Kadant Inc. received two orders to supply recycled fiber processing systems from a containerboard producer in Asia with a value of approximately $10 million. The equipment will be used to process recycled corrugated boxes and produce top liner used in corrugated packaging. The orders were booked in the 4Q 2020 and are expected to ship in 2021.
“We are pleased to have been selected to supply the fiber processing systems for these recycled containerboard machines,” said Jeffrey L. Powell, president and CEO of Kadant. “Our leading position in fiber processing technology combined with our strong reputation for providing high-performance equipment were critical factors in being awarded this order.”
Kadant Inc. is a global supplier of high-value, critical components and engineered systems.
