Polymer Group Inc (POLGW) Stock Summary:

Polymer Group, Inc. engages in the innovation, manufacture, and marketing of engineered materials that focuses primarily on nonwovens. Its Nonwovens segment develops and sells products in various consumer and industrial markets, including hygiene, medical, industrial, and wiping. This segment provides nonwoven materials, which are used as substrates in diapers, training pants, feminine sanitary protection, and adult incontinence products; and engineered components, including top sheet, transfer layer, backsheet fabric, leg cuff fabric, sanitary protective facings, and absorbent pads for incontinence guard, panty shield, and absorbent core applications. It also offers medical fabrics that are used in disposable surgical packs, face masks, shoe covers, and wound care sponges and dressings, as well as apparel, such as operating room gowns and drapes; and nonwovens for cable wrap, furniture and bedding, home furnishings, filtration and landscape, and agricultural applications. In addition, this segment provides wiping products, including personal care, facial, baby, household, disinfectant, and dry dusting wipes for the consumer wipes market, as well as a converted line of wipes under Chix brand to industrial, foodservice, and janitorial markets. The company?s Oriented Polymers segment provides flexible packaging products that utilize coated and uncoated oriented polyolefin fabrics. Its products include concrete fiber, housewrap, lumberwrap, fiberglass packaging tubes, balewrap, steel wrap, coated bags for specialty chemicals and mineral fibers, performance fabrics for firemen turnout gear, and other performance fabrics. This segment?s products are also used industrial packaging, building products, agriculture, and protective apparel markets. The company sells its products through a network of converters and distributors, as well as through direct sales representatives. Polymer Group, Inc. was founded in 1994 and is headquartered Charlotte, North Carolina.

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