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2015 eventful year for Mayer & Cie
22
Dec '15
German knitting machines manufacturer Mayer & Cie said 2015 was an eventful year for the 110 year old company as company will have manufactured and sold more machines than in any of the past ten years.

ITMA 2015 gave the company's sales curve, which has been rising for years, a further upward boost and now the company expects to close the year with €93 million in sales, up 10 per cent over 2014.

“2015 was a very eventful year as over the past year we have manufactured and sold over 1,300 machines, steadily increasing our sales in recent years,” Benjamin Mayer, MD at Mayer & Cie said.

“In early summer we also shipped the 70,000th knitting machine from our production facility in Albstadt, an impressive testimony to our successful corporate history,” he added.

“At ITMA 2015, Mayer & Cie presented its new and extraordinarily highly regarded market-ready Spinitsystems spin and knit technology,” a press release stated.

According to the company, overall sales targets were fulfilled even though the order books were amply filled prior to the trade fair and well-known phenomenon of a lull in orders ahead of the fair did not fully materialise.

For the Spinit 3.0 E, which had its sales launch at ITMA, Mayer & Cie. booked three orders for which production is scheduled to start in 2017.

Benjamin Mayer further added that they are going for sales growth in 2016 too and aim to continue to grow, which is why, they are planning heavy investment in infrastructure, buildings, machinery and new products.

“Our aim is to set ourselves even further apart from the competition with our products and services,” he informed.

Much of this investment will be in the Swabian Alb region where the knitting machine manufacturer has been located since the company was founded.

Capacities are to be further increased, just as they have been and continue to be, at the company's other production sites in China and the Czech Republic.

In spring 2015, Mayer & Cie. moved with around 30 employees to larger premises in China's Shanghai province.

Relocation lies ahead next year for the Czech production facility and its payroll of around 60 employees as the foundation stone for the new factory in Vsetín was laid in October 2015.

“The aim of the expansion of the Czech production facility is to increase capacities there by about 30 per cent,” Mayer & Cie too informed.

Machines, knitting heads and many other assembly-intensive component groups are to be assembled there in the near future, including the company's current bestseller, the S4 3.2 II. (AR)

Fibre2Fashion News Desk – India


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