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Last $16.97 USD
Change Today +0.32 / 1.92%
Volume 12.8K
As of 8:04 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

xerium technologies inc (XRM) Snapshot

Previous Close
Day High
Day Low
52 Week High
04/27/15 - $18.93
52 Week Low
08/5/14 - $12.64
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield

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xerium technologies inc (XRM) Details

Xerium Technologies, Inc. manufactures and supplies consumable products primarily used in 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 that 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 other conveying rolls used in paper-making machines. This segment also provides 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 to the paper industry worldwide through its direct sales force under the Huyck Wangner, Weavexx, Stowe Woodward, Mount Hope, Robec, and Xibe brands. Xerium Technologies, Inc. was founded in 1999 and is headquartered in Youngsville, North Carolina.

3,100 Employees
Last Reported Date: 03/4/15
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: $355.0K
President of Xerium North America and Europe
Total Annual Compensation: $405.0K
President of Xerium - South America
Total Annual Compensation: $386.0K
President of Asia
Total Annual Compensation: $300.0K
Compensation as of Fiscal Year 2014.

xerium technologies inc (XRM) Key Developments

Xerium Technologies Commissions New Business Start-Up in Turkey; Appoints Ahmet Gureli as General Manager for Region

Xerium Technologies Inc. has commissioned its new business in Turkey. This new regional hub will serve customers in Turkey, Southeast Europe, and the Middle East including all Huyck Wangner machine clothing products for all applications - pulp, paper, nonwoven production, converting all Stowe Woodward roll recovering and roll services in-mill machine service and machine optimization factory-provided equipment repair all sales, service, and supply chain activities. The business will be headquartered in Istanbul, Turkey and will be led by Mr. Ahmet Gureli. Mr. Gureli is the new General Manager of XeriumTurkey. Mr. Gureli is a 3rd generation industry veteran with three decades of experience and relationships in the region. Mr. Gureli and his local team will be responsible for all of Xerium’s activities in the region " technology, service, sales, marketing, plant operations, and supply chain activities".

David A. Bloss, Sr. to Retire from Xerium Technologies as Member on the Board of Directors

On July 10, 2015, David A. Bloss, Sr., a member on the Board of Directors of Xerium Technologies Inc., notified the company that he will retire from the company's Board of Directors effective as of the date of the Company's upcoming annual meeting of shareholders and has decided to not stand for reelection. The company intends to engage in a search process to fill the vacancy.

Xerium Technologies Inc. Announces Planned Closure of Warwick, Quebec Canada PMC Facility

Xerium Technologies Inc. announced that it has initiated closure proceedings with the representative union officials at its PMC facility in Warwick, Quebec Canada. Production will be transferred to Xerium’s lower-cost plants outside of North America.


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