Kadant, Inc. Stock, NYSE:KAI
1 Technology Park Drive, Westford, Massachusetts 01886-3159
United States of America
Number of Employees: 3100
Kadant Inc. is a global supplier of critical components and engineered systems used in process industries worldwide. The firmÃ¢â?¬â?¢s products, technologies, and services play an integral role in enhancing process efficiency, optimizing energy utilization, and maximizing productivity in resource-intensive industries. It operates through the following segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment provides custom-engineered products, systems, and technologies that control the flow of fluids used in industrial and commercial applications to keep critical processes running efficiently in the packaging, tissue, food, metals, and other industrial sectors. It consists of fluid-handling and doctoring, cleaning, & filtration product lines. The Industrial Processing segment provides equipment, machinery, and technologies used to recycle paper and paperboard and process timber for use in the packaging, tissue, wood products and alternative fuel industries, among others. In addition, the firm provides industrial automation and digitization solutions to process industries. It consists of wood processing and stock-preparation product lines. The Material Handling segment provides products and engineered systems used to handle bulk and discrete materials for secondary processing or transport in the aggregates, mining, food, and waste management industries, among others. In addition, the firm manufactures and sells biodegradable, absorbent granules used as carriers in agricultural applications and for oil and grease absorption. The Material Handling segment consists of conveying and screening, baling, and fiber-based product lines. The company was founded in November 1991 and is headquartered in Westford, MA.