Home / Knowledge / News / Textiles / Mayer & Cie celebrates 111th year of existence
Mayer & Cie celebrates 111th year of existence
01
Aug '16
German knitting technologies manufacturer Mayer & Cie celebrates its 111th year of existence in 2016.

Mayer & Cie. currently has on offer a product portfolio of about 50 machines, which covers the entire range of machines required for manufacturing modern textiles.

According to the company, fabrics for household textiles, sportswear, nightwear and swimwear, seat covers, underwear and technical textiles are all knitted on MCT machines.

“Just over, one in three of the machines in the Mayer & Cie. portfolio have been on offer only since 2010 at the earliest,” it said.

The company claims that despite a highly fragmented, with many small-scale manufacturers, Mayer & Cie's share of the global circular knitting machine market is between 15 and 20 per cent in value terms.

It currently holds 320 patents and registered designs in its area of business, the oldest of which dates back to 1938, with 50 patent applications in recent years relating to just spinning and knitting alone.

With sales up by more than 10 per cent in 2015, a record order level in the first half of 2016, Mayer & Cie added that there are no longer any signs of the difficulties that forced it to file for insolvency in 2009.

This year, the circular knitting machine manufacturer informed that it is likely to make 200 more machines than last year and to further increase its sales revenue.

“Sixty per cent of all circular knitting machines ever sold are still in the market and with more than 70,000 machines sold to date, about 42,000 Mayer machines around the world are still in operation,” the company stated. (AR)

Fibre2fashion News Desk - India


Must ReadView All

FDI in Vietnamese textile-garment projects on the rise

Apparel/Garments | On 24th Jun 2018

FDI in Vietnamese textile-garment projects on the rise

The European Union-Vietnam Free Trade Agreement and the Comprehensive ...

Courtesy: Alizilla

Apparel/Garments | On 24th Jun 2018

Alibaba Group sets up office in Kuala Lumpur

Strengthening its commitment to Malaysia, Alibaba Group has set up an ...

Bombay Dyeing plans to wind up Indonesian JV

Textiles | On 24th Jun 2018

Bombay Dyeing plans to wind up Indonesian JV

Bombay Dyeing & Manufacturing Co Ltd plans to wind up its loss making ...

Interviews View All

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Top executives
Textile industry, India

The event should be organised every year

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Urmil Arya

Sushila International, a well established textile organisation established ...

Karan Behal

Karan Behal, founder and chief executive of top-selling brand...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Yash P. Kotak
Bombay Hemp Company

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

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

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