BNET Industries
Market Cap:$273.1M
Last Fiscal Year Sales:$1.0B
- Public
- US
Dow Jones Description
Polymer Group, Inc. is a leading global innovator, manufacturer and marketer of engineered materials, focused primarily on the production of nonwovens. Nonwovens are high value-added, high performance and low-cost alternative materials developed as an outgrowth of paper, textile and chemical technologies, with critical characteristics including absorbency, tensile strength, softness and barrier properties. Our products, which typically comprise only a small percentage of the final product's total cost, are the critical substrates and components for disposable consumer applications such as baby diapers, feminine hygiene products, household and personal wipes, disposable medical applications, such as surgical gowns and drapes, and for various durable industrial applications including furniture and bedding, filtration and protective apparel. We have one of the largest global platforms in our industry, with seventeen manufacturing and converting facilities throughout the world, and a presence in eight countries. We are strategically located near many of our key customers in order to increase our effectiveness in addressing local and regional demand as many of our products do not ship economically over long distances. ...
Number of Employees 1,933
Contact Information
4055 Faber Place Dr Ste 201
North Charleston, South Carolina 29405-4816
1 843 329 5151
Peer Companies
NAICS Code Broadwoven Fabric Mills: 313210
Recent Events
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PGI Acquires Spanish Nonwovens Business Tesalca-Texnovo
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PGI Q3: Ops income up 150%, sales down 27%
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Polymer Group to acquire TEXNOVO-TESALCA from Grupo Corinpa
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PGI to buy Tesalca-Texnovo in stock swap
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PGI Signs Agreement to Acquire Spanish Nonwovens Business Tesalca-Texnovo
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PGI Acquires Remaining 40% Stake of its Argentinean Joint Venture
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PGI bought out longtime Dominion NW partner
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CFOs on the Move: Week Ending October 23
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Polymer Group, Inc. Names Keith Hall Interim Chief Financial Officer
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Takeovers & Tenancy: PGI Slims Down, Herbalife Expands
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Polymer Group, Inc. Announces Preliminary Summary Results; The Filing of the Company's Quarterly Report will...
News & Analysis
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business wire and polymer group inc. - All News and Analysis
Intertape Polymer Group Inc. Announces Stock Repurchase Program
MONTREAL--BUSINESS WIRE--Nov. 16, 1999-- Intertape Polymer Group Inc. (TSE:ITP.) (NYSE:ITP) announced today that its Board of Directors authorized to repurchase some of its common shares outstanding on the Toronto Stock Exchange TSE and the New York Stock Exchange NYSE, beginning November 17, 1999. The normal course issuer bid is...
Intertape Polymer Group Inc. Completes Private Debt Placement
MONTREAL--BUSINESS WIRE--July 15, 1999-- Intertape Polymer Group Inc. IPG (TSE:ITP.) (AMEX:ITP) announced today it has completed a private debt placement of US$137 million. These unsecured notes bear interest at an average rate of approximately 7.75 percent. US$25 million of these notes are repayable during 2005 and the remainder...
Intertape Polymer Group Inc. Announces Filing of Final Prospectus
MONTREAL--BUSINESS WIRE--March 9, 1999--Intertape (TSE:ITP.) (AMEX:ITP) Intertape Polymer Group Inc. ("Intertape") announced today that it has filed its final prospectus with the securities regulatory authorities of each of the Canadian provinces in connection with its public offering of 3,000,000 common shares at CDN$40.25 per share for an aggregate consideration of...
Intertape Polymer Group Inc. Announces Filing of Final Prospectus
MONTREAL--BUSINESS WIRE--March 9, 1999--Intertape Polymer Group Inc. (TSE:ITP.) (AMEX:ITP) ("Intertape") announced today that it has filed its final prospectus with the securities regulatory authorities of each of the Canadian provinces in connection with its public offering of 3,000,000 common shares at CDN$40.25 per share for an aggregate consideration of CDN$120,750,000....
Intertape Polymer Group Inc. to Issue 3,000,000 Common Shares
MONTREAL--BUSINESS WIRE--Feb. 24, 1999--(TSE:ITP.) (AMEX:ITP) Intertape Polymer Group Inc. ("Intertape") announced today that it has entered into a "bought deal" with a syndicate of underwriters led by CIBC Wood Gundy Securities Inc. Intertape will issue, and the underwriters will purchase, 3,000,000 common shares at $40.25 per share for an aggregate...
Intertape Polymer Group Inc. Announces the Acquisition of Rexford Paper Company
MONTREAL--BUSINESS WIRE--Oct. 7, 1998--INTERTAPE(TSE:ITP.) (AMEX:ITP) Intertape Polymer Group Inc. announced that it has closed its acquisition of substantially all of the assets of the Rexford Paper Company of Milwaukee, Wisconsin, a division of Inland Paperboard and Packaging, Inc. Rexford is a re-distributor of a variety of pressure sensitive tapes...
Intertape Polymer Group Inc. Announces The Signing of a Definitive Agreement With Inland Paperboard and Packaging, Inc. to Acquire Assets of Rexford Paper Company
MONTREAL--BUSINESS WIRE--Sept. 30, 1998--INTERTAPE POLYMER (TSE:ITP) (AMEX:ITP) Intertape Polymer Group Inc. announced that it has entered into a definitive agreement with Inland Paperboard and Packaging, Inc. to acquire substantially all of the assets of the ...
Intertape Polymer Group Inc. Completes Private Placement
MONTREAL--BUSINESS WIRE--June 5, 1998--(TSE:ITP.) (AMEX:ITP) Intertape Polymer Group Inc. IPG announced today it has completed a private placement of US$137 million. These unsecured notes bear interest at the rate of 6.82 percent, mature in 2008, and were purchased by 10 major institutional investors throughout the United States. ...
Intertape Polymer Group Inc. Announces March 31, 1998 1st Quarter Results
MONTREAL--BUSINESS WIRE--May 7, 1998--INTERTAPE POLYMER GR(TSE:ITP.) (AMEX:ITP)stated in Canadian dollars reported using Cdn GAAP other than noted Intertape Polymer Group Inc. reported financial results for the first quarter ended March 31, 1998. Sales in the period were $123.0 million up from $81.5...
Intertape Polymer Group Inc. Announces Agreement to Purchase Shares of American Tape Corporation
MONTREAL--BUSINESS WIRE--Nov. 5, 1997--(TSE:ITP.)(AMEX:ITP) Intertape Polymer Group Inc. announced today the signing of a definitive agreement with STC Corp. to purchase all outstanding shares of American Tape Corporation. American Tape manufactures an extensive line of pressure sensitive tapes and shrink film with facilities located in Michigan and...
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