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Kadant Receives Orders of USD 26 Million
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Westford, Massachusetts, USA, 07 January 2008 --(BUSINESS WIRE)-- Kadant Inc. (NYSE:KAI) today announced that its Kadant Black Clawson Inc. subsidiary has received the second and final portion of an order for approximately USD 11 million from a kraft pulp mill in the United States to design, engineer, and procure materials for a six-effect falling film evaporation system.

The first portion of this order, which totaled USD 8 million, was announced in August 2007. The multiple effect evaporators remove water from the black liquor solution used to break down the wood fiber as part of the recovery and recycling of chemicals during the kraft pulping process.

Kadant also announced that its Kadant Black Clawson Inc. subsidiary has received the down payments for two pending orders totaling approximately USD 15 million for stock preparation systems from a leading linerboard producer in Asia. The systems will be used to produce linerboard from recycled fiber.

These orders were part of the USD 22 million of pending orders awaiting down payments previously announced in September 2007. The down payments for the remaining USD 7 million of these pending orders are anticipated to be received in the second quarter of 2008.

"The evaporation system, which will reduce energy consumption and simplify operations, shows the continued emphasis on energy savings valued by our customer base. The orders from Asia further demonstrate customer confidence in Kadant technology and reflect our strong market presence in that region" said William A. Rainville, chairman and chief executive officer of Kadant.

Kadant Inc. is a leading supplier to the global pulp and paper industry, with a range of products and services for improving efficiency and quality in pulp and paper production, including paper machine accessories and systems for stock preparation, fluid handling, and water management. Kadant's fluid-handling products are also used to optimize production in the steel, rubber, plastics, food, and textile industries. In addition, the company produces granules from papermaking byproducts for agricultural and lawn and garden applications. Kadant is based in Westford, Massachusetts. It had revenues of USD 342 million in 2006 and 2000 employees in 16 countries worldwide. For more information, visit www.kadant.com.

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