NEWS

Kadant awarded $10 Million in Orders for Fiber Processing Equipment

Thursday, Feb 05, 2015

Kadant Inc. (KAI) announced it received two orders totaling approximately $10 million from leading paper producers in Taiwan and the U.S. for virgin and recycled fiber processing equipment used in the production of paper and packaging. The orders were booked in the first quarter of 2015.

“These orders get us off to a good start in 2015 and reinforce the importance our customers place on investing in technologies that optimize energy utilization while reducing water consumption as they seek to develop new competitive advantages in their end markets,” commented Jonathan W. Painter, president and chief executive officer of Kadant.

 

Source : http://finance.yahoo.com/

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