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Kadant Receives USD 18 Million in Orders from Asia and Announces Pending Orders of USD 10 Million
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Westford, Massachusetts, USA, 07 March 2007 --(BUSINESS WIRE)-- Kadant Inc. (NYSE:KAI) today announced that its Kadant Black Clawson Inc. subsidiary has received three separate orders for stock-preparation systems with a combined value of approximately USD 18 million from a leading producer of linerboard in Asia.

Kadant Black Clawson has also been awarded two additional contracts for stock-preparation systems from customers in Asia, with a value in excess of USD 10 million that will be recorded as orders when the down payments are received. The down payments are currently expected in the second quarter of 2007. The timing and receipt of the down payments are subject to a number of uncertainties, and there can be no assurance the company will be able to record and recognize revenue on these contracts.

Kadant Black Clawson Inc., based in Mason, Ohio, is a leading fiberline process equipment supplier that designs, manufactures, and services equipment used in paper recycling, chemical pulping, and paper machine approach-flow applications.

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. The company also produces granules from papermaking byproducts for agricultural and lawn and garden applications. Kadant is based in Westford, Massachusetts. The company had revenues of USD 342 million in 2006. It has approximately 2000 employees in 16 countries worldwide. For more information, visit www.kadant.com.


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