Xerium Announces Two Plant Expansion Projects In Roll Cover and Mechanical Services Business
YOUNGSVILLE, NC, Jan. 14, 2015 (Globe Newswire) — Xerium Technologies, Inc. (NYSE:XRM), a leading global provider of industrial consumable products and services, announced two plant expansion projects to enhance its rolls products and mechanical services capabilities for the North American market.
Xerium 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 Q4 2015.
Xerium 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 Q4 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.
“These expansions enhance Xerium’s product and service offerings to customers in these areas of the North American market,” said Mr. Harold Bevis, President and CEO of Xerium. “Both modernization projects enable these two plants to supply all of Xerium’s roll product portfolio and mechanical service technologies to assist large machine owners in these regions to achieve optimized machine performance.”