Kadant Inc. (KAI)

NYSE: KAI · IEX Real-Time Price · USD
+10.64 (5.55%)
Jun 2, 2023, 4:00 PM EDT - Market closed

Company Description

Kadant Inc. supplies technologies and engineered systems worldwide.

It operates through 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, shower and fabric-conditioning systems, formation systems, and water-filtration systems.

The Industrial Processing segment develops, manufactures, and markets ring and rotary debarkers, stranders, chippers, logging machinery, industrial automation and control systems, 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 balers and related equipment; and manufactures and sells biodegradable absorbent granules for carriers in as carriers in agricultural, home lawn and garden, professional lawn, turf, and ornamental applications, as well as for oil and grease absorption.

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 L. Powell

Contact Details

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 Executive Vice President and Chief Financial Officer
Stacy D. Krause Senior Vice President, General Counsel and Secretary
Peter J. Flynn Senior 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
Orrin H. Bean Treasurer

Latest SEC Filings

Date Type Title
May 31, 2023 SD Form - SD
May 18, 2023 8-K Current Report
May 16, 2023 144 Filing
May 10, 2023 10-Q Quarterly Report
May 2, 2023 8-K Current Report
Mar 29, 2023 DEFA14A Additional definitive proxy soliciting materials and Rule 14(a)(12) material
Mar 29, 2023 DEF 14A Other definitive proxy statements
Mar 28, 2023 ARS Filing
Mar 16, 2023 PRE 14A Other preliminary proxy statements
Feb 28, 2023 10-K Annual Report