KADANT INC. (NYSE:KAI) Files An 8-K Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition.
financial results for the fiscal quarter and year ended December
31, 2016. The full text of the press release issued in connection
with the announcement is furnished as Exhibit 99 to this Current
Report on Form 8-K.
be deemed filed for purposes of Section 18 of the Securities
Exchange Act of 1934 (the Exchange Act) or otherwise subject to
the liabilities of that section, nor shall it be deemed
incorporated by reference in any filing under the Securities Act
of 1933 or the Exchange Act, except as expressly set forth by
specific reference in such a filing.
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(d) Exhibit
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The following exhibit relating to Item 2.02 shall be
deemed to be furnished and not filed. |
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Exhibit
No.
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Description of Exhibit
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Press Release issued by the Company on February 23,
2017. |
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About KADANT INC. (NYSE:KAI)
Kadant Inc. is a supplier of equipment used in process industries. The process industries, including papermaking, paper recycling and oriented strand board (OSB), an engineered wood panel product used primarily in home construction. In addition, the Company manufactures granules made from papermaking byproducts. It operates in two segments: Papermaking Systems and Wood Processing Systems, and a separate product line, Fiber-based Products. Through its Papermaking Systems segment, it develops, manufactures and markets a range of equipment and products for the papermaking, paper recycling and other process industries. Through its Wood Processing Systems segment, it designs, manufactures and markets stranders and related equipment. Through its Fiber-based Products business, the Company produces biodegradable, absorbent granules from papermaking byproducts for use as carriers for agricultural, home lawn and garden, and professional lawn, turf and ornamental applications. KADANT INC. (NYSE:KAI) Recent Trading Information
KADANT INC. (NYSE:KAI) closed its last trading session down -0.40 at 61.70 with 27,005 shares trading hands.