Kadant Inc. (NYSE:KAI) is a leading supplier to the global pulp and paper industry, with a range of products and services for improving efficiency and quality in pulp and paper production, including paper machine accessories, and systems for stock preparation, fluid handling, and water management. Our fluid-handling products are also used to optimize production in the steel, rubber, plastics, food, and textile industries. In addition, we produce granules from papermaking byproducts for agricultural and lawn and garden applications. Kadant is based in Westford, Massachusetts, and has approximately 1,600 employees in 16 countries worldwide, with major operations in North and South America, Europe, and Asia.
WESTFORD, Mass.--(BUSINESS WIRE)--Nov. 4, 2009--
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 November 4, 2009 through November 4, 2010. Repurchases may be
made in public or private transactions, including under Securities
Exchange Act Rule 10b-5-1 trading plans. The timing and amount of any
repurchases will be at the discretion of company mana...
Increases Full Year 2009 Revenue and EPS Guidance
WESTFORD, Mass.--(BUSINESS WIRE)--Nov. 4, 2009--
Kadant Inc. (NYSE:KAI) reported revenues from continuing operations of
$53.7 million in the third quarter of 2009, a decrease of $30.0 million,
or 36 percent, compared to $83.7 million in the third quarter of 2008.
Revenues in the third quarter of 2009 increased 7 percent compared to
revenues of $50.1 million in the second quarter of 2009. Rev...
WESTFORD, Mass.--(BUSINESS WIRE)--Oct. 27, 2009--
Kadant Inc. (NYSE:KAI) announced that it will release its 2009 third
quarter results after the market closes on Wednesday, November 4, 2009
and will hold a conference call for investors the next day, Thursday,
November 5, 2009 at 11 a.m. Eastern time.
During the call, the company will discuss its third quarter performance,
as well as future expectations. To listen, call 800-709-2159 within the...
Corporate Office
Kadant Inc.
One Technology Park Drive
Westford, MA 01886
Tel: 978-776-2000
Fax: 978-635-1593
www.kadant.com
Transfer Agent
American Stock Transfer & Trust Company
Shareholder Services Dept.
59 Maiden Lane
New York, NY 10038
Tel: 800-937-5449 or 718-921-8200
E-mail: info@amstock.com
Web site: www.amstock.com
Independent Auditor
Ernst & Young LLP
200 Clarendon Street
Boston, MA 02116-5072
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