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286.60001 USD
4.01
1.38%
Last update Apr 2, 3:59 PM EDT
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Day range
280.10001
295.38000
Previous close
290.60999
Open
283.48001
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Kadant Inc.
286.60
4.01
1.38%

Overview

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Description

Kadant Inc. is a global supplier of high-value, critical components and engineered systems used predominantly in process industries. The company plays a pivotal role in optimizing the efficiency and sustainability of industries such as paper, wood processing, and textiles. Kadant's offerings include stock-preparation equipment, fluid handling systems, and papermaking accessories that enhance performance, reduce waste, and conserve energy. With a strong focus on innovation, Kadant frequently develops new technologies that cater to the evolving needs of manufacturers. This ensures operational improvements and cost reductions across various production lines. Headquartered in Westford, Massachusetts, Kadant Inc.'s operations extend worldwide, underscoring its significance in the industrial sector. By supporting sustainable production and maintenance practices, Kadant contributes to the long-term ecological and economic objectives of modern manufacturing processes.

About

CEO
Mr. Jeffrey L. Powell
Employees
3900
Address
One Technology Park Drive
Westford, 01886, MA
United States
Phone
978 776 2000
Website
Instrument type
Common stock
Sector
Industrials
Industry
Specialty Industrial Machinery
Country
United States
MIC code
XNYS
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Latest press releases

Feb 13, 2025
Kadant Set to Join S&P SmallCap 600

NEW YORK, Feb. 13, 2025 /PRNewswire/ -- Kadant Inc. (NYSE: KAI) will replace Inari Medical Inc. (NASD: NARI) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, February 19. S&P 500 constituent Stryker Corp. (NYSE: SYK) is acquiring Inari Medical in a deal expected to be completed soon, pending final closing conditions.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date

Index Name     

Action

Company Name

Ticker

GICS Sector

February 19, 2025

S&P SmallCap 600

Addition

Kadant

KAI

Industrials

February 19, 2025

S&P SmallCap 600

Deletion

Inari Medical

NARI

Health Care

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Cision View original content:https://www.prnewswire.com/news-releases/kadant-set-to-join-sp-smallcap-600-302376612.html

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Market closed

Pre-market opens in 2 days 1 hour 34 minutes
Main market opens in 2 days 7 hours 4 minutes

02:26
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).