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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

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