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    Kadant Inc. (KAI)

    46.51 Up 0.46(1.00%) Mar 5, 4:02PM EST
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    Kadant Inc.
    One Technology Park Drive
    Westford, MA 01886
    United States - Map
    Phone: 978-776-2000
    Website: http://www.kadant.com

    Index Membership:N/A
    Sector:Industrial Goods
    Industry:Diversified Machinery
    Full Time Employees:1,800

    Business Summary 

    Kadant Inc. develops, manufactures, and markets a range of equipment and products for the papermaking, and paper recycling and processing industries. The company offers custom-engineered systems and equipments, such as recycling and approach flow systems, and virgin pulping process equipment, as well as individual components for pulping, de-inking, screening, cleaning, and refining recycled fiber for preparation for entry into the paper machine. It also provides doctoring systems, cleaning and filtration systems, and related consumables for the operation of paper machines; doctor blades for cleaning, creping, web removal, flaking, and the application of coatings; and profiling systems that control moisture, web curl, and gloss during paper converting. In addition, the company offers shower and fabric-conditioning, formation, and water-filtration systems that are used to clean paper machine fabrics and rolls, drain water from pulp mixtures, form the sheet or web, and filter the process water for reuse. Further, it provides fluid-handling systems, including rotary joints, syphons, turbulator bars, engineered steam and condensate systems, precision unions, and components and controls that are used primarily in the dryer section of the papermaking process, as well as in the production of corrugated boxboard, metals, plastics, rubber, textiles, chemicals, and food. Additionally, the company manufactures and sells biodegradable absorbent granules from papermaking byproducts primarily used as carriers for agricultural, home lawn and garden, professional lawn, turf, and ornamental applications, as well as for oil and grease absorption. It primarily has operations in the United States, China, and Europe. The company was formerly known as Thermo Fibertek Inc. and changed its name to Kadant Inc. in July 2001. Kadant Inc. was founded in 1991 and is headquartered in Westford, Massachusetts.

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    Corporate Governance 
    Kadant Inc.’s ISS Governance QuickScore as of Mar 1, 2015 is 6. The pillar scores are Audit: 2; Board: 6; Shareholder Rights: 5; Compensation: 7.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Jonathan W. Painter , 56
    Chief Exec. Officer, Pres and Director
    Mr. Thomas M. O'Brien , 63
    Chief Financial Officer and Exec. VP
    Mr. Eric T. Langevin , 52
    Chief Operating Officer and Exec. VP
    Ms. Sandra L. Lambert , 59
    VP, Gen. Counsel and Sec.
    Mr. Jeffrey L. Powell , 56
    Exec. VP
    Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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