Kadant, Inc. engages in the development, manufacture, and marketing of equipment and products for the papermaking and paper recycling industries. Its principal products include custom-engineered stock-preparation systems and equipment for the preparation of wastepaper for conversion into recycled paper; paper machine accessory equipment and related consumables for the efficient operation of paper machines; water-management systems for draining, purifying, and recycling process water; and fluid-handling systems used primarily in the dryer section of the papermaking process and during the production of corrugated boxboard, metals, plastics, rubber, textiles, and food. The company also produ...