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8537 Six Forks Rd., Ste. 300 Raleigh, NC 27615 NC Tel. 919-526-1400 |
Type: Public
On the web:
http://www.xerium.com
Employees:
3,404
Employee growth: 3.5%
Xerium Technologies makes clothing, but not for people. The company manufactures and supplies clothing and roll covers used on paper-making machinery. Xerium's clothing rolls are used as belts to convey paper through paper-making machines, and its roll covers are used on the machines' steel cylinders; both products are consumed during paper production. The company operates more than 30 manufacturing facilities in about a dozen countries, primarily in North and South America, Europe, and Asia, and nets nearly two-thirds of sales outside North America. Customers include paper and container makers IP, MeadWestvaco, RockTenn CP, and UPM-Kymmene. Xerium filed and exited Chapter 11 bankruptcy reorganization in 2010.
Key numbers for fiscal year ending December, 2010:
Sales: $548.3M
One year growth: 9.6%
Net income: ($73.1)M
Officers:
Chairman, President, and CEO: Stephen R. Light
CFO: Clifford E. Pietrafitta
CTO: Joan (John) Badrinas Ardevol
Competitors:
Albany International
Metso
Voith
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