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Kadant Paal Launches New Website

Georgsmarienhütte, Germany, August 11, 2020 – Kadant PAAL Holding GmbH, a subsidiary of Kadant Inc. (NYSE: KAI), announced the launch of a new website focused on its channel balers and ancillary equipment for the recycling, waste, and agricultural industries. The new website brings together the Kadant PAAL family of companies into one site and features a streamlined, modern design, improved functionality, and easy access to information to help users quickly find the baler that will fit their needs. The primary goal during the redesign process was to create a more valuable, user-centric and responsive resource across all platforms and devices.

“Our history incorporates more than 150 years of experience, over 30,000 channel balers sold, and innovative designs that have been tried and tested in thousands of installations.” said Craig Heley, president of Kadant PAAL. “Having a modern website specifically tailored to these products reinforces Kadant PAAL’s position as a credible and reliable source for companies seeking high-performance baling solutions that are efficient, reliable, and benefit from a low cost of ownership.”

The new website can be found at kadantpaal.com.

About Kadant PAAL

Kadant PAAL is a manufacturer of baling presses, specializing in the design and manufacture of high-performance balers and ancillary equipment. Its primary products include horizontal balers and conveyors used to process recyclable waste and agricultural materials. The company is headquartered in Germany and has operations in Germany, the United Kingdom, France, Spain, and the United States.

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 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 28, 2019 and subsequent filings with the Securities and Exchange Commission.

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