Westford

Kadant Declares Cash Dividend

Retrieved on: 
Thursday, November 18, 2021
Private Securities Litigation Reform Act, Security (finance), Government, Insurance, Risk, Industry, European Union, Acquisition, NYSE, LIBOR, Compliance, Health, Cyprus Securities and Exchange Commission, Annual report, COVID-19, Information, Coal, Intellectual property, GLOBE, Board of directors, Board, Climate change, Efficiency, Union, United, Mining, KAI, Kadant, Risk management

WESTFORD, Mass., Nov. 18, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.25 per share to be paid on February 3, 2022 to stockholders of record as of the close of business on January 6, 2022.

Key Points: 
  • WESTFORD, Mass., Nov. 18, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.25 per share to be paid on February 3, 2022 to stockholders of record as of the close of business on January 6, 2022.
  • Kadant Inc. is a global supplier of high-value, critical components and engineered systems used in process industries worldwide.
  • Kadant is based in Westford, Massachusetts, with approximately 2,900 employees in 21 countries worldwide.
  • The following constitutes a Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements that involve a number of risks and uncertainties, including forward-looking statements about our business, financial performance, and cash dividend program.

Kadant to Hold Earnings Conference Call on Wednesday, November 3, 2021

Retrieved on: 
Thursday, October 28, 2021
Efficiency, GLOBE, Company, NYSE, Webcast, Kadant, KAI

WESTFORD, Mass., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2021 third quarter results after the market closes on Tuesday, November 2, 2021 and will hold a webcast the next day, Wednesday, November 3, 2021 at 11:00 a.m. eastern time.

Key Points: 
  • WESTFORD, Mass., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2021 third quarter results after the market closes on Tuesday, November 2, 2021 and will hold a webcast the next day, Wednesday, November 3, 2021 at 11:00 a.m. eastern time.
  • To listen to the call live, go to the Investors section of the Companys website at www.kadant.com .
  • The earnings release and webcast presentation will be posted in the Investors section of the Companys website.
  • A replay of the webcast will be available on the Companys website through December 3, 2021.

Kadant Achieves Goal of Sourcing 100% of its Electricity from Renewable Resources

Retrieved on: 
Thursday, September 30, 2021
Insurance, Annual report, Compliance, Efficiency, Achievement, Climate change, Risk, ESG, Security (finance), Health, Private Securities Litigation Reform Act, U.S. Securities and Exchange Commission, LIBOR, Acquisition, Company, Natural Resources, European Union, Mining, COVID-19, Union, Information, KAI, Intellectual property, United, Electricity, NYSE, Coal, Government, Industry, GLOBE, Renewable energy

The Company purchased renewable energy certificates, representing electricity generated from renewable resources, covering all non-renewable electricity usage across all its businesses.

Key Points: 
  • The Company purchased renewable energy certificates, representing electricity generated from renewable resources, covering all non-renewable electricity usage across all its businesses.
  • This achievement was the next step in our ongoing sustainability commitment to move away from traditional sources of electricity generation and supporting cleaner renewable energy alternatives, said Jeffrey L. Powell, president and chief executive officer of Kadant.
  • I am proud of the progress our businesses have been making to further reduce our energy consumption while helping our customers efficiently use renewable natural resources in their manufacturing processes.
  • Kadant Inc. is a global supplier of high-value, critical components and engineered systems used in process industries worldwide.

Kadant Declares Cash Dividend

Retrieved on: 
Thursday, September 9, 2021

WESTFORD, Mass., Sept. 09, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.25 per share to be paid on November 11, 2021 to stockholders of record as of the close of business on October 14, 2021.

Key Points: 
  • WESTFORD, Mass., Sept. 09, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.25 per share to be paid on November 11, 2021 to stockholders of record as of the close of business on October 14, 2021.
  • Kadant Inc. is a global supplier of high-value, critical components and engineered systems used in process industries worldwide.
  • Kadant is based in Westford, Massachusetts, with approximately 2,900 employees in 21 countries worldwide.
  • The following constitutes a Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements that involve a number of risks and uncertainties, including forward-looking statements about our business, financial performance, and cash dividend program.

Kadant Acquires Leading U.S. Baler Manufacturer

Retrieved on: 
Monday, August 23, 2021
Union, Industry, Webcast, Private Securities Litigation Reform Act, Annual report, U.S. Securities and Exchange Commission, Acquisition, Plant, GLOBE, Insurance, Security (finance), Mining, Efficiency, European Union, Government, United, KAI, Risk, Health, Coal, Intellectual property, Information, NYSE, Recycling, Compliance, Culture, LIBOR, Climate change, COVID-19, Animal, Risk management

Balemaster is a leading U.S. manufacturer of horizontal balers and related equipment used primarily for recycling packaging waste at corrugated box plants and large retail and distribution centers.

Key Points: 
  • Balemaster is a leading U.S. manufacturer of horizontal balers and related equipment used primarily for recycling packaging waste at corrugated box plants and large retail and distribution centers.
  • The company is a market leader in North America and its strong aftermarket business fits well with Kadant.
  • Kadant will hold a conference call and webcast on Tuesday, August 24, 2021 at 9:30 a.m. eastern time to discuss the acquisition.
  • Kadant Inc. is a global supplier of high-value, critical components and engineered systems used in process industries worldwide.

Kadant to Hold Earnings Conference Call on Wednesday, August 4, 2021

Retrieved on: 
Thursday, July 29, 2021
Lluís Companys, Kadant, New York Stock Exchange, Westford, Massachusetts, Spanish politicians, Government of Spain, Politicians

WESTFORD, Mass., July 29, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2021 second quarter results after the market closes on Tuesday, August 3, 2021 and will hold a webcast the next day, Wednesday, August 4, 2021 at 11:00 a.m. eastern time.

Key Points: 
  • WESTFORD, Mass., July 29, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced it will release its 2021 second quarter results after the market closes on Tuesday, August 3, 2021 and will hold a webcast the next day, Wednesday, August 4, 2021 at 11:00 a.m. eastern time.
  • To listen to the call live, go to the Investors section of the Companys website at www.kadant.com .
  • The earnings release and webcast presentation will be posted in the Investors section of the Companys website.
  • A replay of the webcast will be available on the Companys website through September 3, 2021.

Kadant to Acquire German Blade Manufacturer Joh. Clouth

Retrieved on: 
Thursday, June 17, 2021
Kadant, Westford

WESTFORD, Mass., June 17, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE:KAI) has entered into a definitive agreement to acquire Joh.

Key Points: 
  • WESTFORD, Mass., June 17, 2021 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE:KAI) has entered into a definitive agreement to acquire Joh.
  • Clouth GmbH & Co. KG and its affiliates (Clouth) for approximately 78 million Euros in cash, subject to certain customary adjustments.
  • Clouth is a leading manufacturer of doctor blades and related equipment used in the production of paper, packaging, and tissue.
  • We are delighted to welcome Clouth employees to the Kadant family.

Symetrica Ltd Announces New Chief Executive Officer

Retrieved on: 
Tuesday, June 8, 2021
Engineering, Security, Technology, Manufacturing, Mobile, Wireless, Software, Hardware, Analogic Corporation, Westford, Leidos, Zanin, Companies, Service companies, Economy of the United States

Symetrica Limited today announced a change to its Group Chief Executive Officer.

Key Points: 
  • Symetrica Limited today announced a change to its Group Chief Executive Officer.
  • Mr. Davies is succeeded by Mr Eric Zanin who will become the Group Chief Executive Officer immediately and will principally be located at our US facility in Westford, Massachusetts.
  • Eric has held global executive positions in business development and general management with Analogic Corporation and Leidos Corporations Security Detection and Automation operation.
  • Symetrica is the market leader in the detection and identification of radioactive threats through its patented Discovery Technology portfolio.