Kadant Inc (KAI)

Kadant Inc. is an industrial company that supplies technologies and engineered systems to customers worldwide. Its operations are organized into three segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment focuses on fluid-handling systems and related equipment, including rotary joints, syphons, expansion joints, steam and condensate systems, doctor systems, cleaning showers, fabric-conditioning systems, forming systems, wear surfaces, and water-filtration systems. The Industrial Processing segment provides equipment and technologies such as debarkers, stranders, chippers, engineered knife systems, industrial automation and control products, recycling and approach flow systems, virgin pulping equipment, boiler cleaning technologies, and screw presses. The Material Handling segment supplies vibratory and conveying equipment, baling components and systems for recyclable and waste materials, and fiber-based products. Kadant sells through direct channels, independent sales agents, and distributors. The company was incorporated in 1991, previously operated as Thermo Fibertek, Inc., and adopted the Kadant Inc. name in July 2001. It is headquartered in Westford, Massachusetts, and its common stock is listed on the NYSE under the symbol KAI.

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