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    Kadant Inc. (KAI)

    -NYSE
    44.86 Up 0.96(2.19%) Jul 28, 4:02PM EDT
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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

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

    Business Summary 

    Kadant Inc. supplies equipment used in papermaking, paper recycling, and other process industries primarily in North America, China, and Europe. The company operates in two segments, Papermaking Systems and Wood Processing Systems. The Papermaking Systems segment develops, manufactures, and markets a range of equipment and products, including custom-engineered stock-preparation systems and equipment for the preparation of wastepaper for conversion into recycled paper; fluid-handling systems used primarily in the dryer section of the papermaking process and during the production of corrugated boxboard, metals, plastics, rubber, textiles, chemicals, and food; doctoring systems and equipment, and related consumables to enhance the operation of paper machines; and cleaning and filtration systems for draining, purifying, and recycling process water and cleaning paper machine fabrics and rolls. The Wood Processing Systems segment designs and manufactures stranders and related equipment used in the production of oriented strand board (OSB), an engineered wood panel product used primarily in home construction. This segment also supplies debarking and wood chipping equipment used in the forest products and the pulp and paper industries. The company also produces and sells biodegradable absorbent granules from papermaking byproducts primarily for agricultural, home lawn and garden, and 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 founded in 1991 and is headquartered in Westford, Massachusetts.

    Key Statistics


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    Corporate Governance 
    Kadant Inc.’s ISS Governance QuickScore as of Jul 1, 2015 is 6. The pillar scores are Audit: 2; Board: 9; Shareholder Rights: 5; Compensation: 7.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
     PayExercised
    Mr. Jonathan W. Painter , 56
    Chief Exec. Officer, Pres and Director
    1.31M0.00
    Mr. Eric T. Langevin , 52
    Chief Operating Officer and Exec. VP
    764.00K0.00
    Ms. Sandra L. Lambert , 59
    VP, Gen. Counsel and Sec.
    522.00K111.00K
    Mr. Jeffrey L. Powell , 56
    Exec. VP
    724.00K0.00
    Mr. Michael J. McKenney , 53
    Chief Financial Officer and Sr. VP
    N/AN/A
    Amounts are as of Dec 31, 2014 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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