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Xerium to Close North Bay, Ontario Roll Cover Facility

June 29, 2010 - Xerium Technologies said that it will implement a reorganization and consolidation that will result in the closing of its Stowe Woodward, North Bay, Ontario, Canada facility.

Stowe Woodward, which produces roll covers and provides technical sevices to the paper industry, is a business unit of Xerium.

Xerium expects to cease production at plant by August 20, 2010.

“The paper industry has been contracting in North America over the last several years. Many paper machines have been permanently shut down across North America,” said Dave Pretty, president, Xerium North America and Europe PMC. The demand for our products has been affected by these events. As a result, we are adjusting the way we do business and consolidating our roll cover operations in North America. By taking this action we can strengthen our focus on our customers’ needs and continue to offer them the newest roll covering, bowed roll and mechanical service technology in the industry.”

Stowe Woodward will coninue to operate state-of-the-art facilities located in: Kelso, Washington, Neenah, Wisconsin, Middletown, Virginia, Charlotte, North Carolina, Griffin, Georgia, Ruston, Louisiana, Concord, New Hampshire and Queretaro, Mexico.

SOURCE: Xerium Technologies, Inc.




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