Kadant Awarded $7 Million Order for Recycled Fiber Processing Line in Europe

Oct. 13, 2015 - Kadant Inc. today announced it received an order totaling approximately $7 million from a paper producer in Southern Europe for recycled fiber processing equipment to be used in the production of packaging.

"We are pleased to have been selected to provide this turn-key recycled fiber processing line for a major rebuild project in Southern Europe," said Jonathan W. Painter, President and CEO of Kadant. "This rebuild is significant in that it is part of a broader trend of converting a machine's production from printing and writing grades to containerboard used for packaging.

"As these types of conversions make increasingly more economic sense to the paper industry, Kadant is well positioned to leverage its expertise and broad product offerings used in containerboard production," he added.

Kadant Inc. is a leading supplier to the global pulp and paper industry and process industries worldwide. The company's stock-preparation; fluid-handling; and doctoring, cleaning, and filtration products are designed to increase efficiency and improve quality in pulp and paper production. For more information, visit www.kadant.com..

SOURCE: Kadant Inc.