Kadant Recognized for Excellence in Sustainability with the 2020 AIM Sustainability Award
January 19 2021 - 8:40AM
Kadant Inc. (NYSE: KAI) was recognized by the Associated Industries
of Massachusetts (AIM) for excellence in environmental stewardship,
promotion of social well-being, and contributions to economic
prosperity. The annual award distinguishes organizations that
transparently manage their corporate social responsibilities while
being held accountable to its stakeholders.
“We are pleased to be recognized for our corporate
sustainability efforts,” said Jeffrey L. Powell, president and
chief executive officer of Kadant. “Kadant plays a critical role in
the industrial supply chain by offering products and solutions that
reduce the utilization of natural resources, increase productivity,
and minimize energy consumption. Sustainability is central to who
we are as a company. We are proud to be honored with this
award.”
The 2020 Sustainability Award winners were selected
by a committee that included members of the AIM Sustainability
Roundtable, along with external experts in the field. AIM initiated
the Sustainability Roundtable in 2011 to provide employers the
opportunity to exchange sustainability best practices and has
attracted hundreds of participants.
About Kadant Kadant Inc. is a
global supplier of high-value, critical components and engineered
systems used in process industries worldwide. The Company’s
products, technologies, and services play an integral role in
enhancing process efficiency, optimizing energy utilization, and
maximizing productivity in resource-intensive industries. Kadant is
based in Westford, Massachusetts, with approximately 2,700
employees in 20 countries worldwide. For more information, visit
www.kadant.com.
Safe Harbor StatementThe following
constitutes a “Safe Harbor” statement under the Private Securities
Litigation Reform Act of 1995: This press release contains
forward-looking statements that involve a number of risks and
uncertainties, including forward-looking statements about our
products, technologies, and markets. These forward-looking
statements represent our expectations as of the date of this press
release. We undertake no obligation to publicly update any
forward-looking statement, whether as a result of new information,
future events, or otherwise. These forward-looking statements are
subject to known and unknown risks and uncertainties that may cause
our actual results to differ materially from these forward-looking
statements as a result of various important factors, including
those set forth under the heading "Risk Factors" in Kadant’s annual
report on Form 10-K for the year ended December 28, 2019 and
subsequent filings with the Securities and Exchange Commission.
ContactsInvestor Contact
Information:Michael McKenney, 978-776-2000IR@kadant.com
or
Media Contact Information:Wes Martz,
269-278-1715media@kadant.com
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