Kadant Inc. (NYSE: KAI) is a global supplier of high-value, critical components and engineered systems used in process industries worldwide. Our products, technologies, and services play an integral role in enhancing process efficiency, optimizing energy utilization, and maximizing productivity in resource-intensive industries. While Kadant is a relatively new name, and became a fully independent public company in 2001, many of our businesses have been serving industrial customers for more than 100 years. Our major product brands, sold under the Kadant name through our subsidiaries, include well-known industry names such as AES, Black Clawson (stock preparation), Carmanah, Goslin, Johnson, Lamort, Lodding, Vickerys, Noss, and PAAL. Kadant is based in Westford, Massachusetts, USA with approximately 2,800 employees worldwide. Our stock trades on the New York Stock Exchange under the symbol KAI. Kadant brand products and services are sold to industries worldwide through our subsidiaries located in North America, South America, Europe, and Asia.