KAI - Kadant - Stock Price & Dividends

Kadant Inc. is a global technology and engineered systems provider, operating across three main segments: Flow Control, Industrial Processing, and Material Handling.

The Flow Control segment is dedicated to designing, manufacturing, and marketing a range of fluid-handling systems and equipment. This includes rotary joints, syphons, turbulator bars, expansion joints, and engineered steam and condensate systems. Additionally, the company offers doctoring, cleaning, and filtration systems, as well as related consumables such as doctor systems, doctor blades, cleaning shower and fabric-conditioning systems, forming systems, and water-filtration systems. These solutions are essential for industries that rely on efficient fluid handling and processing.

The Industrial Processing segment focuses on developing, manufacturing, and marketing equipment and systems for various industries, including packaging, tissue, wood products, and alternative fuel. The company's product range in this segment includes ring and rotary debarkers, stranders, chippers, engineered knife systems, industrial automation and control systems, recycling and approach flow systems, and virgin pulping process equipment. These solutions enable customers to optimize their production processes, improve efficiency, and reduce costs.

The Material Handling segment offers a diverse range of conveying and vibratory equipment, as well as baling products. Furthermore, the company manufactures and sells biodegradable absorbent granules, which are used in various applications such as agricultural, home lawn and garden, professional lawn, turf, and ornamental industries, as well as for oil and grease absorption. These granules provide an eco-friendly solution for industries that require absorbent materials.

Kadant Inc. markets and sells its products, services, and systems through a combination of direct sales, independent sales agents, and distributors. This multi-channel approach enables the company to reach a broad customer base across the globe.

Founded in 1991, Kadant Inc. was previously known as Thermo Fibertek, Inc. before changing its name in July 2001. The company is headquartered in Westford, Massachusetts, and operates globally, providing innovative solutions to various industries. For more information, visit their website at https://www.kadant.com.