| | Jul 31, 2012 — Three Rivers, Mich. – Kadant Johnson Inc., a subsidiary of Kadant Inc. (NYSE:KAI), expanded its Liqui-Mover® pressure-powered pump line to include a replacement float-free level control assembly. With the replacement float-free level control assembly, major float-operated pump brands can now be converted to a float-free assembly providing a reliable and cost effective solution for high maintenance pressure-powered pumps. The replacement float-free level control assembly has no moving parts in contact with the condensate, and no springs, linkage, or floats that are prone to wear and failure.
Designed to retrofit major float-operated pump brands, the float-free assembly features a drop-in, bolt-on mounting flange creating a fast and easy upgrade. The motive pressure 3-way valve is external to the tank for quick visual check of the operation. A 2-probe level control and a NEMA classified control assembly are also incorporated into the float-free level control.
The Liqui-Mover pressure-powered pump, first introduced in 1934, has no motors, starters, shafts, rotating mechanical seals, or impellers. Instead, the pump uses steam or compressed air as the motive pressure to lift or pump high-temperature condensate. All configurations of the Liqui-Mover pump line may reduce or eliminate the loss of flash steam and the associated heat energy, making these units efficient and reliable.
Kadant Johnson Inc., based in Three Rivers, Michigan, is a leading provider of rotary joints, precision unions, and fluid handling systems to process industries, where they optimize heat transfer in rotating cylinders and integrate fluid handling systems.
Kadant is a leading supplier to the global pulp and paper industry. Our stock-preparation, fluid-handling, doctoring, and water-management equipment and systems are designed to increase efficiency and improve quality in pulp and paper production. Many of our products, particularly in our fluid-handling product line, are also used to optimize production in other process industries. In addition, we produce granules from papermaking byproducts for agricultural and lawn and garden applications. Kadant is based in Westford, Massachusetts, with revenues of $270 million in 2010 and 1,600 employees in 16 countries worldwide. For more information, visit www.kadant.com.
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 products and technologies. Our actual results may 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 quarterly report on Form 10-Q for the quarter ended October 1, 2011. These include risks and uncertainties relating to our dependence on the pulp and paper industry; significance of sales and operation of manufacturing facilities in China; our ability to expand capacity in China to meet demand; commodity and component price increases or shortages; international sales and operations; competition; soundness of suppliers and customers; our effective tax rate; future restructurings; soundness of financial institutions; our debt obligations; restrictions in our credit agreement; litigation related to our discontinued operation; our acquisition strategy; protection of patents and proprietary rights; failure of our information systems or breaches of data security; fluctuations in our share price; and anti-takeover provisions. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.
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