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Photo: Baldwin Technology Company Inc.
Adina Starke
13.12.2022

Adina Starke joins Baldwin Technology as West Coast Regional Sales Manager

Baldwin Technology Co. Inc. has appointed Adina Starke, a seasoned print and packaging professional with wide-ranging expertise, as Regional Sales Leader for the West Coast.

At Baldwin Technology Company Inc., a leading global manufacturer and supplier of innovative process-automation equipment, parts, service and consumables for the printing, packaging, textile, plastic film extrusion and corrugated industries, Starke will be responsible for all product sales to print and packaging professionals in Washington, Idaho, Oregon, California, Nevada, Arizona, Utah, Alaska and western Canada.

Starke has spent the past 15 years in various technical and sales roles in the print and packaging industry. Most recently, she spent four years with All Printing Resources (formerly JVI Solutions), as a Territory Manager and a Technical Sales and Business Development Representative. Prior to that, she spent several years with Lohmann Specialty Coating and Sun Chemical.

Starke graduated from Clemson University with a Bachelor of Science degree in Graphic Communications.

Baldwin Technology Co. Inc. has appointed Adina Starke, a seasoned print and packaging professional with wide-ranging expertise, as Regional Sales Leader for the West Coast.

At Baldwin Technology Company Inc., a leading global manufacturer and supplier of innovative process-automation equipment, parts, service and consumables for the printing, packaging, textile, plastic film extrusion and corrugated industries, Starke will be responsible for all product sales to print and packaging professionals in Washington, Idaho, Oregon, California, Nevada, Arizona, Utah, Alaska and western Canada.

Starke has spent the past 15 years in various technical and sales roles in the print and packaging industry. Most recently, she spent four years with All Printing Resources (formerly JVI Solutions), as a Territory Manager and a Technical Sales and Business Development Representative. Prior to that, she spent several years with Lohmann Specialty Coating and Sun Chemical.

Starke graduated from Clemson University with a Bachelor of Science degree in Graphic Communications.

Source:

Baldwin Technology Company Inc.

Photo Trützschler Card Clothing
08.12.2022

Trützschler Card Clothing expands its site in Neubulach

Trützschler Card Clothing (TCC), technology leader in the manufacture of high-performance card clothings for textile yarn processing, is expanding its site in Neubulach, Germany. With the twelve-million-euro investment, the supplier for the international textile machinery industry is expanding its production, warehouse and office capacities. A groundbreaking ceremony will take place during the coming winter.

The new building will expand the warehouse and logistics area by 600 square meters, to make a total area of 2,800 square meters. In the optimized cube of the new hall, a modern warehouse system will double the storage capacity. There will also be a fully automated warehouse for coils for sawtooth wires. During the construction phase, logistics and shipping will be temporarily outsourced to Pforzheim-Büchenbronn.

Trützschler Card Clothing (TCC), technology leader in the manufacture of high-performance card clothings for textile yarn processing, is expanding its site in Neubulach, Germany. With the twelve-million-euro investment, the supplier for the international textile machinery industry is expanding its production, warehouse and office capacities. A groundbreaking ceremony will take place during the coming winter.

The new building will expand the warehouse and logistics area by 600 square meters, to make a total area of 2,800 square meters. In the optimized cube of the new hall, a modern warehouse system will double the storage capacity. There will also be a fully automated warehouse for coils for sawtooth wires. During the construction phase, logistics and shipping will be temporarily outsourced to Pforzheim-Büchenbronn.

The move into the new building is planned for 2024. TCC will also expand the range of services and the production intensity at the site, while optimizing the process flows. Trützschler intends to recruit the additional employees required within a short timeframe by hiring new staff and offering apprenticeships at the Neubulach site. TCC employs more than 130 people in Germany, with a further 220 people employed worldwide at locations in Brazil, China, India, Mexico, Turkey and the USA.

Overall, the production area will be expanded from 4,000 to 5,400 square meters. This will enable the process flows to be optimized. The office space will be increased to 1,000 square meters. An additional level of the building will provide modern workplaces for administration and sales.

The new building will also improve access and exit routes for truck traffic. This will provide considerable relief for the local neighborhood in terms of noise emissions and other factors. Good integration into the region is very important to Trützschler. All contracts for planning, construction and air conditioning technology have been awarded to local companies.

In the future, TCC will operate its production facility in Neubulach in a climate-neutral manner. This will contribute important progress toward achieving the ambitious climate goals of the Trützschler Group. The new production facility will meet the highest requirements for energy efficiency and climate protection. Heating is provided by process heat recovery and geothermal energy. In addition, the company produces green electricity via its own solar panels.

"By expanding our business here in Neubulach, we are strengthening our presence in this area and our leading global market position too," says Managing Director Peter Gäbler. The Trützschler Group SE is also investing in India to build a new site with over 100,000 square meters for the Spinning, Card Clothing and Nonwovens business units. "It is important to be close to the customer worldwide because our foreign companies make a significant contribution to the success of the Group," says Gäbler.

TCC achieved another record sales result in 2021. Demand for the technology components for carding fibers in spinning mills and for carding in nonwovens production has increased significantly. The steel sawtooth wires, which are wound onto coils and produced for customers around the globe, eventually get worn down by use in production processes – so it is necessary to replace them regularly. For this reason, further growth is expected in 2022 and beyond.

 

More information:
Trützschler Card Clothing
Source:

Trützschler Card Clothing

(c) Brückner / TEXCOM
from left to right: Ronaldo Huber (MAPEKO), Esteban Scigliano (TEXCOM) and Rodrigo Huber (MAPEKO) in front of one of the two new BRÜCKNER POWER-FRAME stenters
06.12.2022

TEXCOM started up BRÜCKNER POWER-FRAME stenters

TEXCOM has recently started up two new BRÜCKNER POWER-FRAME stenters for knitted fabric with eight compartments and lubrication-free vertical chain and direct gas heating. This is already the 5th BRÜCKNER line purchased by TEXCOM and the successful continuation of the cooperation with BRÜCKNER since 1979. The third member of this successful alliance is the commercial agency, MAPEKO, which has been active for BRÜCKNER for several decades and in the 3rd generation.

With 3 production plants, a commercial office and 6 sales stores distributed around the country, TEXCOM manufactures and distributes knitted fabrics for a highly demanded market, where sports, technical, fashion and workwear fabrics stand out. The company's own developments, such as Twintex, Polisap, Neodry, Sense, Texcom antibacterial, among other brands, are perfect for sports and leisure due to their technical attributes. The company attaches great importance to the fact that all processed materials have the appropriate current environmental certificate (Öko Tex Standard 100, BlueSign and ZDHC)and efficient as well as responsible chemicals are used.

TEXCOM has recently started up two new BRÜCKNER POWER-FRAME stenters for knitted fabric with eight compartments and lubrication-free vertical chain and direct gas heating. This is already the 5th BRÜCKNER line purchased by TEXCOM and the successful continuation of the cooperation with BRÜCKNER since 1979. The third member of this successful alliance is the commercial agency, MAPEKO, which has been active for BRÜCKNER for several decades and in the 3rd generation.

With 3 production plants, a commercial office and 6 sales stores distributed around the country, TEXCOM manufactures and distributes knitted fabrics for a highly demanded market, where sports, technical, fashion and workwear fabrics stand out. The company's own developments, such as Twintex, Polisap, Neodry, Sense, Texcom antibacterial, among other brands, are perfect for sports and leisure due to their technical attributes. The company attaches great importance to the fact that all processed materials have the appropriate current environmental certificate (Öko Tex Standard 100, BlueSign and ZDHC)and efficient as well as responsible chemicals are used.

With more than 100 circular knitting machines and a wide range of possibilities for rotary printing, sublimation, lamination as well as special finishes such as antibacterial or hydrophilic, TEXCOM produces premium sports and leisure wear. This includes the official jersey of Argentina's national soccer team.

More information:
TEXCOM Brückner stenters
Source:

Brückner Trockentechnik GmbH & Co. KG

Russ Hall Photot Montalvo
21.11.2022

Russ Hall new Chief Executive Officer at Montalvo

The Montalvo Corporation, an international industry leader in web tension control products and services based in Gorham Maine, has promoted interim CEO Russ Hall to Chief Executive Officer (CEO).

Hall moves into this new role with over 35 years of business and leadership experience spanning a large variety of previous positions ranging from technical sales and support, customer service, sales management, and executive leadership roles. He has already been involved in and will continue the work of expanding Montalvo’s market share, improving Montalvo’s product line, and strengthening Montalvo’s international presence.  

The Montalvo Corporation, an international industry leader in web tension control products and services based in Gorham Maine, has promoted interim CEO Russ Hall to Chief Executive Officer (CEO).

Hall moves into this new role with over 35 years of business and leadership experience spanning a large variety of previous positions ranging from technical sales and support, customer service, sales management, and executive leadership roles. He has already been involved in and will continue the work of expanding Montalvo’s market share, improving Montalvo’s product line, and strengthening Montalvo’s international presence.  

Russ Hall explains: “It truly is an honor for me to move into this role with Montalvo. I look forward to leading one of the strongest teams Montalvo has had in its history which is focused on innovation and achieving our vision of becoming the global leader in Web Tension Control Systems and solutions. We are expanding our reach into new industries, and we are developing new products and solutions that raise expectations in our industry, while at the same time branching out to offer customers complete solutions for their Web Handling needs through in-house capabilities and an impressive group of business partners”.

Source:

The Montalvo Corporation

04.11.2022

Rieter publishes Investor Update 2022

  • Sales of CHF 366.8 million in the third quarter, CHF 987.4 million after nine months
  • Order intake of CHF 226.4 million in the third quarter, CHF 1 095.8 million after nine months
  • Order backlog of around CHF 2 000 million as of September 30, 2022
  • Precautionary measures taken against potential energy crisis in Europe
  • Financing of a Professorship for Artificial Intelligence
  • Rieter site sales process on schedule
  • Outlook 2022

Rieter recorded a significant increase in sales in the third quarter of 2022, reaching a level of CHF 366.8 million (2021: CHF 257.3 million). The measures introduced to increase sales and profitability in the second half of 2022 are taking effect and will continue to be implemented in a systematic manner. These include a close cooperation with key suppliers, the development of alternative solutions to eliminate material shortages, the enforcement of price increases, and the improvement of the margin quality of the order backlog.

  • Sales of CHF 366.8 million in the third quarter, CHF 987.4 million after nine months
  • Order intake of CHF 226.4 million in the third quarter, CHF 1 095.8 million after nine months
  • Order backlog of around CHF 2 000 million as of September 30, 2022
  • Precautionary measures taken against potential energy crisis in Europe
  • Financing of a Professorship for Artificial Intelligence
  • Rieter site sales process on schedule
  • Outlook 2022

Rieter recorded a significant increase in sales in the third quarter of 2022, reaching a level of CHF 366.8 million (2021: CHF 257.3 million). The measures introduced to increase sales and profitability in the second half of 2022 are taking effect and will continue to be implemented in a systematic manner. These include a close cooperation with key suppliers, the development of alternative solutions to eliminate material shortages, the enforcement of price increases, and the improvement of the margin quality of the order backlog.

The order intake of CHF 226.4 million in the third quarter of 2022 reflects the expected normalization of demand for new equipment compared to the record year of 2021, which was characterized by catch-up effects and the regional shift in demand. In addition, the well-known uncertainties and risks and the continuing extremely long delivery times at key manufacturers had a dampening effect on demand. Due to the slowdown in capacity utilization in the spinning mills, demand for consumables, wear & tear and spare parts also declined in the third quarter of 2022. Major orders continued to be recorded from Turkey, Uzbekistan, and China.

Rieter has a high order backlog of around CHF 2 000 million as of September 30, 2022 (September 30, 2021: CHF 1 562 million), which will guarantee capacity utilization in all three business groups until well into 2023 or rather 2024. The cancellation rate in the reporting period was around 5% of the order backlog.

Outlook 2022
Rieter anticipates weakened demand for new systems in the coming months. The demand for consumables, wear & tear and spare parts will depend on the capacity utilization of spinning mills in the months ahead.

For the full year 2022, Rieter expects sales of around CHF 1 400 million. The realization of sales revenue from the order backlog continues to be associated with risks in relation to the well-known uncertainties.

Despite significantly higher sales compared to the prior-year period, Rieter expects EBIT and net result for 2022 to be below the previous year’s level. This is due to the considerable increases in the cost of materials and logistics, additional costs for compensation of material shortages as well as expenses in connection with the acquisition in the years 2021/2022.

More information:
Rieter financial year 2022
Source:

Rieter Management AG

Photo: Monforts
The new seven chamber Montex TwinAir stenter range with Montex®Coat coating at the plant.
26.10.2022

Dolinschek: Compression stockings in a variety of colours

The identification of profitable new niche markets has been central to the success and continuous expansion of Germany’s Dolinschek, a leading knitting, dyeing and finishing specialist, located in Burladingen in Baden-Württemberg.

“There is so much more to textiles than just clothing,” says Theo Dolinschek, who runs the company with his brother Erwin. “We handle many different technical materials such as automotive components, geotextiles and wallcoverings, but also those for more unusual applications such as inlays for extractor hoods, cut protection fabrics and even wool felts which are employed as insulation on wind turbines.

“We have also recently started to produce compression stockings in a variety of colours, because not everyone wants them black, beige or skin coloured. The most important product areas for us now are in sportswear, corsetry and lingerie, as well as orthopedic and medical products, workwear and protective clothing, but in addition, many other technical applications.”

The identification of profitable new niche markets has been central to the success and continuous expansion of Germany’s Dolinschek, a leading knitting, dyeing and finishing specialist, located in Burladingen in Baden-Württemberg.

“There is so much more to textiles than just clothing,” says Theo Dolinschek, who runs the company with his brother Erwin. “We handle many different technical materials such as automotive components, geotextiles and wallcoverings, but also those for more unusual applications such as inlays for extractor hoods, cut protection fabrics and even wool felts which are employed as insulation on wind turbines.

“We have also recently started to produce compression stockings in a variety of colours, because not everyone wants them black, beige or skin coloured. The most important product areas for us now are in sportswear, corsetry and lingerie, as well as orthopedic and medical products, workwear and protective clothing, but in addition, many other technical applications.”

The Dolinschek brothers moved their business to the historic site of the former Ambrosius Heim textile company in Burladingen in 2001 in order to expand. At the time, the company – founded by their father in 1980 as a textile wholesaler before moving into dyeing – employed just 13 people. Within a year, the company had bought additional space at the site.

Now, with Theo in charge of technology and sales, and Erwin responsible for production, the company employs almost 100 people and operates on an integrated site of 35,000 square metres.

In 2005, a laminating department was established by the company and since 2012 investment in knitting machines has been ongoing.

“The further we went into vertical integration, the more of our own products we were able to position on the market and so we were also able to make ourselves more independent,” says Theo. “We have continued to develop and today we can produce high-quality fabrics for many fields, with 42 knitting machines, 36 dyeing machines, three stenter frames and many other production and processing machines.”

Dolinschek has also developed its own proprietary TMG dyeing machines which have subsequently been successfully sold to many other companies all over the world. There are currently 11 of these machines  in operation at the Burladingen site and around 45 installed at other companies.

For finishing technology, however, the company relies on Monforts, and has installed a new seven chamber Montex TwinAir stenter range with a Montex®Coat coating unit in knife execution, enabling the coating of dimensionally stable knitted fabrics with polyurethane or acrylate. Another unique feature is the Teflon-coated (non-stick) transportation belt through the system.

The Montex line is also equipped with integrated heat recovery and exhaust gas purification to ensure the most resource-efficient processing available on the market. The exhaust air goes from the Monforts heat recovery system into an existing air/water heat recovery system and then into an electrostatic precipitator.

Highly-intuitive Monforts Qualitex visualisation software allows all machine functions and process parameters to be assessed and controlled easily.

 

More information:
Dolinschek Monforts
Source:

AWOL Media

(c) BRÜCKNER
The project team of BRÜCKNER and HEATHCOAT in BRÜCKNER’s Technology Centre in Leonberg
04.10.2022

BRÜCKNER: New finishing line for British company HEATHCOAT FABRICS

HEATHCOAT FABRICS partnered again with BRÜCKNER Textile Technologies and their sales partner ADVANCED DYEING SOLUTIONS to install a finishing line for industrial textiles. HEATHCOAT FABRICS specializes in the production of technical textiles in the fields of texturising, weaving and warp knitting as well as dyeing and finishing. The prroducts are manufactured for use in the automotive, healthcare, defence, and aerospace industries

Mrs. Regina Brückner, CEO and owner of the BRÜCKNER Group stated: "To meet the complex re-quirements of HEATHCOAT is not easy because of the great variety of technical textiles produced. Our line has to finish light as well as heavy articles, so the design, control and the whole line layout have to be flexible, functional and still easy to operate. Fortunately, the team at HEATHCOAT FABRICS is very innovative and open-minded, and together we worked hard to develop the right technology and han-dling. We are very happy that we could convince this customer, whom we appreciate very much, with the productivity of our line and of course with our technological know-how."

HEATHCOAT FABRICS partnered again with BRÜCKNER Textile Technologies and their sales partner ADVANCED DYEING SOLUTIONS to install a finishing line for industrial textiles. HEATHCOAT FABRICS specializes in the production of technical textiles in the fields of texturising, weaving and warp knitting as well as dyeing and finishing. The prroducts are manufactured for use in the automotive, healthcare, defence, and aerospace industries

Mrs. Regina Brückner, CEO and owner of the BRÜCKNER Group stated: "To meet the complex re-quirements of HEATHCOAT is not easy because of the great variety of technical textiles produced. Our line has to finish light as well as heavy articles, so the design, control and the whole line layout have to be flexible, functional and still easy to operate. Fortunately, the team at HEATHCOAT FABRICS is very innovative and open-minded, and together we worked hard to develop the right technology and han-dling. We are very happy that we could convince this customer, whom we appreciate very much, with the productivity of our line and of course with our technological know-how."

The direct gas heated BRÜCKNER POWER-FRAME stenter with its staggered heating source arrangement every half zone provides best available temperature consistency across the length and the width of the stenter. The unit is equipped with a low-lub, horizontally returning combined pin / clip chain and several fabric paths, especially designed for the different fabrics being processed. Together with HEATHCOAT FABRICS technologists, the BRÜCKNER design team developed a special delivery end of the stenter with different edge trimming and slitting possibilities. Depending on the kind of products, the fabrics can be batched on large diameter A-frames, wound on cardboard tubes or plaited into trolleys.

Source:

Brückner Trockentechnik GmbH & Co. KG

(c) Baldwin Technology Company Inc.
Baldwin’s Rick Stanford and Fi-Tech’s Ian Mills kick off partnership with a handshake
03.10.2022

Baldwin Technology partners with Fi-Tech to represent textile finishing technologies

Baldwin Technology Co. Inc. and Fi-Tech Inc. join partnership to ensure service amid growing demand for sustainable solutions. Fi-Tech Inc. will represent Baldwin Technology Co. Inc.’s complete textile and nonwoven product lines as its sales agent in the U.S. and Canada.

Founded in 1972 and headquartered in Richmond, Virginia, Fi-Tech is an agency and distribution firm for textile and non-woven machinery. Its initial focus was on synthetic fibers and nonwovens and it has since expanded its portfolio to represent manufacturers of complete machines or technical components used in the production of nonwovens, synthetic fibers, polymer, textiles, converting, perforated products and tobacco processing. Fi-Tech also maintains a spare parts inventory for many of the companies it represents.

Baldwin Technology Co. Inc. and Fi-Tech Inc. join partnership to ensure service amid growing demand for sustainable solutions. Fi-Tech Inc. will represent Baldwin Technology Co. Inc.’s complete textile and nonwoven product lines as its sales agent in the U.S. and Canada.

Founded in 1972 and headquartered in Richmond, Virginia, Fi-Tech is an agency and distribution firm for textile and non-woven machinery. Its initial focus was on synthetic fibers and nonwovens and it has since expanded its portfolio to represent manufacturers of complete machines or technical components used in the production of nonwovens, synthetic fibers, polymer, textiles, converting, perforated products and tobacco processing. Fi-Tech also maintains a spare parts inventory for many of the companies it represents.

“With the increasing demand of Baldwin’s finishing technology, we needed to find the right partner for sales promotion in the U.S. and Canadian markets for knits, wovens and non-wovens,” said Rick Stanford, Baldwin Technology’s VP Global Business Development, Textiles. “Fi-Tech of Richmond, Virginia is the perfect partner. They are well established in the textile and non-wovens industry and their portfolio of principals provides excellent synergy with Baldwin’s precision spray and plasma treater systems.”

Baldwin’s solutions are used in a wide variety of fabrics from basic jersey and fleece with softening and anti-microbial finishes to technical fabrics such as outdoor gear, military, upholstery, automotive and industrial fabrics utilizing the latest in technical finishes such as DWR, soil release, flame retardants and insect repellent among others.

Source:

Baldwin Technology Company Inc. / Adduco Communications

SHIMA SEIKI
22.09.2022

Virtual Samples: SHIMA SEIKI and KDDI launch XR Mannequin for APEXFiz

SHIMA SEIKI announces a sales promotion package for the apparel industry together with KDDI, Linking 3D fashion design with cross-reality― realizing digital catalogs, VR showrooms and new customer experience allowing 360-degree viewing without actual samples

Leading fashion technologist SHIMA SEIKI MFG., LTD. of Wakayama, Japan together with telecommunications company KDDI Corporation of Tokyo, Japan launched "XR Mannequin for APEXFiz," a sales promotion package that links SHIMA SEIKI's APEXFiz design software for the apparel industry with KDDI's XR (cross-reality) technology.

SHIMA SEIKI announces a sales promotion package for the apparel industry together with KDDI, Linking 3D fashion design with cross-reality― realizing digital catalogs, VR showrooms and new customer experience allowing 360-degree viewing without actual samples

Leading fashion technologist SHIMA SEIKI MFG., LTD. of Wakayama, Japan together with telecommunications company KDDI Corporation of Tokyo, Japan launched "XR Mannequin for APEXFiz," a sales promotion package that links SHIMA SEIKI's APEXFiz design software for the apparel industry with KDDI's XR (cross-reality) technology.

XR Mannequin for APEXFiz will be offered to the apparel industry. Using an XR Mannequin that enables viewers to check product images from any angle in 360 degrees on various devices, XR Mannequin for APEXFiz enables digital catalogues with 3D virtual sample image data of garments designed on APEXFiz design software, 360-degree VR showrooms, as well as digitally extended stores. It also realizes virtual proposals at exhibitions, showroom-style stores with no inventory, and user-friendly purchase experience on e-commerce sites, and more. It also allows users to reduce excess stock at stores and create new sales opportunities.

Eventually, by adding movement to models wearing Virtual Samples and rendering them on a cloud server, customers will be able to view high-resolution virtual fashion shows on their smartphones and other devices.

 Until now, the apparel industry has been making actual product samples in each of the planning and design stages of production. This process not only takes an enormous amount of time and cost, but generates waste of raw materials including fabric that require disposal. At the retail stage, stores also needed to have various sizes and colors in stock to address a wide range of customer preferences, resulting in excess inventory.

With SHIMA SEIKI's APEXFiz, designs can be evaluated without making actual samples, minimizing resources spent on sample production as well as lead time, enabling environmentally-friendly manufacturing.

In May 2022, KDDI developed a high-resolution XR mannequin for apparel sales, with support from Google Cloud. It enables various devices such as store signages and smartphones to check products from any angle in 360 degrees, enabling stores to sell products without maintaining inventory.

SHIMA SEIKI and KDDI combines APEXFiz and XR Mannequin to start providing XR Mannequin for APEXFiz. This brings DX solutions to all stages in the supply chain for the apparel industry, from planning and design to sample making, production, distribution, and retail sales. SHIMA SEIKI and KDDI will continue to create services together that link each other's products, to bring about a sustainable society by reducing excess stock, and providing a customer experience that gives peace of mind when purchasing products.

Source:

SHIMA SEIKI

Photo: Reifenhäuser
15.09.2022

PFNonwovens invests in Reicofil RF5 technology in South Africa

RF5 SMMS 3200 nonwovens line is scheduled to be commissioned in the fourth quarter of 2022, and will be the first Reicofil 5 (RF5) line operating in Africa.

PFNonwovens is one of the most innovative nonwoven companies in the world, and continues to grow its footprint in the US, Europe and Africa. PFN wants to set a new benchmark of high-quality and innovative products for the Southern African markets with this purchase.

RF5 SMMS 3200 nonwovens line is scheduled to be commissioned in the fourth quarter of 2022, and will be the first Reicofil 5 (RF5) line operating in Africa.

PFNonwovens is one of the most innovative nonwoven companies in the world, and continues to grow its footprint in the US, Europe and Africa. PFN wants to set a new benchmark of high-quality and innovative products for the Southern African markets with this purchase.

Markus Mueller, Sales Director of Reifenhäuser Reicofil and Key Account Manager for PFNonwovens, adds: “Since 2018, Reicofil has been delivering RF5 lines to support the global hygiene industry across four continents. The hygiene industry values the consistent product quality provided by RF5 and the key product performance properties it delivers at lower basis weights helping to drive industry sustainability goals. With an energy requirement of 1-1.2 kilowatt hours per kilogram produced, Reicofil 5 manages the conversion from raw material to nonwoven more efficiently than any other technology on the market. We are very pleased that after many years of partnership cooperation with PFNonwovens, we are now able to establish this technology at their South Africa location and look forward to our further collaboration to serve the hygiene and medical market in the whole region with top quality products.”

Source:

Reifenhäuser

Photo: International Garment Machinery, Spare Parts and Sub-Industry Exhibition
14.09.2022

IGM 2022 ended with great interest

27th International Garment Machinery, Spare Parts and Sub-Industry Exhibition, one of the largest exhibitions in Europe ended with great interest. The IGM 2022 Exhibition, which hosted ready-to-wear investors and leading brands of the garment machinery sector in Istanbul for 4 days, satisfied the exhibitors with the number of foreign and domestic visitors and machinery sales.

27th International Garment Machinery, Spare Parts and Sub-Industry Exhibition, one of the largest exhibitions in Europe ended with great interest. The IGM 2022 Exhibition, which hosted ready-to-wear investors and leading brands of the garment machinery sector in Istanbul for 4 days, satisfied the exhibitors with the number of foreign and domestic visitors and machinery sales.

IGM 2022, Turkey's first and only international exhibition in its field, has become the most comprehensive meeting point of the sector where all technologies used in garment and ready-to-wear production from sewing to cutting, ironing systems to packaging, embroidery to printing are exhibited. IGM 2022, the first international exhibition organized in the garment industry after the pandemic, turned into a platform where many firsts were achieved. Especially domestic machinery manufacturers introduced the latest technologies and innovations developed in the last 4 years for the first time at IGM 2022. In addition, the latest models of embroidery machines were exhibited in working condition only at IGM 2022. International buyers, who had the opportunity to observe and examine all the innovations in the apparel and ready-to-wear sector together, had the opportunity to direct their investments thanks to IGM 2022.

The exhibition, organized in partnership with Tüyap & Teknik Fairs Inc. and in cooperation with KOMİD- Garment Automation Machinery Manufacturers Association and İNSAD- Istanbul Embroidery Industrialists Association, was held at Tüyap Fair and Congress Center on September 8-11. The IGM 2022 Exhibition, which was attended by 100 companies and company representatives from countries including Turkey, Japan, USA, China, South Korea, Brazil, Brazil, Italy, Spain, Germany, Greece, Netherlands, Bangladesh and Iran, was visited by 9822 sector professionals from 64 countries, including 1483 international and 8339 domestic visitors.

Next Meeting on September 21-24, 2023
The next meeting of the IGM 2023 Exhibition will be held at Tüyap Fair and Congress Center between September 21-24, 2023. Considering the dates of the exhibitions organized in the same sector in different countries of the world and Europe and the gains of the sector, an exhibition calendar was determined for the IGM Exhibitions to be held biennially. IGM Exhibition will be organized in 2023 and the following odd years (such as 2025-2027) in order to prevent companies from being under the burden of exhibitions in terms of both time and budget due to participating in more than one exhibition in the same year.

Source:

International Garment Machinery, Spare Parts and Sub-Industry Exhibition

(c) Shima Seiki
31.08.2022

SHIMA SEIKI to Exhibit at CAITME 2022

Leading computerized knitting machine manufacturer SHIMA SEIKI MFG., LTD. of Wakayama, Japan, together with its Turkish sales representative TETAS A.S., will participate in the CAITME 2022 Central Asian International Textile Machinery Exhibition in Tashkent, Uzbekistan next month.

This is the first time SHIMA SEIKI products are shown at the exhibition. Uzbekistan has been keen to convert its industry from raw material supplier to garment exporter, and therefore its market offers new opportunities for development and implementation of new technology.

Leading computerized knitting machine manufacturer SHIMA SEIKI MFG., LTD. of Wakayama, Japan, together with its Turkish sales representative TETAS A.S., will participate in the CAITME 2022 Central Asian International Textile Machinery Exhibition in Tashkent, Uzbekistan next month.

This is the first time SHIMA SEIKI products are shown at the exhibition. Uzbekistan has been keen to convert its industry from raw material supplier to garment exporter, and therefore its market offers new opportunities for development and implementation of new technology.

To that end, SHIMA SEIKI will exhibit its WHOLEGARMENT® knitting technology that can knit an entire garment and requires no post-process sewing. On display will be the MACH2VS WHOLEGARMENT® knitting machine. The flexible and versatile MACH2VS is capable of knitting a range of production styles. As a conventional shaping machine, it is capable of all-needle knitting in its available range of 8 to 18 gauge, while WHOLEGARMENT® knitwear can be produced in half-gauge fabrics. The range of usable yarn and material has increased as well, thanks to i-DSCS+DTC® as standard equipment. The R2CARRIAGE® system that yields quicker carriage returns for greater efficiency, now features a lighter carriage for even higher productivity. MACH2VS is even capable of gaugeless knitting whereby a number of different gauges can be knit into a single garment.

Meanwhile the N.SSR112 computerized flat knitting machine offers leading technology in an economical yet reliable package. Featuring industry-leading innovations such as the R2CARRIAGE®, spring-type moveable sinker, DSCS® Digital Stitch Control System, stitch presser and takedown comb, Made-in-Japan quality, reliability, productivity, user-friendliness and cost-performance combine to satisfy the high expectations of the world's fashion industry.

Demonstrations will be performed on SHIMA SEIKI's SDS®-ONE APEX4 design system. At the core of the company’s "Total Fashion System" concept, SDS®-ONE APEX4 provides comprehensive support throughout the production supply chain, integrating production into one smooth and efficient workflow from yarn development, product planning and design, to production and even sales promotion. Especially effective is the way SDS®-ONE APEX4 improves on the design evaluation process with its ultra-realistic simulation capability, whereby virtual samples replace physical sampling, consequently reducing time, cost and material that otherwise go to waste. Digital prototyping using virtual samples on SDS®-ONE APEX4 help to digitally transform the fashion supply chain for realizing sustainable manufacturing

25.08.2022

PICANOL GROUP: Strong first HY22, but …

In comparison to HY 21 revenue went up by 26% to 1,707.3 million EUR, the profit reached 123.9 million EUR (+6%).

Machines & Technologies revenue increased by +10%. The revenue of Agro increased by +46%, Bio-valorization revenue increased by +27%, the revenue of Industrial Solutions increased by +21%, and the revenue of T-Power increased by 4%. This revenue increase could be mainly realized thanks to higher sales prices, implemented to compensate the increase of raw material, energy and transportation costs in most segments.

In comparison to HY 21 revenue went up by 26% to 1,707.3 million EUR, the profit reached 123.9 million EUR (+6%).

Machines & Technologies revenue increased by +10%. The revenue of Agro increased by +46%, Bio-valorization revenue increased by +27%, the revenue of Industrial Solutions increased by +21%, and the revenue of T-Power increased by 4%. This revenue increase could be mainly realized thanks to higher sales prices, implemented to compensate the increase of raw material, energy and transportation costs in most segments.

In the first half of 2022, revenue increased by +10% for the segment Machines & Technologies. This increase in revenue took place both in weaving machines (Picanol) and other industrial activities (Proferro, PsiControl). Picanol launched the OmniPlus-i TC Connect weaving machine into the Machines & Technologies segment in early 2022. This model, which was specifically made for weaving tire cord, has been upgraded with the latest airjet technology and equipped with the features of the new generation Connect weaving machines. However, HY22 Adjusted EBITDA decreased by 64% compared to last year due to the negative impact of rising raw material prices, transportation costs and costs of late deliveries, which could not be translated into higher selling prices, partly due to the large order book.

The group anticipates a continued high level of uncertainty in the second half of 2022, as well as in 2023, due to the current conflict in Eastern Europe, the difficult supply chain circumstances, and other challenges following the coronavirus pandemic. The development of customer demand and sales margin could therefore come under pressure. However, based on currently available information, Picanol Group expects that the 2022 Adjusted EBITDA will be higher than the 2021 Adjusted EBITDA (430.3 million EUR). This revised outlook for the 2022 financial year reflects the strong first half of the year, while the result for the second half is expected to be in line with the same period in the previous year.

More information:
Picanol Group
Source:

Picanol Group

(c) Shima Seiki
16.08.2022

SHIMA SEIKI exhibiting at FEBRATEX 2022

Japanese flat knitting machine manufacturer SHIMA SEIKI MFG., LTD. will exhibit at the Brazilian Textile Industry Fair (FEBRATEX 2022) this month. On display will be the cutting edge in computerized flat knitting technology, represented by the latest WHOLEGARMENT® machines and design system.

The flagship MACH2XS series features the company’s original SlideNeedle™ on four needle beds and spring-type sinker system supporting a wide range of high-quality WHOLEGARMENT® knitting in all needles. The versatile MACH2S is capable of both WHOLEGARMENT® knitting and shaping on a conventional V-bed. SVR123SP features a special loop presser bed and is capable of producing unique woven-like hybrid fabrics as well as technical textiles. At FEBRATEX it will demonstrate its capability by knitting shoe uppers. The SVR and N.SSR workhorse machines set the industry benchmark for shaping machines, with SVR202 featuring tandem knitting capability for flexible operation. The SFG and SFG-I glove knitting machines rounds out the comprehensive lineup.

Japanese flat knitting machine manufacturer SHIMA SEIKI MFG., LTD. will exhibit at the Brazilian Textile Industry Fair (FEBRATEX 2022) this month. On display will be the cutting edge in computerized flat knitting technology, represented by the latest WHOLEGARMENT® machines and design system.

The flagship MACH2XS series features the company’s original SlideNeedle™ on four needle beds and spring-type sinker system supporting a wide range of high-quality WHOLEGARMENT® knitting in all needles. The versatile MACH2S is capable of both WHOLEGARMENT® knitting and shaping on a conventional V-bed. SVR123SP features a special loop presser bed and is capable of producing unique woven-like hybrid fabrics as well as technical textiles. At FEBRATEX it will demonstrate its capability by knitting shoe uppers. The SVR and N.SSR workhorse machines set the industry benchmark for shaping machines, with SVR202 featuring tandem knitting capability for flexible operation. The SFG and SFG-I glove knitting machines rounds out the comprehensive lineup.

Demonstrations will also be performed on SHIMA SEIKI’s SDS-ONE APEX4 3D design system that is at the core of the company’s “Total Knitting System” concept. With comprehensive support of all aspects throughout the knit supply chain, SDS-ONE APEX4 integrates knit production into one efficient workflow from yarn development, product planning and design to machine programming, production and even sales promotion. Especially effective is SDS-ONE APEX4’s capability to improve on the planning process with virtual sampling. Photo-realistic simulation capability minimizes the need for sample-making, effectively reducing time, material and cost from the prototyping process.

08.08.2022

Mahlo at Febratex

Brazil hosts all industries needed for textile and garment production - from fiber to final production. This is why Mahlo, with its diverse solutions on straightening technology and process control, will exhibit at Febratex, held on August 23-26 in Blumenau.

"No matter what products they make, all producers have the same goals at the end of the day," says Area Sales Manager Miguel Lessel. "High-quality goods without distortion and optimized processes that combine quality and economy.

The automatic straightening system of the world market leader ensures thread-straight fabric in almost all applications. The modular system can be adapted to individual production conditions. To optimize the processes around the stenter frame, Mahlo offers various process control systems. These can be used, for example, to measure and control critical parameters such as dwell time, thread density or residual moisture. These systems not only help to improve the quality of the textiles, but also to save raw materials and reduce energy costs.

Brazil hosts all industries needed for textile and garment production - from fiber to final production. This is why Mahlo, with its diverse solutions on straightening technology and process control, will exhibit at Febratex, held on August 23-26 in Blumenau.

"No matter what products they make, all producers have the same goals at the end of the day," says Area Sales Manager Miguel Lessel. "High-quality goods without distortion and optimized processes that combine quality and economy.

The automatic straightening system of the world market leader ensures thread-straight fabric in almost all applications. The modular system can be adapted to individual production conditions. To optimize the processes around the stenter frame, Mahlo offers various process control systems. These can be used, for example, to measure and control critical parameters such as dwell time, thread density or residual moisture. These systems not only help to improve the quality of the textiles, but also to save raw materials and reduce energy costs.

Source:

Mahlo GmbH + Co. KG

05.07.2022

ITM 2022: Bringing Textile Technology Leaders together

ITM 2022 hosted textile technology leaders in Istanbul for 5 days, presenting the latest innovations in every field of textile from weaving, knitting, yarn, digital printing, finishing to denim. The ITM 2022 Exhibition, where a business volume of over 1.5 billion Euros was created in 5 days, accelerated the Turkish and world economy.

Organized by the partnership of Teknik Fairs Inc. and Tüyap Tüm Fuarcılık Yapım Inc., ITM 2022- International Textile Machinery Exhibition was held at Tüyap Fair and Congress Center between 14-18 June.  ITM 2022 Exhibition, attended by 1280 companies and company representatives from 65 countries, was visited by 64,500 people from 102 countries, consisting of 44% international and 56% domestic visitors.

ITM 2022 hosted textile technology leaders in Istanbul for 5 days, presenting the latest innovations in every field of textile from weaving, knitting, yarn, digital printing, finishing to denim. The ITM 2022 Exhibition, where a business volume of over 1.5 billion Euros was created in 5 days, accelerated the Turkish and world economy.

Organized by the partnership of Teknik Fairs Inc. and Tüyap Tüm Fuarcılık Yapım Inc., ITM 2022- International Textile Machinery Exhibition was held at Tüyap Fair and Congress Center between 14-18 June.  ITM 2022 Exhibition, attended by 1280 companies and company representatives from 65 countries, was visited by 64,500 people from 102 countries, consisting of 44% international and 56% domestic visitors.

Turkey became a Supply Center at the ITM 2022 Exhibition
The successful sales graph achieved at the ITM 2022 Exhibition proved that the difficulties experienced due to the pandemic for the last 3 years have been left behind. Turkey has become a supply center for European, Middle Eastern and African countries, especially with the disruption of the supply chain in Far East countries, including China. The profile of the professional visitors visiting the ITM 2022 Exhibition revealed that in the new world order that has shifted after the pandemic, the trade network has also changed hands and new players have appeared on the scene. The fact that manufacturers from all over the world such as Andorra, Angola, Honduras, Peru, Seychelles, Sierra Leone, Brazil, Sri Lanka, Tanzania, Egypt, Iran, and Oman purchased a large number of machinery and signed collaborations at the ITM 2022 Exhibition has proven this.

Exhibitors of ITM 2022 enlarge their stands for ITM 2024
Many company officials, who stated that they have achieved a sales graphic far above their expectations starting from the very first day of the ITM 2022 Exhibition and that they have hosted visitors from all over the world, decided to enlarge their stands at the ITM 2024 Exhibition. During the exhibition, companies visited the registration application points and applied for ITM 2024 participation.

The next meeting of the ITM and HIGHTEX Exhibitions will be held in Istanbul between 4-8 June 2024.

Source:

ITM / Teknik Fairs INC.

27.06.2022

Ranga Yogeshwar presents third Top 100 award to Mayer & Cie.

Albstadt-based Mayer & Cie. has been named a Top 100 award-winner for the third time as one of Germany’s most innovative small and mid-range businesses. The jury made special mention of the circular knitting and braiding machine manufacturer’s innovative processes. At the centre of the family firm’s further digital development is on the aim to boost its customers’ productivity. Last Friday, 25 June, members of the Mayer & Cie. management received the award from the science journalist Ranga Yogeshwar at the SMB summit in Frankfurt am Main.

For some time now, the focus of development work at Mayer & Cie. has been on lean management in assembly processes, on optimisation of aftersales service, including setting up an online shop for spare parts, and on product lifecycle management, or PLM, which stands for a concept of seamless integration of all the information that arises during a product’s lifecycle. A clean data structure is the basis for these measures, it’s called the “digital backbone”. It means that all product data is processed in the same database and all information is available only once and can be downloaded immediately.

Albstadt-based Mayer & Cie. has been named a Top 100 award-winner for the third time as one of Germany’s most innovative small and mid-range businesses. The jury made special mention of the circular knitting and braiding machine manufacturer’s innovative processes. At the centre of the family firm’s further digital development is on the aim to boost its customers’ productivity. Last Friday, 25 June, members of the Mayer & Cie. management received the award from the science journalist Ranga Yogeshwar at the SMB summit in Frankfurt am Main.

For some time now, the focus of development work at Mayer & Cie. has been on lean management in assembly processes, on optimisation of aftersales service, including setting up an online shop for spare parts, and on product lifecycle management, or PLM, which stands for a concept of seamless integration of all the information that arises during a product’s lifecycle. A clean data structure is the basis for these measures, it’s called the “digital backbone”. It means that all product data is processed in the same database and all information is available only once and can be downloaded immediately.

In all, 436 companies, including about ten per cent from machinery and plant engineering, competed for the Top 100 seal of innovation this year. Nearly 300 were successful and were congratulated in person by Ranga Yogeshwar at the SMB summit. He noted that the award winners set a role model example. “Innovators are thought leaders; they are always pioneers too,” said Yogeshwar, who mentors the competition. “They put their products to the test and ask themselves what an ecological society and a climate-oriented world will require of them. And they check the opportunities and challenges that increasing digitisation will bring for forms of cooperation, social relationships and, with them, for employee retention.”

More information:
Mayer & Cie Top 100 digitisation
Source:

Mayer & Cie.

13.06.2022

ITM 2022: Bringing Textile Technology Leaders Together

ITM 2022, the first major international textile machinery exhibition to be held in the world after a 3-year hiatus during the pandemic process, is getting ready to open its doors. Bringing the leading brands of textile technologies together in Istanbul, ITM 2022 will host world launches and numerous collaborations for 5 days.

ITM 2022- International Textile Machinery Exhibition, organized in partnership with Teknik Fairs Inc. and Tüyap Tüm Fuarcılık Yapım Inc, will open its doors at Tüyap Fair and Congress Center between 14-18 June. For ITM 2022, which will be held in 12 halls on an area of 120,000 m2; hums of 1280 participating companies from more than 40 countries continues. Tüyap Fairground, where thousands of people sweat for stand setups, is getting ready for the big meeting. ITM 2022, where all halls have reached 100% occupancy rate and 1280 exhibitor companies are located, will also attract attention with the stand areas and machine parks that the manufacturers have enlarged compared to the previous exhibitions.

ITM 2022, the first major international textile machinery exhibition to be held in the world after a 3-year hiatus during the pandemic process, is getting ready to open its doors. Bringing the leading brands of textile technologies together in Istanbul, ITM 2022 will host world launches and numerous collaborations for 5 days.

ITM 2022- International Textile Machinery Exhibition, organized in partnership with Teknik Fairs Inc. and Tüyap Tüm Fuarcılık Yapım Inc, will open its doors at Tüyap Fair and Congress Center between 14-18 June. For ITM 2022, which will be held in 12 halls on an area of 120,000 m2; hums of 1280 participating companies from more than 40 countries continues. Tüyap Fairground, where thousands of people sweat for stand setups, is getting ready for the big meeting. ITM 2022, where all halls have reached 100% occupancy rate and 1280 exhibitor companies are located, will also attract attention with the stand areas and machine parks that the manufacturers have enlarged compared to the previous exhibitions.

Companies will showcase their state-of-the-art technologies for the first time at ITM 2022
Many companies that focus on product development and new productions under pandemic conditions will have the opportunity to introduce their products to their customers for the first time in 3 years at the ITM 2022 Exhibition. Company owners, managers, employees and sector representatives visiting the exhibition will have the opportunity to see the latest technological innovations for the first time and witness their world launches.

Sector representatives, who will open up new horizons in their minds about textile technologies, will sign new products by transforming the extraordinary and original ideas that they have obtained at the ITM 2022 Exhibition into design. Participating companies will also update their machines in line with the demands and needs from the sector representatives and lead the development of new technologies.

Significant Contribution to Exports Aimed with Machine Sales and New Investment Decisions
The textile industry, which is among the locomotive sectors in Turkey's exports, has made a significant contribution to the Turkish economy, especially with the performance increase it has achieved during the pandemic period. Having achieved an increase of up to 40 percent in its exports of textiles and raw materials, Turkey also managed to increase its exports of medical textiles, technical textiles and home textiles. The industry will further increase this success with the collaborations to be realized at ITM 2022. The textile machinery industry will gain great momentum with the machinery sales and new investment decisions to be made at the exhibition.

ITM 2022, which will be attended by many domestic and foreign companies and visited by thousands of people, will be an organization where both domestic and foreign companies will make sales amounting to millions of Euros and many business connections will be realized.

Intense Interest from Trade Delegations
Trade delegations from dozens of countries are requesting to attend the ITM 2022 Exhibition, which is included in the ‘Domestic Organizations Covered by State Incentives’ list by the Ministry of Commerce. Bangladesh, India, Iran, Serbia, Czech Republic, Pakistan, Indonesia, Ethiopia, Malaysia, Mexico, Egypt and Vietnam are among the countries that requested procurement delegations. The intense application of visitors to consulates and commercial attachés from all over the world clearly reveals that ITM 2020 will host a large number of visitors.

ITM 2022 Exhibition Prepares to Break Both Exhibitor and Visitor Records
Company owners, company representatives and visitors left the 2018 edition of the ITM Exhibition very satisfied. ITM 2018 Exhibition, attended by 1150 companies and company representatives from 64 countries and visited by approximately 60 thousand people from 94 countries made a significant contribution to the export records of the textile industry that year. At the ITM 2022; It is getting ready to break new records with the number of participants and visitors coming from Turkey and abroad.

Technical Textiles and Nonwovens Industry Will Meet at HIGHTEX 2022 Exhibition
On the other hand, HIGHTEX 2022 Exhibition, which will be held simultaneously with the ITM 2022 Exhibition, will be an exhibition where Nonwoven products, raw materials used in their production and the state-of-the-art technologies will be exhibited. HIGHTEX 2022 Exhibition, which is the first and only in its field in Turkey, will host a record number of participants and visitors in parallel with the increase in demand for technical textiles. At the HIGHTEX 2022 Exhibition, companies operating in many sectors, from medical textiles to hygienic textiles, from agricultural textiles to geotextiles, will exhibit their latest products and production technologies. Nonwoven manufacturers will come together with the global players of the sector and have the opportunity to both invest in technology and introduce their newest products.

More information:
ITM
Source:

ITM

06.06.2022

SHIMA SEIKI to exhibit at ITM 2022

SHIMA SEIKI MFG. will participate in the ITM 2022 International Textile Machinery Exhibition in Istanbul, Turkey.

SHIMA SEIKI MFG. will participate in the ITM 2022 International Textile Machinery Exhibition in Istanbul, Turkey.

SHIMA SEIKI will exhibit a wide range of its products, including proposals in seam-free WHOLEGARMENT® knitting technology that offers an alternative to labor-intensive manufacturing in Turkey and other international markets. Featured is the flagship MACH2XS WHOLEGARMENT® knitting machine with original SlideNeedle™ on four needle beds and spring-loaded moveable sinkers with expanded patterning capability, the MACH2VS V-bed machine for producing WHOLEGARMENT® items using every other needle, as well as the compact SWG091N2 for producing smaller WHOLEGARMENT® items and accessories. A brand new proposal in V-bed WHOLEGARMENT® knitting will also be introduced in the form of the N.SVR183 machine. N.SVR123SP features a special loop presser bed that can produce hybrid inlay fabrics with both knit and weave characteristics. N.SVR123SP at ITM will feature the special i-Plating option, capable of alternating yarn colors in any pattern, producing jacquard-like designs using plain jersey stitch for even greater diversity in knit design. Meanwhile N.SSR112 offers industry-leading technology in an economical yet reliable package made in Japan. Also on display is the SFG20 glove knitting machine.

Demonstrations will be performed on SHIMA SEIKI’s SDS®-ONE APEX4 design system. At the core of the company’s “Total Fashion System” concept, SDS®-ONE APEX4 provides comprehensive support throughout the production supply chain, integrating production into one smooth and efficient workflow from yarn development, product planning and design, to production and even sales promotion. Especially effective is the way SDS®-ONE APEX4 improves on the design evaluation process with its ultra-realistic simulation capability, whereby virtual samples replace physical sampling, consequently reducing time, cost and material that otherwise go to waste. The same capability is present in APEXFiz™ subscription-based design software. Installed on personal computers, APEXFiz™ features the same functionality as SDS®-ONE APEX4, but with the added versatility to adapt to different work styles and business environments including teleworking and telecommuting. Digital prototyping using virtual samples on SDS®-ONE APEX4 and APEXFiz™ help to digitally transform the fashion supply chain for realizing sustainable manufacturing. APEXFiz™ will be shown along with SHIMA SEIKI’s yarnbank™ digital yarn web platform that further enhances the realism of virtual samples.

Source:

SHIMA SEIKI MFG., LTD.

26.05.2022

Rieter anticipates losses in the first half of 2022

  • Exceptionally high order backlog and sustained strong demand
  • Supply chain bottlenecks, COVID lockdown in China and significant cost increases
  • Takeover of winding machine business leads to additional costs
  • Sales and earnings adversely impacted in first half-year
  • Considerably improved market position

Despite an exceptionally high order backlog and sustained strong demand, Rieter’s business situation in the first half of 2022 is characterized by the well-known supply chain bottlenecks, the repercussions of the COVID lockdown in China and the significant increases in material and transportation costs.

Further costs are added in connection with the takeover of the automatic winding business as of April 1, 2022.

These factors are adversely impacting both sales and earnings.

  • Exceptionally high order backlog and sustained strong demand
  • Supply chain bottlenecks, COVID lockdown in China and significant cost increases
  • Takeover of winding machine business leads to additional costs
  • Sales and earnings adversely impacted in first half-year
  • Considerably improved market position

Despite an exceptionally high order backlog and sustained strong demand, Rieter’s business situation in the first half of 2022 is characterized by the well-known supply chain bottlenecks, the repercussions of the COVID lockdown in China and the significant increases in material and transportation costs.

Further costs are added in connection with the takeover of the automatic winding business as of April 1, 2022.

These factors are adversely impacting both sales and earnings.

Rieter expects significantly higher sales in the first half of 2022 compared to the prior-year period (first half of 2021: CHF 400.5 million). Rieter anticipates a loss at the EBIT and net result level in the first half of 2022 (first half of 2021: EBIT CHF 9.0 million, net result: CHF 5.3 million).
The company is working intensively on the implementation of measures to minimize the impact of the supply chain bottlenecks, the COVID lockdown in China and the cost increases. The implemented price increases have a delayed effect, particularly in the machinery business. The integration of the automatic winding business is proceeding according to plan.

As soon as the situation in the sourcing markets has normalized, Rieter expects to benefit from the exceptionally high order backlog and the considerably improved market position as a result of the takeover of the automatic winding business as well as Accotex and Temco.
Rieter will provide a detailed report on the business results of the first half of 2022 in July 2022.

Source:

Rieter Management AG