Displaying items by tag: Kadant

Kadant Inc. (NYSE:KAI) announced it received orders totaling $7 million from two paper producers in North America for chemical pulping equipment and a recycled fiber processing line. The chemical pulping equipment will be used to recover chemicals in the kraft pulping process and the recycled fiber processing system for the production of linerboard. The orders were booked in the fourth quarter of 2015 and are expected to ship in 2016.

“We are pleased to have been selected to supply the fiber processing system for these significant projects which reinforces our leading position in both chemical pulping equipment and recycled fiber processing systems used in the production of packaging”

“We are pleased to have been selected to supply the fiber processing system for these significant projects which reinforces our leading position in both chemical pulping equipment and recycled fiber processing systems used in the production of packaging,” said Jonathan W. Painter, president and chief executive officer of Kadant.

About Kadant

Kadant Inc. is a global supplier of high-value, critical components and engineered systems used in process industries worldwide. The Company’s products, technologies, and services play an integral role in enhancing process efficiency, optimizing energy utilization, and maximizing productivity in resource-intensive industries. Kadant is based in Westford, Massachusetts, with revenues of $402 million in fiscal 2014 and 1,800 employees in 18 countries worldwide. For more information, visit www.kadant.com.

Kadant Inc. has just announced it received an order totaling approximately $3 million from a tissue producer in Latin America for a fiber processing line to produce pulp from virgin fiber and recycled “mill broke” fiber. The turnkey project features Kadant’s new compact fiber processing system concept designed specifically for virgin fiber pulping applications.

“This turnkey order includes some of our latest design concepts in fiber processing equipment that more efficiently and effectively produce pulp from both virgin and recycled sources allowing the producer to compete more cost-effectively.”

“As a well-regarded supplier of recycled fiber processing equipment, we are pleased to be recognized for our advances in virgin fiber processing equipment with this order from a major tissue producer in Latin America,” said Jonathan W. Painter, president and chief executive officer of Kadant. “This turnkey order includes some of our latest design concepts in fiber processing equipment that more efficiently and effectively produce pulp from both virgin and recycled sources allowing the producer to compete more cost-effectively.”

About Kadant

Kadant Inc. is a global supplier of high-value, critical components and engineered systems used in process industries worldwide. The Company’s products, technologies, and services play an integral role in enhancing process efficiency, optimizing energy utilization, and maximizing productivity in resource-intensive industries. Kadant is based in Westford, Massachusetts, with revenues of $402 million in fiscal 2014 and 1,800 employees in 18 countries worldwide. For more information, visit www.kadant.com.

Kadant Nordic AB, a subsidiary of Kadant Inc. (NYSE:KAI), announced that it has combined Kadant Johnson Scandinavia AB and Kadant M-Clean AB and will operate these businesses under the name of Kadant Nordic AB. Kadant Nordic AB offers Kadant’s Fluid-Handling and Doctoring, Cleaning, & Filtration product lines to the paper and other process industries in Sweden, Finland, Denmark, Iceland, and Norway.

Joakim Östling, managing director of Kadant Johnson Scandinavia, has been appointed managing director of Kadant Nordic, and Daniel Strom, sales manager at Kadant M-Clean, has been appointed sales director at Kadant Nordic. The company’s primary office will be located in Huskvarna, Sweden with sales and service personnel located throughout the Nordic region.

Kadant Nordic AB, based in Huskvarna, Sweden, is a leading provider of paper machine fabric and roll cleaning systems. Its fluid-handling products and systems are used in papermaking and other industrial processes to enhance process efficiency and optimize energy utilization.

Kadant Inc. is a global supplier of high-value, critical components and engineered systems used in process industries worldwide. The company’s products, technologies, and services play an integral role in enhancing process efficiency, optimizing energy utilization, and maximizing productivity in resource-intensive industries. Kadant is based in Westford, Massachusetts, with revenues of $402 million in fiscal 2014 and 1,800 employees in 18 countries worldwide. For more information, visit www.kadant.com.

The following constitutes a “Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements that involve a number of risks and uncertainties, including forward-looking statements about our products and technologies. Our actual results may differ materially from these forward-looking statements as a result of various important factors, including those set forth under the heading "Risk Factors" in Kadant’s quarterly report on Form 10-K for the year ended January 3, 2015 and subsequent filings with the Securities and Exchange Commission. These include risks and uncertainties relating to adverse changes in global and local economic conditions; the variability and difficulty in accurately predicting revenue from large capital equipment and systems projects; the variability and uncertainties in sales of capital equipment in China; currency fluctuations; our customers’ ability to obtain financing for capital equipment projects; changes in government regulations and policies; the oriented strand board market and levels of residential construction activity; development and use of digital media; price increases or shortages of raw materials; dependence on certain suppliers; international sales and operations; disruption in production; our acquisition strategy; our internal growth strategy; competition; soundness of suppliers and customers; our effective tax rate; future restructurings; soundness of financial institutions; our debt obligations; restrictions in our credit agreement; loss of key personnel; reliance on third-party research; protection of patents and proprietary rights; failure of our information systems or breaches of data security; fluctuations in our share price; and anti-takeover provisions. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

Kadant Inc. recently expanded its product lines with the acquisition of M-Clean Papertech AB, a Europe-based supplier of paper machine fabric and roll cleaning systems. The acquisition was completed in May 2011 and the company will be re-named Kadant M-Clean AB. Based in Husqvarna, Sweden, Kadant M-Clean AB manufactures the MultiJet™ modular cleaning system used for fabric and roll cleaning. The acquisition of the high-efficiency cleaning product line expands Kadant's water-management product line and will be sold and serviced by Kadant's existing global sales and service network.

"With more than 350 installations throughout Europe, China, and Asia-Pacific, the MultiJet product line adds increased depth to Kadant's water-management offerings to the paper industry and further strengthens our market position in Europe and China," said Jonathan W. Painter, president and chief executive officer of Kadant Inc. "The high-performance cleaning system has demonstrated success in helping papermakers extend fabric life and improve machine runnability and we are looking forward to completing the integration of the M-Clean business into our organization."

Kadant Inc. (NYSE:KAI) has announced that it has received orders totaling $18.1 million from two pulp and paper producers in Chile and the U.S. for chemical pulping equipment and a recycling system. The chemical pulping equipment will be used to recover chemicals in the kraft pulping process and the stock-preparation recycling system will be used to process recycled fiber for use in paper production.

Kadant also announced that it has been awarded contracts to provide chemical pulping equipment and a stock-preparation system with a combined value of $17.5 million from pulp and paper producers in Russia and China. Included in this total is a $6.1 million pending order from China that was previously disclosed during the Company's second quarter earnings call on July 28, 2011. The remaining contract awards are from a pulp and paper producer in Russia, and consist of a pending order for $4.2 million and a letter of intent for a second order for $7.2 million, for which the Company expects to receive the signed contract and down payment in the current quarter. The Company has received signed contracts for the pending orders, but will not record them as orders until the down payments are received, which is expected to occur in the third quarter of 2011. The timing and receipt of the down payments and the expected order are subject to a number of uncertainties, and there can be no assurance the Company will be able to record and recognize revenue on these pending or expected orders.

"Our selection for these large projects from Russia, China, Chile, and the U.S. demonstrate our strong position in markets around the world as well as highlight the value of Kadant's application expertise in pulping and fiber processing," said Jonathan W. Painter, president and chief executive officer of Kadant. "We were pleased to have been recognized for our product innovation, equipment reliability, and energy efficient offerings as our customers continue to seek solutions to improve energy utilization, fiber yield, and productivity. As noted during our recent earnings call, we expect to report a solid bookings performance in the third quarter of 2011."

SOURCE: Kadant Inc.

m-clean papertech AB was acquired by Kadant Inc. – a leading supplier of technology-based products and solutions to process industries around the globe.

Our name will become Kadant m-clean AB.

In addition to our name change, we will be expanding our sales coverage to include Kadant’s global selling team supporting nearly 200 countries around the globe.

For more than a century, Kadant has been delivering smart and efficient solutions to process industries worldwide. As a leader in fiber processing, fluid handling, water management, and doctoring systems, Kadant equipment plays a critical role in nearly every stage of paper making and paper recycling, enhancing process efficiency and product quality for its customers.

We are excited about this new chapter in our company's history and the prospects it holds for us and for you. M-clean products and solutions will be a key component of Kadant’s continued innovation and success. And with your on-going support, we are confident we can provide you with even better products, service, and support.

Kadant Johnson Systems, a division of Kadant Johnson Inc., has expanded its audit services for dryer systems to now include water management studies for the wet end of the paper machine. The wet end water system audit service consists of a comprehensive evaluation of paper machine water systems, showering, and white water reuse.


"We are very encouraged by the positive responses that we have already received to this new offering from paper mills that are trying to reduce energy and water consumption," said Ken Hill, president of Kadant Johnson Systems. "Because paper drying and water systems are two primary areas of steam use during paper production, the addition of water system audits to our product line offers our customers greater insights into total paper machine steam use and was a natural extension of our dryer and steam system audit services."

The wet end optimization studies are offered through Kadant Johnson Systems with support from the Kadant Solutions Division and Kadant Johnson Inc. technical centers in Glens Falls, New York and Three Rivers, Michigan respectively.

Kadant Johnson Inc., a subsidiary of Kadant Inc., is a leading provider of rotary joints, precision unions, and dryer drainage and control systems to process industries, where we optimize heat transfer in rotating cylinders and integrate fluid-handling systems. Our Kadant Johnson Systems division, based in Lenoir City, Tennessee, provides comprehensive dryer system audits, wet end optimization studies, and dryer drainage systems and controls.

Kadant is a leading supplier to the global pulp and paper industry. Our stock-preparation, fluid-handling, doctoring, and water-management equipment and systems are designed to increase efficiency and improve quality in pulp and paper production. Many of our products, particularly in our fluid-handling product line, are also used to optimize production in other process industries. In addition, we produce granules from papermaking byproducts for agricultural and lawn and garden applications. Kadant is based in Westford, Massachusetts, with revenues of $270 million in 2010 and 1,600 employees in 16 countries worldwide. For more information, visit www.kadant.com.

Kadant Canada Corp., a subsidiary of Kadant Inc., has completed the acquisition of Filtration Fibrewall Inc., a Canada-based supplier of pressure screen baskets and a dewatering equipment product line from a related company. The dewatering equipment, which includes twin wire presses and screw presses, extends Kadant’s fiber processing offerings and will be sold worldwide through the company’s existing sales organization.

The patent-pending Fibrewall screen cylinder design features non-welded construction, built in the round, to minimize stress and distortion and allow for maximum screening efficiency. The robust mechanical assembly and high-precision wire positioning system allow for tight slot width tolerances and a high degree of consistency. As a result, the Fibrewall cylinder maximizes screening efficiency and provides for a high capacity flow through the pressure screen in both virgin and recycled fiber applications.

“This technology-based acquisition serves to enhance our product offering to pulp and paper mills and we believe it is the top performing screen basket in the market today,” said Jeffrey L. Powell, senior vice president of Kadant Inc. “We have seen a number of Fibrewall screen baskets performing well in extremely challenging applications, including several running in Kadant equipment. We are very pleased to extend our fiber processing product offerings with the Fibrewall screen basket technology and the dewatering equipment as a result of this acquisition.”

Kadant Inc. is a leading supplier to the global pulp and paper industry, with a range of products and services for improving efficiency and quality in pulp and paper production, including paper machine accessories and systems for stock preparation, fluid handling, and water management. Our fluid-handling products are also used to optimize production in the steel, rubber, plastics, food, and textile industries. In addition, we produce granules from papermaking byproducts for agricultural and lawn and garden applications. Kadant is based in Westford, Massachusetts, with revenues of $226 million in 2009 and 1,600 employees in 16 countries worldwide. For more information, visit www.kadant.com.

The following constitutes a “Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements that involve a number of risks and uncertainties, including forward-looking statements about our products, technologies, and customers. Important factors that could cause actual results to differ materially from those indicated by such statements are set forth under the heading “Risk Factors” in Kadant’s quarterly report on Form 10-Q for the period ended April 3, 2010. These include risks and uncertainties relating to worldwide and local economic conditions as well as the pulp and paper industry; significance of sales and operation of manufacturing facilities in China; international sales and operations; our debt obligations; restrictions in our credit agreement and compliance with covenants; future restructurings; competition; soundness of suppliers and customers; soundness of financial institutions; litigation and warranty costs related to our discontinued operation; our acquisition strategy; factors influencing our fiber-based products business; protection of patents and proprietary rights; fluctuations in our share price; and anti-takeover provisions. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.