Xerium Technologies, Inc. (NYSE: XRM), a leading global manufacturer of industrial textiles and rolls used primarily in the paper production process, passed a significant milestone by booking its 200 th SmartRoll, the industry’s first continuous pressure-sensing paper machine press roll based on the SMART technology. Xerium’s SMART applications are all based on a proprietary embedded roll cover sensor system that provides constant realtime operating data to help optimize production, reduce energy consumption, and control costs.
“Since that first sale just over two years ago, we estimate that SmartRoll has saved our customers more than $40 million in reduced energy consumption and other cost reductions,” said Stephen R. Light, Chairman, CEO and President of Xerium Technologies. “Reaching this SmartRoll™ milestone in such a short time demonstrates that manufacturers are hungry for technology that produces real performance benefits at lower cost.”
Today’s announcement marks the 200 th SmartRoll that has been booked since entering full commercial availability as a single application in mid-2009. Xerium now deploys 14 individual SMART technology applications throughout the paper machine, all of which are based on the Company’s advanced system for measuring nip pressures in realtime, to analyze and optimize the moisture removal in the press section. Since September 2011, Xerium has been marketing its latest SMART 4.0 Technology, which offers the most advanced functionality to help manufacturers reduce operational costs and maximize the output of existing equipment, while enhancing product customization capabilities.
About Xerium TechnologiesXerium Technologies, Inc. (NYSE: XRM) is a leading global manufacturer and supplier of two types of consumable products used primarily in the production of paper-clothing and roll covers. The Company, which operates around the world under a variety of brand names, utilizes a broad portfolio of patented and proprietary technologies to provide customers with tailored solutions and products integral to production, all designed to optimize performance and reduce operational costs. With 31 manufacturing facilities in 14 countries around the world, Xerium has approximately 3,400 employees.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV