Kadant, Inc. engages in designing and manufacturing products used in industries ranging from paper to plastics and textiles to tires. It operates through two segments: Papermaking Systems and Wood Processing Systems Business. Read More The Papermaking Systems segment develops, manufactures, and markets a range of equipment and products for the global papermaking, paper recycling, recycling and waste management, and other process industries. The Wood Processing Systems segment includes the production and marketing of stranders and related equipment used in the harvesting of oriented strand board, and lumber. The company was founded in November 1991 and is headquartered in Westford, MA.