Xerium Company Description
Xerium Technologies makes clothing, but not the kind people wear. The company manufactures and supplies clothing and roll covers used on paper-making machinery. Xerium Technologies' clothing products are used as belts to convey paper through paper-making machines, and its roll covers are used on the machines' steel cylinders. Xerium Technologies operates about 35 manufacturing facilities in 15 countries, primarily in North America and Europe. Customers have included paper manufacturers such as International Paper, MeadWestvaco, Smurfit-Stone, and UPM-Kymmene. Xerium Technologies is 54%-owned by Apax Partners investment fund.
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The Company Description provides a historical perspective of Xerium's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Xerium's evolution in the marketplace.
