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Home > Company Index > Manufacturing > Miscellaneous General & Special Machinery > Barmag AG

Barmag AG
 NEWS FROM THE WIRES
Dynegy buys U.K. natural gas unit for $590 mln
Jul 16 2001 07:19 AM PDT

Dynegy buys U.K. natural gas unit for $590 mln
Jul 16 2001 07:19 AM PDT

More WIRE STORIES about this company

 PROFILE
Although not gifted as a storyteller, Barmag does sell yarn-spinning machinery. The company makes spinning and textile machines used to produce man-made fibers. Its machines process raw material to make sportswear, carpet, safety belts, and other products. It has a partnership with DuPont to make machinery for spinning polyester. The company has subsidiaries located in most regions of the world. Barmag has boosted sales through acquisitions, including Neumag, a maker of textile machines and staple fibers. The Saurer Group, a leading textile machinery manufacturer in Europe, owns Barmag.

 COMPETITION
Speizman Industries, Inc. (SPZN)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 356.00
1-Yr. Sales Growth: 4.4%
Employees: 3,275
Revenue per employee: $108,702.29

 KEY PEOPLE
• Klaus K. Moll
    CEO
• Karl Heinz Schaaf
    CFO

 CONTACT INFO
Leverkuser Strasse 65
D-42897 Remscheid-Lennep, Germany
Phone: 49-2191-67-670
Fax: 49-2191-67-13-13
Online: Web Site

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