASE:TFT) today announced a number of changes in its senior management. Effective immediately, Edward J. Sindoni has been named senior vice president of the company, with responsibility for its papermaking accessories and water-management
BEDFORD, Mass., May 7, 2001 – Thermo Fibergen Inc. (ASE:TFG) announced today that Jonathan W. Painter has been appointed president and chief executive officer, effective May 18, 2001. He succeeds Yiannis Monovoukas, who is leaving the company to join Boston-based TEI Biosciences Inc., a tissue
BEDFORD, Mass., April 25 /PRNewswire/ -- Thermo Fibergen Inc. (Amex: TFG), a Thermo Electron company, today reported revenues of $2,913,000 for the quarter ended March 31, 2001, compared with $2,733,000 for the same period last year. Net loss was $400,000, or $.03 per diluted share, versus net
WALTHAM, Mass., April 25 /PRNewswire/ -- Thermo Fibertek Inc. (Amex: TFT), a Thermo Electron company, today reported net income of $3.1 million, or $.05 per diluted share, for the quarter ended March 31, 2001, compared with $2.7 million, or $.04 per diluted share, for the same period last year.
WALTHAM, Mass., April 20, 2001 – Thermo Fibertek Inc. (ASE:TFT) announced that it will release its 2001 first quarter results on Wednesday, April 25, 2001. The company will make a pre-recorded message available on Wednesday, April 25, 2001, after 5 p.m.
In NEF004, Thermo Fibertek (Amex: TFT - news) to Discuss Performance in Pre- Recorded Message, Available Wednesday, April 25, 2001, moved earlier today, we are advised by the company that the fourth graph, eighth line should read, ``information is available at www.thermofibertek.com'' rather than