Home / Knowledge / News / Textiles / 2015 eventful year for Mayer & Cie
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


Must ReadView All

Courtesy: Stone Island

Apparel/Garments | On 25th Jun 2018

Stone Island has mastered ingredient branding: Braind

Italian high-end men's apparel brand Stone Island tops the list of...

Courtesy: Tecnorama

Textiles | On 25th Jun 2018

'Tecnorama automatic dyeing system offers efficiency'

Italy based Tecnorama’s fully-automatic machinery for dispensing...

Courtesy: Pantone

Textiles | On 25th Jun 2018

Pantone unveils polyester standards

Pantone, provider of professional colour standards for the design...

Interviews View All

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Top executives
Textile & apparel bodies

Textile industry would like to see inclusion of cotton yarn under MEIS and ...

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


June 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search