Beijing, China, July 26, 2024 – Kadant Fiberline (China) Co. Ltd., a subsidiary of Kadant Inc. (NYSE: KAI), started up new fiber processing systems at Jinbaoshi’s facility in Xingtai, Hebei.

The newly installed PM3 line produces 1,300 BDMT per day and is designed to efficiently produce containerboard in a basis weight range of 80-170 gsm. The OCC and approach flow systems feature advanced technologies from Kadant Foundations™ fiber processing product line to enable the mill to yield high-quality stock with reduced energy consumption.

“We greatly value our collaboration with Jinbaoshi and are pleased to provide them with these strategic innovations,” said Peter Ma, vice president of sales and marketing of Kadant Fiberline China. “We look forward to supporting Jinbaoshi Paper’s transformation and modernization initiatives to achieve exceptional performance with high energy efficiency.”

About Kadant Fiberline China

Kadant Fiberline (China) Co. Ltd., is a leading fiber processing and recycling equipment supplier that designs, manufactures, and services equipment used in virgin and recycled paper stock preparation and paper machine approach-flow applications.

About Kadant

Kadant is a global supplier of technologies and engineered systems that drive Sustainable Industrial Processing. The Company’s products and services play an integral role in enhancing efficiency, optimizing energy utilization, and maximizing productivity in process industries. Kadant is based in Westford, Massachusetts, with approximately 3,500 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 fiscal year ended December 30, 2023 and subsequent filings with the Securities and Exchange Commission.