Kadant Inc. (KAI)
NYSE: KAI · Real-Time Price · USD
347.07
-4.92 (-1.40%)
Dec 20, 2024, 4:00 PM EST - Market closed

Company Description

Kadant Inc. supplies technologies and engineered systems worldwide.

It operates in three segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment develops, manufactures, and markets fluid-handling systems and equipment, such as rotary joints, syphons, turbulator bars, expansion joints, and engineered steam and condensate systems; and doctoring, cleaning, and filtration systems and related consumables consisting of doctor systems and holders, doctor blades, cleaning shower and fabric-conditioning systems, forming systems and wear surfaces, and water-filtration systems.

The Industrial Processing segment develops, manufactures, and markets ring and rotary debarkers, stranders, chippers, engineered knife systems, industrial automation and control, recycling and approach flow systems, and virgin pulping process equipment for use in the packaging, tissue, wood products, and alternative fuel industries.

The Material Handling segment offers conveying and vibratory equipment, and baling products; and manufactures and sells biodegradable absorbent granules for carriers in agricultural, home lawn and garden, professional lawn, turf, and ornamental applications, as well as for oil and grease absorption.

The company markets and sells its products, services, and systems through direct sales, independent sales agents, and distributors.

The company was formerly known as Thermo Fibertek, Inc. and changed its name to Kadant Inc. in July 2001.

Kadant Inc. was incorporated in 1991 and is headquartered in Westford, Massachusetts.

Kadant Inc.
Kadant logo
Country United States
Founded 1991
Industry Specialty Industrial Machinery
Sector Industrials
Employees 3,100
CEO Jeffrey Powell

Contact Details

Address:
One Technology Park Drive
Westford, Massachusetts 01886
United States
Phone 978 776 2000
Website kadant.com

Stock Details

Ticker Symbol KAI
Exchange NYSE
Fiscal Year January - December
Reporting Currency USD
CIK Code 0000886346
CUSIP Number 48282T104
ISIN Number US48282T1043
Employer ID 52-1762325
SIC Code 3550

Key Executives

Name Position
Jeffrey L. Powell President, Chief Executive Officer and Director
Michael J. McKenney CPA Executive Vice President and Chief Financial Officer
Stacy D. Krause Senior Vice President, General Counsel and Secretary
Michael C. Colwell Vice President
Fredrik H. Westerhout Vice President
Deborah S. Selwood Senior Vice President and Chief Accounting Officer
Dara F. Mitchell Senior Vice President of Corporate Development
Wesley A. Martz Vice President of Marketing
Peter J. Flynn Senior Vice President
Orrin H. Bean C.F.A. Treasurer

Latest SEC Filings

Date Type Title
Dec 12, 2024 8-K Current Report
Nov 19, 2024 144 Filing
Nov 19, 2024 144 Filing
Nov 18, 2024 144 Filing
Nov 15, 2024 144 Filing
Nov 12, 2024 144 Filing
Nov 12, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Nov 6, 2024 10-Q Quarterly Report
Nov 4, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Oct 29, 2024 8-K Current Report