Kadant Carmanah Design Names Mendes Maquinas Exclusive Agent in Brazil, Argentina, and Uruguay
SURREY, B.C., Canada, October 16, 2019 – Kadant Carmanah Design, a subsidiary of Kadant Inc. (NYSE: KAI), announced the appointment of Mendes Máquinas Ltda. as the exclusive agent for Kadant Carmanah’s chipping and screening products for Brazil, Argentina, and Uruguay, effective August 21, 2019.
“We are very excited to partner with Kadant Carmanah,” said André Mendes Fabris, president of Mendes Máquinas. “This alliance enables our company to take another strategic step as it increases our product offering in the market. We strive to have a turn-key solution featuring high-end technology with superior quality and performance. Kadant Carmanah meets all these requirements that were developed over many decades of hard work and expertise. Through the addition of Kadant Carmanah chippers and screen solutions, Mendes becomes even stronger to best serve our customers.”
“As Latin America’s leading supplier of complete sawmill solutions, Mendes Máquinas is a great partner for Kadant Carmanah,” said Todd Macey, president of Kadant Carmanah Design. “Both companies place a great deal of importance on building long-term, trusting relationships with customers making Mendes an excellent fit with us.”
Mendes Máquinas is a sawmill specialist that has been designing and manufacturing sawmill equipment for over 60 years. Based in Curitibanos, Brazil, Mendes has a dedicated engineering team and a complete manufacturing plant with all processes in-house. This allows Mendes to have tight quality control and a deep know-how about its processes, products, and technology.
About Kadant Carmanah
Kadant Carmanah Design, located in Surrey, B.C. Canada, designs and manufactures equipment for the panel and engineered wood products, pulp and paper, and sawmill industries. Providing advanced technology and equipment to optimize fiber use for the production of wood-based panels, Kadant Carmanah's products include SmartDISC stranders, SmartRING stranders, rotary debarkers, chippers, and conveying/feeding equipment. Visit www.kadantcarmanah.com for more information.
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 2,800 employees in 20 countries worldwide. For more information, visit www.kadant.com.
Safe Harbor Statement
The 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 customers, 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 29, 2018 and subsequent filings with the Securities and Exchange Commission.