Kadant Inc - Company Profile
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Kadant Inc (Kadant) is a global supplier of equipments and engineered systems for process industries worldwide. The company focuses on fiber processing, fluid handling, doctoring, cleaning, filtration, wood processing systems, and bulk material handling. Kadant's major products include rotary joints, syphons, turbulator bars, expansion joints, and engineered steam and condensate systems. Notable brands associated with Kadant include AES, Balemaster, Black Clawson, Carmanah, Clouth, Goslin, Johnson, Lamort, Link-Belt, Nicholson, Noss, PAAL, Syntron, Unaflex, Valon Kone, and Vickery. The company's products serve a diverse customer base across industries such as paper, packaging, tissue, wood products, mining, metals, food processing, and recycling. It operates through a network of subsidiaries and distribution partners worldwide. The company targets global markets with a significant presence in Americas, Europe and Asia. Kadant is headquartered in Westford, Massachusetts, the US.
Headquarters
United States of America
Address
1 Technology Park Dr, Westford, Massachusetts, 01886
Website
www.kadant.com
Telephone
1 302 6365400
No of Employees
3,900
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
KAI (NYSE)
Revenue (2024)
$1.1B
-0.1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-8.6%
(2024 vs 2023)
Market Cap*
$4.0B
Net Profit Margin (2024)
XYZ
-8.5%
(2024 vs 2023)
* As of and is in US$
Kadant Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| - | Spare parts and repairs |
| Fiber Processing: | training |
| Virgin Pulping Process Equipment | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Acquisitions/Mergers/Takeovers | In April, the company acquired voestalpine BOHLER Profil GmbH & Co KG and voestalpine BÖHLER Profil VerwaltungsGmbH. |
| 2025 | Contracts/Agreements | In December, Kadant Fiberline (China) Co., Ltd. secured a contract for PM22 and PM26 OCC systems for PM25 by Wuzhou Paper in Hubei, China. |
| 2025 | Contracts/Agreements | In December, Kadant Fiberline (China) Co., Ltd secured a contract for an OCC system and a reject recovery system for Longyuan Paper in Zhoukou, China. |
Competitor Comparison
| Key Parameters | Kadant Inc | Ingersoll Rand Inc | Applied Industrial Technologies Inc | MKS Inc | Watts Water Technologies Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Westford | Davidson County | Cleveland | Andover | North Andover |
| State/Province | Massachusetts | North Carolina | Ohio | Massachusetts | Massachusetts |
| No. of Employees | 3,900 | 21,000 | 6,859 | 10,300 | 5,700 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Jeffrey L. Powell | Chief Executive Officer; Director; President | Executive Board | 2019 | 67 |
| Michael J. McKenney | Chief Financial Officer; Executive Vice President | Senior Management | 2018 | 64 |
| Deborah S. Selwood | Chief Accounting Officer; Senior Vice President | Senior Management | 2019 | 57 |
| Jonathan W. Painter | Chairman | Non Executive Board | 2020 | 67 |
| Stacy D. Krause | General Counsel; Secretary; Senior Vice President | Senior Management | 2021 | 49 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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