Kadant Corporate

News & Events

News Releases

April 29, 2019 at 4:32 PM EDT
Kadant Reports 2019 First Quarter Results
Reports Record Revenue and Bookings WESTFORD, Mass. , April 29, 2019 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the first quarter ended March 30, 2019 . First Quarter 2019 Highlights Revenue increased 15% to a record $171 million GAAP diluted EPS was unchanged at
April 25, 2019 at 1:36 PM EDT
Kadant to Hold Earnings Conference Call on Tuesday, April 30, 2019
WESTFORD, Mass. , April 25, 2019 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2019 first quarter results after the market closes on Monday, April 29, 2019 and will hold a webcast the next day, Tuesday, April 30, 2019 at 11:00 a.m. eastern time .
March 5, 2019 at 4:24 PM EST
Kadant Declares Cash Dividend
Raises Quarterly Dividend to $0.23 per Share WESTFORD, Mass. , March 05, 2019 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors increased its quarterly cash dividend to stockholders to $0.23 per share to be paid on May 7, 2019 to stockholders of record as of
February 28, 2019 at 3:20 PM EST
Kadant to Host an Investor Day on March 7, 2019
WESTFORD, Mass. , Feb. 28, 2019 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced an Investor Day will take place on Thursday, March 7, 2019 in New York City . The Investor Day will feature presentations by members of Kadant’s Executive Leadership Team, who will discuss the Company’s business
February 13, 2019 at 4:28 PM EST
Kadant Reports Fourth Quarter and Fiscal Year 2018 Results
Record Revenue, Bookings and Diluted EPS in FY 2018 WESTFORD, Mass. , Feb. 13, 2019 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the fourth quarter and fiscal year ended December 29, 2018 . Fourth Quarter Financial Highlights Revenue increased 10% to $164 million
February 13, 2019 at 4:26 PM EST
Kadant Announces CEO Succession Plan
WESTFORD, Mass. , Feb. 13, 2019 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) today announced that Jeffrey L. Powell will be named president effective April 1, 2019 and chief executive officer and a director effective July 1, 2019 , as part of a succession plan adopted by the board of directors.
February 8, 2019 at 4:10 PM EST
Kadant to Hold Earnings Conference Call on Thursday, February 14, 2019
WESTFORD, Mass. , Feb. 08, 2019 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2018 fourth quarter and full-year results after the market closes on Wednesday, February 13, 2019 and will hold a webcast the next day, Thursday, February 14, 2019 at 11:00 a.m. eastern time .
January 2, 2019 at 4:35 PM EST
Kadant Completes Acquisition of Syntron Material Handling
WESTFORD, Mass. , Jan. 02, 2019 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) today announced the completion of its acquisition of Syntron Material Handling Group, LLC and certain of its affiliates (“Syntron”), a leading provider of material handling equipment and systems to various process
December 19, 2018 at 4:21 PM EST
Kadant Increases Borrowing Capacity
WESTFORD, Mass. , Dec. 19, 2018 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced that on December 14, 2018 it amended its existing credit agreement (“Credit Agreement”) to increase its committed borrowing capacity under its revolving credit facility to $400 million , increase its uncommitted
December 10, 2018 at 4:20 PM EST
Kadant Appoints Erin L. Russell as New Independent Director
WESTFORD, Mass. , Dec. 10, 2018 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE:KAI) today announced that Erin L. Russell has been appointed to the Company’s board of directors, effective January 1, 2019 . Ms. Russell, whose term will begin on January 1, 2019 , was appointed to the class of directors the

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