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Mayer & Cie records substantial increase in sales in 2016
10 Feb '17
3 min read
Mayer & Cie., the Albstadt-based circular knitting machine manufacturer for making modern textiles, fabrics for home textiles, sportswear, nightwear and swimwear, seat covers, underwear, and technical uses, has seen a financially successful year in 2016, and has been able to record a substantial increase in sales of around ten per cent for 2016.
The ongoing positive trend in business development is also reflected in the company’s recruitment figures: its base in Albstadt alone has welcomed 40 new members of staff, and across the Group, as a whole, 55 members have been added. In order to continue this success, Mayer & Cie. are planning further investments at all three locations in 2017. One important goal is to reduce the long lead times resulting from demand. Over the past year, across the whole group, the 2016 sales amounted to around €105 million.
The main reason for the successful conclusion to the year is the very good order situation. Several times over the last year the circular knitting machine manufacturer was able to record record-high numbers of incoming orders. Correspondingly, the number of machines produced rose once again in 2016, at 1,500, it was 200 more than the previous year.
The high-performance machines Relanit 3.2 HS for single jersey fabric and OVJA 1.6 EM HS for patterned mattress material are in huge demand. The D4-2.2 HPI interlock machine, also introduced in 2015, has already become a best-seller.
“Traditionally one step ahead” is the guiding principle for the knitting machine manufacturer. To ensure it stays that way, in 2017, the family-run company will make further investments in its three production sites in Albstadt, the Czech Republic, and China.
With the construction and expansion of the Czech factory and the establishment of further machine production lines in Vsetín, the premium manufacturer is also able to hold its own in the mid-range segment of the market. With new appointments in important strategic roles at the parent company, the firm hopes to tap into new customer segments. New, modern manufacturing machines have been purchased in production. These will be followed by further acquisitions in Albstadt in 2017, which include a few in-house developments by Mayer & Cie., for example a slitting cutter machine.
Also on the plan for Albstadt in 2017 includes production of the new, fully-automated high-rack warehouse, further modernisation of the administration building and comprehensive innovations in the company’s own IT and software. (GK)
The ongoing positive trend in business development is also reflected in the company’s recruitment figures: its base in Albstadt alone has welcomed 40 new members of staff, and across the Group, as a whole, 55 members have been added. In order to continue this success, Mayer & Cie. are planning further investments at all three locations in 2017. One important goal is to reduce the long lead times resulting from demand. Over the past year, across the whole group, the 2016 sales amounted to around €105 million.
The main reason for the successful conclusion to the year is the very good order situation. Several times over the last year the circular knitting machine manufacturer was able to record record-high numbers of incoming orders. Correspondingly, the number of machines produced rose once again in 2016, at 1,500, it was 200 more than the previous year.
The high-performance machines Relanit 3.2 HS for single jersey fabric and OVJA 1.6 EM HS for patterned mattress material are in huge demand. The D4-2.2 HPI interlock machine, also introduced in 2015, has already become a best-seller.
“Traditionally one step ahead” is the guiding principle for the knitting machine manufacturer. To ensure it stays that way, in 2017, the family-run company will make further investments in its three production sites in Albstadt, the Czech Republic, and China.
With the construction and expansion of the Czech factory and the establishment of further machine production lines in Vsetín, the premium manufacturer is also able to hold its own in the mid-range segment of the market. With new appointments in important strategic roles at the parent company, the firm hopes to tap into new customer segments. New, modern manufacturing machines have been purchased in production. These will be followed by further acquisitions in Albstadt in 2017, which include a few in-house developments by Mayer & Cie., for example a slitting cutter machine.
Also on the plan for Albstadt in 2017 includes production of the new, fully-automated high-rack warehouse, further modernisation of the administration building and comprehensive innovations in the company’s own IT and software. (GK)
Fibre2Fashion News Desk – India
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