Get Stock Quote Here Kadant Inc (KAI) was set up in 1991 and is now based in Westford, Massachusetts. Until 2001, Kadant Inc was originally named as Thermo Fibertek Inc. and became a fully independent public company in the same year. The company focuses on papermaking, paper recycling, and other processing industries over the United States, China, and Europe. Kadant has operations in North America, South America, Europe, and Asia. In November 2013, Kadant Inc. entered into a definitive agreement to acquire Carmanah Design and Manufacturing Inc. for Canadian dollars (CAD) 54 million in cash, or approximately US$52 million.
