Company

Kadant Inc.

Headquarters: Westford, MA, United States

Founded: 1991 

Employees: 2,900

CEO: Mr. Jeffrey L. Powell

NYSE: KAI +0.54%

Market Cap

$3.49 Billion

USD as of July 1, 2024

Market Cap History

Kadant Inc. market capitalization over time

Evolution of Kadant Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of Kadant Inc.

Detailed Description

Kadant Inc. supplies technologies and engineered systems worldwide. It operates through three segments: Flow Control, Industrial Processing, and Material Handling. The Flow Control segment develops, manufactures, and markets fluid-handling systems and equipment, such as rotary joints, syphons, turbulator bars, expansion joints, and engineered steam and condensate systems; and doctoring, cleaning, and filtration systems and related consumables, consisting of doctor systems and holders, doctor blades, shower and fabric-conditioning systems, formation systems, and water-filtration systems. The Industrial Processing segment develops, manufactures, and markets ring and rotary debarkers, stranders, chippers, logging machinery, industrial automation and control systems, recycling and approach flow systems, and virgin pulping process equipment for use in the packaging, tissue, wood products, and alternative fuel industries. The Material Handling segment offers conveying and vibratory equipment, and balers and related equipment; and manufactures and sells biodegradable absorbent granules for carriers in as carriers in agricultural, home lawn and garden, 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 incorporated in 1991 and is headquartered in Westford, Massachusetts.

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Stocks & Indices

Kadant Inc. has the following listings and related stock indices.


Stock: NYSE: KAI wb_incandescent

Stock: FSX: KDA wb_incandescent

Product & Services

Stock preparation systems, fluid handling systems, roll doctoring, cleaning and filtration, fiber-based granules

Key People

Jeffrey L. Powell (CEO, President and Director) Eric T. Langevin (COO) Jonathan W. Painter (Executive Chairman)

Details

Headquarters:

One Technology Park Drive

Westford, MA 01886

United States

Phone: 978 776 2000