Andritz
Andritz 
Andritz
The international technology group Andritz AG, Graz/Austria, has signed a merger agreement to acquire Xerium Technologies, Inc., Youngsville, NC/USA. Xerium is a global manufacturer and supplier of machine clothing (forming fabrics, press felts, drying fabrics) and roll covers for paper, tissue, and board machines, including maintenance and aftermarket services.
With its Smart technology, the company provides a sophisticated digital software tool to optimize pressing performance by means of sensors integrated into the roll covers.
Xerium has around 2,850 employees and operates more than 28 production facilities worldwide. In 2017, the company generated annual sales of $481 million.