What are the sustainability issues at the weaving level? How can wastage be minimised?
We will continue to deliver the best - most eco-friendly and most reliable or sustainable weaving machines and services to our worldwide customers. We have a strong belief in providing the best, most reliable and most sustainable technology. We are a financially secure company with the best people: all these conquer any challenges. We have developed several features for both - rapier and airjet machines - reducing waste of material, and will be showing more at ITMA Milano in November.
Where are your manufacturing hubs located? Any in Asia, India and China specifically? If no, any plans to begin in these regions?
Our manufacturing hubs for weaving machines are located in Leper (HQ, Belgium) and Suzhou (China). Picanol also markets a number of weaving accessories like reeds and frames. These accessories are produced in Belgium, France and Mexico under the brand names Burckle and GTP. Although, we are continuously monitoring the moves of textile production around the globe, we are very happy with our current footprint, which has been built to be as close as possible to our customers.
What is the budget allocation for R&D?
Through its R&D activities, Picanol will continue to make a difference in the market for weaving machines in the future. R&D is very important, but we cannot give an exact percentage in terms of turnover. But as already said earlier, we keep on investing in R&D, even if times are difficult. Our customers expect and deserve to get only state-of-the-art technology from Picanol.
Did the economic recession impact the weaving machine business?
Early June, we announced that we are looking to expand our Ypres production capacity in order to meet the worldwide demand for Picanol looms. The Picanol Group expects demand for its looms to continue over the next few months. Backed by the increasing demand for quality and technology and the favourable exchange rate of the euro, the order book is well-filled for the second half of 2015.
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