Last $15.85 USD
Change Today -0.12 / -0.75%
Volume 37.8K
As of 8:04 PM 03/3/15 All times are local (Market data is delayed by at least 15 minutes).

xerium technologies inc (XRM) Snapshot

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52 Week High
03/5/14 - $17.99
52 Week Low
05/9/14 - $11.20
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xerium technologies inc (XRM) Details

Xerium Technologies, Inc. manufactures and supplies consumable products primarily for the production of paper. The company operates in two segments, Machine Clothing and Roll Covers. The Machine Clothing segment provides various types of industrial textiles used on paper-making machines and other industrial applications. It offers forming fabrics that are used at the beginning of paper-making machines; press felts for carrying the paper sheet through a series of press rolls that mechanically press water from the sheet under high pressure; and dryer fabrics to transport the paper sheet through the drying section of paper-making machines. This segment also provides other fabrics, which are used in other industrial applications, such as pulp, non-woven textiles, fiber cement, tannery sludge dewatering, and textiles manufacturing; and auto-joining equipment used in machine clothing production. The Roll Covers segment manufactures, refurbishes, and replaces roll covers, including suction rolls, lump breaker rolls, coater rolls, sizing rolls, calendar rolls, and various purpose conveying rolls used in paper-making machines. This segment also offers refurbishment services for previously installed roll covers; and mechanical maintenance and repair services for the internal mechanisms of rolls, as well as manufactures and repairs spreader rolls. The company markets its products under the Huyck Wangner, Weavexx, Stowe Woodward, Mount Hope, Robec, and Xibe brands to the paper industry’s producers through its direct sales force worldwide. Xerium Technologies, Inc. was founded in 1999 and is headquartered in Youngsville, North Carolina.

3,200 Employees
Last Reported Date: 03/4/14
Founded in 1999

xerium technologies inc (XRM) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $665.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $340.0K
President of Xerium North America and Europe
Total Annual Compensation: $405.0K
President of Xerium - South America
Total Annual Compensation: $380.7K
Compensation as of Fiscal Year 2013.

xerium technologies inc (XRM) Key Developments

Xerium Technologies Inc. to Report Q4, 2014 Results on Mar 03, 2015

Xerium Technologies Inc. announced that they will report Q4, 2014 results at 5:00 PM, Eastern Standard Time on Mar 03, 2015

Xerium Technologies Launches New Genesis Calender Roll Cover Technology

Xerium Technologies Inc. has launched a new Genesis calender roll cover technology. Genesis XTi and Genesis APi are the latest additions to the Genesis family of roll covers. The new Genesis covers are specifically engineered to provide improved wear resistance and fracture toughness in demanding calender applications requiring the high gloss. In addition, due to its unique design, this cover delivers these improved factors while continuing to deliver the high ductility.

Xerium Technologies Inc. Announces Two Plant Expansion Projects in Roll Cover and Mechanical Services Business

Xerium Technologies Inc. announced two plant expansion projects to enhance its rolls products and mechanical services capabilities for the North American market. The company will expand and modernize its Griffin, Georgia plant. It will broaden its mechanical service offering, expand its capabilities for rubber roll recovering, and expand its capabilities for industrial roll recovering. These new investments will also lower lead times. This expansion is expected to generate increased sales volumes in the region. Completion is scheduled for fourth quarter of 2015. The company will expand and modernize its Neenah, Wisconsin plant. It will broaden its product offering by installing a state-of the-art polyurethane roll cover production cell, and increase the size and breadth of its mechanical services department in order to more broadly serve customers in the region. These new investments will also improve lead times. This expansion is expected to generate increased sales volumes in the region. Completion is scheduled for fourth quarter of 2015. Both facilities manufacture and repair large rolls used in the production of paper, containerboard, boxboard, tissue, pulp, nonwoven fabrics, fiber cement siding, steel, film production, and flexible packaging. Both facilities mechanically repair & service large sections of production machines that require regular and sophisticated maintenance.


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