Kadant Inc.

WESTFORD, Mass., Sept. 10, 2026 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) today announced that Michael C. Colwell will be appointed president and chief operating officer effective October 1, 2026 and president, chief executive officer and a director effective January 2, 2027, as part of a succession plan adopted by the board of directors. As part of the succession plan, Jeffrey L. Powell will continue to serve as president through September 30, 2026, and chief executive officer through January 2, 2027, at which time he will become executive chairman of the board of directors. Jonathan W. Painter, the Company's current chairman of the board of directors, will cease to serve as a director and the chairman of the board of directors on January 2, 2027.

WESTFORD, Mass., Sept. 10, 2026 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that its Board of Directors has approved a quarterly cash dividend to stockholders of $0.36 per share to be paid on November 12, 2026 to stockholders of record as of the close of business on October 15, 2026. Future declarations of dividends are subject to Board approval and may be adjusted as business needs or market conditions change.

WESTFORD, Mass., Sept. 08, 2026 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) has been named to Newsweek's list of America's Greatest Companies 2026, recognizing organizations that excel in financial performance, workplace culture, innovation, and sustainability.

ALLEN, Texas & SINGAPORE--(BUSINESS WIRE)--KNOREX, Ltd. ("KNOREX"; NYSE American: KNRX), a leading provider of AI-driven cross-channel programmatic advertising execution solutions, today announced the launch of KAI Assistsm within its flagship advertising management execution platform, KNOREX XPO. With complete rollout by the end of this month, KAI Assist introduces a conversational, natural language interface designed to streamline end-to-end digital advertising workflows—from campaign creatio.