Kadant Corporate

News & Events

News Releases

May 1, 2002 at 4:11 PM EDT
Kadant Reports First Quarter Earnings and Reaffirms Guidance
ACTON, Mass., May 1, 2002 (BUSINESS WIRE) -- For the first quarter of 2002, Kadant Inc. (ASE:KAI) reported net income of $0.9 million, or $.07 per diluted share, on revenues of $43.3 million, compared with net income of $3.1 million, or $.25 per diluted share, on revenues of $58.9 million a year
April 23, 2002 at 10:26 AM EDT
Kadant to Hold Conference Call on Thursday, May 2, 2002
ACTON, Mass., Apr 23, 2002 (BUSINESS WIRE) -- Kadant Inc. (ASE:KAI) announced that it will release its 2002 first quarter results at the close of business on Wednesday, May 1, 2002, and will hold a conference call for investors the following day, Thursday, May 2, 2002, at 11 a.m. EDT.
April 10, 2002 at 10:42 AM EDT
Kadant Appoints John Allen to Board of Directors
ACTON, Mass., Apr 10, 2002 (BUSINESS WIRE) -- Kadant Inc. (ASE:KAI) has appointed Dr. John K. Allen a director of the company. Dr. Allen, age 49, is chairman, president, and chief executive officer of Lawrence R. McCoy & Co., Inc., a privately held wholesale distributor of specialty building
April 9, 2002 at 11:15 AM EDT
Kadant to Buy its Own Securities
ACTON, Mass., Apr 9, 2002 (BUSINESS WIRE) -- Kadant Inc. (ASE:KAI) announced today that its board of directors has authorized the repurchase, through April 9, 2003, of $50 million of its own debt and equity securities in the open market, or in negotiated transactions.
February 11, 2002 at 5:22 PM EST
Kadant Reports Year-End Results
ACTON, Mass.--(BUSINESS WIRE)--Feb. 11, 2002--Kadant Inc. (ASE:KAI) reported revenues of $221.2 million in 2001, compared with $234.9 million in 2000. Net income was $10.0 million, or $.81 per diluted share, versus $15.1 million, or $1.23 per diluted share, a year ago.
February 5, 2002 at 11:32 AM EST
Kadant to Hold Conference Call on Tuesday, February 12, 2002
ACTON, Mass., Feb 5, 2002 (BUSINESS WIRE) -- Kadant Inc. (ASE: KAI) announced that it will release its year-end results at the close of business on Monday, February 11, 2002, and will hold a conference call for investors the following day, Tuesday, February 12, 2002, at 11 a.m. EST.
December 27, 2001 at 4:38 PM EST
Kadant Takes Thermo Fibergen Private
WALTHAM, Mass., Dec 27, 2001 (BUSINESS WIRE) -- Kadant Inc. (ASE: KAI) announced today that it has completed a short-form merger with its Thermo Fibergen Inc. subsidiary. Thermo Fibergen will file promptly to terminate the registration of its common stock under the Securities Exchange Act of 1934,
December 17, 2001 at 9:50 AM EST
Kadant Names Vice President and Chief Accounting Officer
WALTHAM, Mass., Dec 17, 2001 (BUSINESS WIRE) -- Kadant Inc. (ASE:KAI) announced today that its board of directors has approved the promotion of Michael J. McKenney to vice president and chief accounting officer, effective January 1, 2002. Mr. McKenney will be responsible for the financial control
November 9, 2001 at 9:36 AM EST
Kadant to Take Thermo Fibergen Private
WALTHAM, Mass., Nov 9, 2001 (BUSINESS WIRE) -- Kadant Inc. (ASE:KAI) today announced plans to take private its majority-owned subsidiary, Thermo Fibergen Inc. (ASE:TFG), by acquiring the minority interest in Thermo Fibergen for $12.75 per share in cash.
October 24, 2001 at 6:41 PM EDT
Kadant Announces Third Quarter Results
WALTHAM, Mass., Oct 24, 2001 (BUSINESS WIRE) -- Kadant Inc. (ASE: KAI) today reported consolidated revenues of $56.1 million for the third quarter, ended September 29, 2001, compared with $58.3 million in 2000. Excluding unfavorable currency effects of $1.1 million, revenues decreased 2 percent

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