Xerium Technologies to Close Stowe Woodward, Ontario Facility
"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 of 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."
Xerium has 32 manufacturing sites in 13 countries across the globe.
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