May. 28 at 9:01 PM
$KAI Kadant awarded
$18M in orders for wood processing systems
Kadant announced it received orders with a combined value of
$18M from three lumber producers in North America and Europe since its first quarter earnings call. The capital equipment orders are expected to ship between the end of 2025 and the third quarter of 2026. The equipment and technologies to be supplied will be used to debark, strand, chip, and batch feed whole logs and lumber wastewood to produce oriented strand board and dimensional lumber.
Smart technology systems developed by Kadant will further optimize the wood processing operations by leveraging key data in the production process. "We are pleased to have been selected as the preferred supplier to provide the wood processing systems for these significant projects, which reinforces our leading position in debarking, stranding, and chipping equipment used in OSB and lumber production," said Jeffrey L. Powell, president and chief executive officer of Kadant Inc. "In addition to the high-performance processing equipment, these orders include our embedded smart technology, optimizing productivity across the entire system."
