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WESTFORD, Mass., Jan. 19, 2021 (GLOBE NEWSWIRE) — Kadant Inc. (NYSE: KAI) was acknowledged by the Related Industries of Massachusetts (AIM) for excellence in environmental stewardship, promotion of social well-being, and contributions to financial prosperity. The annual award distinguishes organizations that transparently handle their company social tasks whereas being held accountable to its stakeholders.
“We’re happy to be acknowledged for our company sustainability efforts,” mentioned Jeffrey L. Powell, president and chief government officer of Kadant. “Kadant performs a crucial position within the industrial provide chain by providing merchandise and options that cut back the utilization of pure sources, improve productiveness, and decrease power consumption. Sustainability is central to who we’re as an organization. We’re proud to be honored with this award.”
The 2020 Sustainability Award winners had been chosen by a committee that included members of the AIM Sustainability Roundtable, together with exterior consultants within the area. AIM initiated the Sustainability Roundtable in 2011 to offer employers the chance to alternate sustainability finest practices and has attracted a whole bunch of individuals.
About Kadant
Kadant Inc. is a world provider of high-value, crucial parts and engineered methods utilized in course of industries worldwide. The Firm’s merchandise, applied sciences, and companies play an integral position in enhancing course of effectivity, optimizing power utilization, and maximizing productiveness in resource-intensive industries. Kadant relies in Westford, Massachusetts, with roughly 2,700 workers in 20 nations worldwide. For extra data, go to www.kadant.com.
Secure Harbor Assertion
The next constitutes a “Secure Harbor” assertion below the Personal Securities Litigation Reform Act of 1995: This press launch accommodates forward-looking statements that contain quite a few dangers and uncertainties, together with forward-looking statements about our merchandise, applied sciences, and markets. These forward-looking statements symbolize our expectations as of the date of this press launch. We undertake no obligation to publicly replace any forward-looking assertion, whether or not on account of new data, future occasions, or in any other case. These forward-looking statements are topic to recognized and unknown dangers and uncertainties that will trigger our precise outcomes to vary materially from these forward-looking statements on account of numerous vital elements, together with these set forth below the heading “Threat Elements” in Kadant’s annual report on Kind 10-Ok for the yr ended December 28, 2019 and subsequent filings with the Securities and Trade Fee.
Contacts
Investor Contact Info:
Michael McKenney, 978-776-2000
IR@kadant.com
or
Media Contact Info:
Wes Martz, 269-278-1715
media@kadant.com
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