Kadant Inc. (KAI) NYSE

330.86

-14.91(-4.31%)

Updated at March 06 04:00PM

Currency In USD

Kadant Inc.

Address

One Technology Park Drive

Westford, MA 01886

United States of America

Phone

978 776 2000

Sector

Industrials

Industry

Industrial - Machinery

Employees

3500

First IPO Date

November 03, 1992

Key Executives

NameTitlePayYear Born
Jeffrey L. PowellPresident, Chief Executive Officer & Director2.58M1959
Stacy D. KrauseSenior Vice President, General Counsel & Secretary888,5541977
Michael C. ColwellSenior Vice President972,8871966
Peter J. FlynnSenior Vice President972,8871951
Fredrik H. WesterhoutVice President1.02M1965
Michael J. McKenneyExecutive Vice President & Chief Financial Officer1.11M1962
Bilal MehmoodPresident of Kadant Solutions0N/A
Wesley A. MartzVice President of Marketing0N/A
Dara F. MitchellSenior Vice President of Corporate Development01969
Deborah S. SelwoodSenior VP & Chief Accounting Officer01969

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.