Kadant receives order for $16 million from major paper producer in Asia

Kadant Inc. has received the largest single order in its history -- for approximately $16 million in stock-preparation systems from a leading paper producer in Asia. The equipment, to be supplied by the company's Kadant Black Clawson Inc. subsidiary, will be used to recover and process fiber from waste paper for the production of recycled linerboard and other packaging materials...

ACTON, MA, March 27, 2006 (BUSINESS WIRE) -- Kadant Inc. today announced that it has received the largest single order in its history -- for approximately $16 million in stock-preparation systems from a leading paper producer in Asia. The equipment, to be supplied by the company's Kadant Black Clawson Inc. subsidiary, will be used to recover and process fiber from waste paper for the production of recycled linerboard and other packaging materials.

"We are extremely pleased that our advanced stock-preparation equipment has been selected for this major capacity expansion project in Asia," said William A. Rainville, chairman and chief executive officer of Kadant. "This order - together with the order for more than $7 million from China that we announced in January - gets us off to a strong start in Asia in 2006. As a leading supplier of innovative technologies and systems to the global pulp and paper industry, we continue to play an important role in Asia's addition of capacity to meet growing demand."
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. (www.kadant.com) 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. Our fluid-handling products are also used to optimize production in the steel, rubber, plastics, food, and textile industries. In addition, we produce granules from papermaking byproducts for agricultural and lawn and garden applications. Kadant is based in Acton, Massachusetts, with approximately $244 million in revenues and 1,400 employees in 16 countries worldwide.

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