B u i l d i n g o n o u r S t r e n g t h s K a d a n t I n c . 2 0 0 1 A n n u a l R e p o r t t r o p e R l a u n n A 1 0 0 2 . c n I t n a d a K P R I N T A L L Kadant Inc. 2001 Annual Report • Company Profile • Chairman’s Letter and Overview • Consolidated Financial Statements • Notes to Consolidated Financial Statements • Management’s Discussion and Analysis of Financial Condition and Results of Operations • Forward-Looking Statements • Other Shareholder Information • Board of Directors and Officers