News & Events

WESTFORD, Mass. , Dec. 17, 2020 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) was included in Fortune’s 2020 list of the 100 fastest-growing companies in the world. In its debut appearance on the list, Kadant was ranked by Fortune as one of the world’s best three-year performers in revenue growth,

WESTFORD, Mass. , Dec. 14, 2020 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it received two orders to supply recycled fiber processing systems from a containerboard producer in Asia with a value of approximately $10 million . The equipment will be used to process recycled corrugated boxes

WESTFORD, Mass. , Nov. 19, 2020 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.24 per share to be paid on February 4, 2021 to stockholders of record as of the close of business on January 7, 2021 .

WESTFORD, Mass. , Oct. 27, 2020 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the third quarter ended September 26, 2020 . Third Quarter 2020 Financial Highlights Operating cash flow was $24 million and free cash flow was $23 million .

WESTFORD, Mass. , Oct. 22, 2020 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2020 third quarter results after the market closes on Tuesday, October 27, 2020 and will hold a webcast the next day, Wednesday, October 28, 2020 at 11:00 a.m. eastern time .

WESTFORD, Mass. , Sept. 17, 2020 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.24 per share to be paid on November 12, 2020 to stockholders of record as of the close of business on October 15,

WESTFORD, Mass. , July 28, 2020 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the second quarter ended June 27, 2020 . Second Quarter 2020 Financial Highlights Bookings decreased 24% to $133 million . Revenue decreased 14% to $153 million .

WESTFORD, Mass. , July 28, 2020 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) today announced the completion of its acquisition of Cogent Industrial Technologies Ltd. , a leading industrial automation and controls solution provider. The acquisition expands Kadant’s capabilities in industrial

WESTFORD, Mass. , July 23, 2020 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2020 second quarter results after the market closes on Tuesday, July 28, 2020 and will hold a webcast the next day, Wednesday, July 29, 2020 at 11:00 a.m. eastern time .

WESTFORD, Mass. , May 13, 2020 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has authorized the repurchase of up to $20 million of its equity securities effective May 13, 2020 through May 13, 2021 . Repurchases may be made in public or private transactions,