BNET Industries

Kadant Inc.

(KAI) is in the Manufacturing Industry

Market Cap:$183.5M
Last Fiscal Year Sales:$366.4M
  • Public
  • US
Dow Jones Description

Kadant Inc. is a leading supplier to the global pulp and paper industry, with a breadth of innovative products and services for increasing production efficiency, lowering operating costs, and improving quality in a range of process industries. Kadant Inc. consists of six premium brands that are market leaders in their specialized categories. Click on a name below to learn about the range of solutions our businesses offer for customers around the globe.

Chairman of the Board, President, and Chief Executive Officer
William A. Rainville
Number of Employees 1,800
Contact Information

1 Acton Pl Ste 202

Acton, Massachusetts 01720-3951

www.kadant.com

(978) 776-2000

NAICS Code Paper Industry Machinery Manufacturing: 333291

Recent Events

  • Kadant Reports Results for Third Quarter 2009

    11/05/09 - Financial Announcement - View Story

  • Shower System features modular components.

    9/09/09 - Product Announcement - View Story

  • Canaccord Adams Initiates Coverage on Kadant KAI with a Buy

    9/02/09 - Bond / Stock Rating - View Story

  • Kadant gains on executive team change

    8/23/09 - Board Member - Entering - View Story

  • Jonathan Painter to be Kadant CEO as of Jan. 3

    8/18/09 - Mgmt. Change Entering - Vice President - View Story

  • Human Capital: People on the Move, Aug. 18

    8/18/09 - Mgmt. Change Entering - CEO - View Story

  • Kadant Reports Results for Second Quarter 2009

    8/05/09 - Financial Announcement - View Story

  • Morning Movers 6/2: NAVR, HLND, DDUP, NTG Higher; EXFO, KAI, MOD, BCS, BKD, DAKT Lower

    6/02/09 - Bond / Stock Rating - View Story

News & Analysis

kadant inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Edward J. Sindoni Executive Vice President and Coo
Jonathan W. Painter Chief Operating Officer
Michael J. McKenney Vice President, Finance and Chief Accounting Officer
Thomas M. O'Brien Executive Vice President and Chief Financial Officer
Eric T. Langevin Senior Vice President
Edwin D. Healy Vice President
Jeffrey L. Powell Vice President
Sandra L. Lambert General Counsel, Secretary & Vice President
Wes Martz Vice President of Marketing
Daniel J. Walsh Treasurer
John K. Allen Director

Board of Directors

Name (plus bio) Position
William A. Rainville Chairman of the Board, President, and Chief Executive Officer
Francis L. McKone Chairman
John M Albertine Chairman
Joaquim S.S. Ribeiro Board of Directors
John C. Allen Board of Directors
Thomas C Leonard Board of Directors

Mr. Rainville, 67, has been our president and chief executive officer since our incorporation in 1991, a member of our board of directors since 1992, and chairman of our board of directors since August 2001. Mr. Rainville was chief operating officer, recycling and resource recovery, of Thermo Electron Corporation (now named Thermo Fisher Scientific Inc., “Thermo”), a manufacturer of high-tech instrumentation, from 1998 until our spinoff from Thermo in August 2001. He joined Thermo in 1972 and also served previously as a senior vice president and vice president. Prior to joining Thermo, Mr. Rainville held positions at Drott Manufacturing, Paper Industry Engineering and Sterling Pulp and Paper.

Organization Position Status
Kadant, Inc. Chairman of the Board, President, and Chief Executive Officer Current
Kadant, Inc. Board of Directors Former

Mr. Sindoni was named an executive vice president and our chief operating officer in March 2006 and is responsible for global operations. Prior to that, he served as a senior vice president from 2001 to 2006 with responsibility for our paper machine accessory equipment and water-management systems product lines. From 1992 to 2001, he served as a vice president. Prior to joining us in 1987, he had a 21-year career with the General Electric Company.

Organization Position Status
Kadant, Inc. Executive Vice President and Coo Current
Kadant, Inc. Board of Directors Current

Organization Position Status
Kadant, Inc. Chief Operating Officer Current
Kadant, Inc. Executive Vice President Current
Kadant, Inc. Board of Directors Current

Organization Position Status
Kadant, Inc. Vice President, Finance and Chief Accounting Officer Current
Kadant, Inc. Board of Directors Current

Organization Position Status
Kadant, Inc. Executive Vice President and Chief Financial Officer Current
Kadant, Inc. Board of Directors Current

Organization Position Status
Kadant, Inc. Senior Vice President Current
Kadant Web Systems, Inc. Senior Vice President Current
Kadant Web Systems, Inc. Board of Directors Current
Kadant Web Systems, Inc. President Former
Kadant, Inc. Board of Directors Former

Organization Position Status
Kadant, Inc. Vice President Current
Kadant, Inc. Board of Directors Current
Kadant Black Clawson Inc. President Former

Organization Position Status
Kadant, Inc. Vice President Current

Organization Position Status
Kadant, Inc. General Counsel, Secretary & Vice President Current
Kadant, Inc. Board of Directors Current

Organization Position Status
Kadant, Inc. Vice President of Marketing Current
Kadant, Inc. Board of Directors Current
Martz Marketing Group Founder and Principal of Martz Marketing Group Former

Organization Position Status
Kadant, Inc. Treasurer Current
Kadant, Inc. Treasurer Current

Mr. McKone, 74, has been a member of our board of directors since March 1998. Mr. McKone was chairman of the board of Albany International Corp., a worldwide supplier of paper machine fabrics, from 1998 until his retirement in 2001. He also served as the chief executive officer of Albany International Corp. from 1993 to 2000 and as its president from 1984 to 1998. Mr. McKone is currently a trustee of the Rensselaer Polytechnic Institute, and a trustee of Assumption College in Worcester, Massachusetts.

Organization Position Status
Kadant, Inc. Chairman Current
Kadant, Inc. Board of Directors Current
Assumption College Board of Directors Current
Joint Co Board of Directors Current
Kadant Web Systems, Inc. Board of Directors Current
Albany International Corp. Chief Executive Officer Former
Albany International Corp. Chairman of the Board Former

Organization Position Status
Albertine Enterprises, Inc Chief Executive Officer Current
Jj&B, LLC Principal Current
Integral Systems, Inc. Chairman of The Board and Independent Director Current
Kadant, Inc. Chairman Current
Albertine Enterprises, Inc Chairman Current
Intersections Inc. Board of Directors Current
The Fruit Company Vice Chairman Current
Diversinet Corp. Director Current
Kadant Web Systems, Inc. Board of Directors Current
The American Stock Exchange LLC Director Current
Joint Co Board of Directors Current
CCP Equity Partners Director Current
American Business Conference President Former
Albertine Enterprises, Inc President Former
Intersections Inc. Chairman of The Board Former
American Business Conference Chairman Former
SEMCO Energy, Inc. Chairman Former
Kadant, Inc. Director Former
Integral Systems, Inc. Director Former
University of Virginia Ph.D. In Economics Former

Organization Position Status
Kadant, Inc. Board of Directors Current

Organization Position Status
Kadant, Inc. Board of Directors Current

Organization Position Status
Wicn Co President Current
West Falmouth Associates LLC Partner Current
Kadant Web Systems, Inc. Partner, West Falmouth Associates (Management Consulting) Current
Joint Co Partner, West Falmouth Associates (Management Consulting) Current
Kadant Web Systems, Inc. Board of Directors Current
Kadant, Inc. Director Current
Wicn Co Board of Directors Current
Joint Co Director Current
Lawrence R. McCoy & Co., Inc. Chief Executive Officer Former
Lawrence R. McCoy & Co., Inc. President Former
Wpi Group, Inc Executive Former
Allen & Associates, Inc. Principal Former
Lawrence R. McCoy & Co., Inc. Chairman Former

Thomas C. Leonard – Mr. Leonard assumed the position of Senior Vice President - Finance, Treasurer and Chief Financial Officer of Pennichuck Corporation on July 7, 2008. From June 2006 until July 2008, he served as Vice President of CRA International, an economics and finance based litigation consulting firm in Boston, Massachusetts, where he was responsible for providing expert accounting services. From December 2002 to May 2006, Mr. Leonard served as Managing Director of Huron Consulting Group, a litigation consulting firm in Boston, Massachusetts and Washington D.C., where he evaluated financial matters and provided forensic analysis. He is a member of the Board of Directors of Kadant Corp. where he chairs the Audit Committee and is a member of the Compensation Committee. Mr. Leonard is a Certified Public Accountant and is 54 years old.

Organization Position Status
Pennichuck Corporation President, Finance Current
Pennichuck Corporation Chief Financial Officer Current
Kadant Web Systems, Inc. Chairman Current
Kadant, Inc. Board of Directors Current
Pennichuck Corporation Treasurer Current
Powerspan Corp Board of Directors Current
Huron Consulting Group Inc. Managing Director Former
Arthur Andersen LLP Senior Partner Former
Kadant Web Systems, Inc. Board of Directors Former
BayCorp Holdings, Ltd. Board Member Former
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     KAI $14.95 +0.11 (0.74% )
Intraday | 3 Month | 6 Month | 1 Year
Average Volume 43,064
Shares Outstanding 12.27M
Market Cap 183.5M
Year High 16.82
Year Low 6.5
Earnings Per Share -3.37
P/E Ratio -4.44
Dividend N/A
Yield N/A
IndustryTop Rated
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