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Home / Knowledge / News / Textiles / Mayer & Cie posts €105 million sales in 2017
Mayer & Cie posts €105 million sales in 2017
13
Mar '18
Benjamin Mayer; Courtesy: Mayer & Cie
Benjamin Mayer; Courtesy: Mayer & Cie
The Albstadt-based circular knitting machine manufacturer Mayer & Cie has generated sales of around €105 million in 2017 – on par with the previous year. The family-owned company also sold roughly the same number of machines as in 2016. The reason for the result, which fell short of the company‘s expectations, was a complex in-house ERP-system changeover.

"We are dozens of machines behindhand. That naturally has an effect on the result, which would otherwise have been significantly better. We did, after all, have the capacities and the orders. Fortunately, system changeovers of this kind are not a daily occurrence and we are confident that we have now largely put the initial difficulties behind us. We are sure that we will be able to work better and more efficiently than with our old system," said Benjamin Mayer, managing director of Mayer & Cie.

In addition to its ERP-system update, Mayer & Cie invested millions last year in other modernisation projects, especially at the headquarters. The company constantly and regularly upgrades its machinery, last year including, for example, ten new production machines. Work on the automated storage system has also progressed and is nearing completion. Mayer & Cie has even done some refurbishment outside the factory gates; for over nine months, the freshly asphalted parking lot for employees has helped keep cars and shoes clean.

For 2018, the company has set sales target of €110 million. "Our order intake is stable and we expect to be back in calmer waters after our system changeover and to be able slowly but surely to work off our backlog of machines," said Mayer.

Mayer & Cie is therefore able to tackle new challenges in 2018. One of them is braiding machines, a successful product of the US sister company Mayer Industries in Orangeburg, South Carolina. Founded in the early 1970s as a Mayer & Cie subsidiary and a circular knitting machine production site, the company is to be wound up in the medium term. Mayer Industries’ products are braiding machines for the manufacture of hose tubing. They are to be made from about 2019 in Albstadt- Tailfingen. Preparations are under way for integrating this new product. The necessary infrastructure, above all the personnel capacities and production line, is to be in place next year. “For us the integration of this technically related product is a good opportunity to develop an additional mainstay that is independent of our core business. We have repeatedly opted for diversification in past decades and had good experiences with it," concluded Mayer. (RR)

Fibre2Fashion News Desk – India


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