Kadant Inc (NYSE:KAI)

38.83
Data as of Oct 24
 -0.16 / -0.41%
Today’s Change
33.30
Today|||52-Week Range
41.95
-4.17%
Year-to-Date
SECTOR
Producer Manufacturing
INDUSTRY
Industrial Machinery
MARKET CAP
$424.4M

Company Description

Kadant, Inc. supplies equipment used in the global papermaking and paper recycling industries. It also manufactures granules from papermaking byproducts for agricultural, and lawn and garden applications. The company through its fiber-based products business, manufactures and sells granules derived from pulp fiber for use as carriers for agricultural, home lawn and garden and professional lawn, turf and ornamental applications, as well as oil and grease absorption. Its products line include Stock-Preparation, Fluid-Handling, Doctoring and Water-Management. Its Stock-Preparation develops, manufactures, and markets complete custom-engineered systems and equipment, as well as standard individual components, for pulping, de-inking, screening, cleaning, and refining primarily recycled fiber for preparation for entry into the paper machine, and recausticizing and evaporation equipment and systems used in the production of virgin pulp.Its Fluid-Handling manufacture and market rotary joints, precision unions, steam and condensate systems, components, and controls used primarily in the dryer section of the papermaking process and during the production of corrugated boxboard, metals, plastics, rubber, textiles, chemicals, and food. The Doctoring, Cleaning, and Filtration product line develop, manufacture, and market a range of doctoring, cleaning, and filtration systems and related consumables that continuously clean rolls to keep paper machines running efficiently; doctor blades made of a variety of materials to perform functions including cleaning, creping, web removal, flaking, and the application of coatings; profiling systems that control moisture, web curl, and gloss during paper converting; and systems and equipment used to continuously clean paper machine fabrics and rolls, drain water from pulp mixtures, form the sheet or web, and filter the process water for reuse. Kadant was founded in November 1991 and is headquartered in Westford, MA.

Contact Information

Kadant, Inc.
One Technology Park Drive
Westford Massachusetts 01886
P:(978) 776-2000
Investor Relations:

Employees

Shareholders

Mutual fund holders48.15%
Other institutional43.24%
Individual stakeholders3.79%

Top Executives

Jonathan W. PainterPresident, Chief Executive Officer & Director
Eric T. LangevinChief Operating Officer & Executive Vice President
Thomas M. O'BrienCFO, Executive VP & Head-Investor Relations
Jeffrey L. PowellExecutive Vice President
Sandra L. LambertSecretary, Vice President & General Counsel

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