BNET Industries
Market Cap:$267.5M
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 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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Donaldson Co. Inc., the manufacturer of Torit dust collectors, has entered into an agreement with Polymer Group Inc. to use PGI's Durapex nonwoven fabric in its first fit and replacement baghouse line
Donaldson Co. Inc., the manufacturer of Torit dust collectors, has entered into an agreement with Polymer Group Inc. to use PGI's Durapex nonwoven fabric in its first fit and replacement baghouse line. Durapex was recognized as the most innovative new filtration medium by the American Filtration Society in 2003. The...
North Charleston, S.C.-Based Textile Maker's Stock Prices Crawl Out of Cellar.
By Sam Gresock, The State, Columbia, S.C. Knight Ridder/Tribune Business News Apr. 2--Polymer Group Inc.' s stock began a long, slow road to recovery last week. North Charleston-based Polymer, the largest U.S. maker of nonwoven textiles, said Tuesday it...
Intertape Polymer Group Inc. Announces September 2000 Third Quarter Results
Business Editors MONTREAL--BUSINESS WIRE--Nov. 6, 2000 Intertape Polymer Group, Inc. (TSE:ITP.)(NYSE:ITP) (stated in U.S. dollars) reported using Canadian GAAP other than noted -------------------------------------------------------------------- ...
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. Announces the Closing of the Acquisition of Central Products Company From Spinnaker Industries Inc
MONTREAL--BUSINESS WIRE--Aug. 10, 1999-- Intertape Polymer Group Inc. (TSE:ITP.)(AMEX:ITP) Tuesday announced the closing of the acquisition for 100 percent of Central Products Co. CPC stock, a former affiliate of Spinnaker Electrical Tape Company SETco which was also acquired from Spinnaker Industries Inc. on July 30, 1999. CPC manufactures...
Intertape Polymer Group Inc. Announces June 1999 2nd Quarter Results, Stated in U.S. Dollars - Reported Using Cdn GAAP Other Than Noted
MONTREAL--BUSINESS WIRE--Aug. 3, 1999-- Intertape Polymer Group Inc. (TSE:ITP.) (AMEX:ITP) today reported its financial results for the second quarter ended June 30, 1999. These results do not reflect the recently announced acquisition of the business assets of Spinnaker Electrical Tape Company. Sales in the period were $133.2 million,...
Intertape Polymer Group Inc. Announces June 1999 2nd Quarter Results
MONTREAL--BUSINESS WIRE--Aug. 3, 1999-- (TSE:ITP.) (AMEX:ITP) Intertape Polymer Group Inc. today reported its financial results for the second quarter ended June 30, 1999. These results do not reflect the recently announced acquisition of the business assets of Spinnaker Electrical Tape Company. Sales in the period were $133.2 million,...
Intertape Polymer Group Inc. Announces the Acquisition of Spinnaker Electrical Tape Company From Spinnaker Industries, Inc
MONTREAL--BUSINESS WIRE--July 30, 1999-- Intertape Polymer Group Inc. (TSE:ITP.) (AMEX:ITP), a Canadian company Intertape, announced today the closing of the acquisition by Intertape for the business assets of Spinnaker Electrical Tape Company SETco, a subsidiary of Spinnaker Industries, Inc. SETco specializes in the manufacture of an extensive line...
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 March 31,1999 1st Quarter Results
MONTREAL--BUSINESS WIRE--May 13, 1999-- INTERTAPE POLYMER(TSE:ITP.) (AMEX:ITP) (stated in US dollars - see paragraph 2) reported using Cdn GAAP other than noted Intertape Polymer Group Inc. today reported its financial results for the first quarter ended March 31, 1999. Andrew M. Archibald, C.A., Chief Financial...
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