Textile Technology section

TextileTechnology

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Stoll: Opening of the 2nd construction section

The merger between the textile machinery manufacturer Karl Mayer Textilmaschinenfabrik GmbH, Obertshausen/Germany, and the manufacturer of flat knitting machines H. Stoll AG & Co. KG, Reutlingen/Germany, was completed on July 1, 2020.
Stoll will be moving with its premises from the site at Stollweg in Reutlingen/Germany, to the Reutlingen-Betzingen industrial estate, where it will continue its activities under the new owner, as planned. Already in 2004, Stoll relocated its production to the location in the Mark West Industrial area in Reutlingen. Over the course of 2 project stages, a development center will first be built, and later a customer center will follow, in order to accommodate the other business units.
The official start of the construction for the development center was on July 26, 2019. The office building for approx. 70 employees is expected to be completed by autumn 2020.
July 29, 2020 saw the beginning of the 2nd project stage, with the aim to erect the customer center by 2021.

 

Source:
dfv media group
More information: Stoll AG Karl Mayer merger

ACIMIT: strong decline in Italian textile machinery in Q1/2020

In the first quarter (Q1) of 2020, the orders intake of Italian textile machinery registered a sharp drop. The Covid-19 pandemic is impacting heavily on the sector. The consequences on the orders will be more negative in Q2.
The index of orders intake for textile machines drawn up by the Association of Italian Textile Machinery Manufacturers (ACIMIT), Milan/Italy, for the period from January to March 2020 fell by 31% compared to the same period of 2019.
Order intake was negative both on foreign markets and in Italy. Orders from abroad were down 26%, while on the domestic market they marked -57% compared to Q1/2019.
Following a difficult year, the Italian textile machinery had to face Covid-19 pandemic, which led, as a first consequence, to the slowdown of the main markets in the sector, China, Turkey and India, in January 2020. Indeed in 2019 the Italian textile machinery industry observed a decrease both in production (-13%) and in exports (-14%) compared to the previous year.

Source:
dfv media group

Karl Mayer: Innovative, digital solutions in coronavirus times

The manufacturer of technical textiles Georg+Otto Friedrich GmbH, Groß-Zimmern/Germany, uses KM.ON’s k.management software of the textile machinery manufacturer Karl Mayer Textilmaschinenfabrik GmbH, Obertshausen/Germany, to establish the production performance of its machines, regardless of time and place. The advantages of innovative digital solutions are becoming apparent, especially in these times of coronvirus-induced travel and contact restrictions. The digital k. management solution delivers a well-thought-out dashboard with key figures on the machines used in production. The data ensures that processes are transparent, provides a basis for well-founded decisions and can be called up easily at any time and from any location. In addition to k.management, KM.ON’s customers also appreciate k.innovation for the range of products offered by the Karl Mayer software start-up. The web-based design tool for warp knitting helps to shorten the time to market and, to this end, connects all those involved in the design process with appropriate access rights during the development and design of new products. Customers benefit from efficient teamwork and communication – without needing to travel – throughout the online creative process, from brainstorming to the finished fabric. Pattern data is transferred directly from the software to the machine. This saves time and prevents errors.
Source:
dfv media group
More information: Karl Mayer digital solutions

Rieter: corona pandemic leads to sharp decline in sales in H1/2020

In the 1st half (H1) of 2019, the textile machinery manufacturer Rieter Holding AG, Winterthur/Switzerland, saw an order intake of only CHF 250.7 million, a decline of around 34% compared to H1/2019. Sales in H1/2020 amounted to CHF 254.9 million, representing a decline of 39% compared to the previous year. The significant decline in sales resulted in an overall EBIT of CHF -55.0 million in H1/2020 (H1/2019: CHF -1.2 million). The Covid-19 pandemic led to a market situation where demand for the goods and services of all 3 business groups decreased significantly. The Business Group Machines & Systems is affected by the deferral by customers of investments and scheduled deliveries. At the same time, the demand for wear & tear and spare parts declined sharply, due to the suspension of production in many spinning mills around the world. This is reflected in the low order intake and sales of the Business Groups Components and After Sales. Hence, this exceptional market situation gave rise to losses in all 3 business groups in the first half of 2020. With the exception of Turkey, sales in all regions were marked by the corona pandemic. In India, sales declined to CHF 17.7 million due to the lockdown, a fall of 73% compared to the H1/2019. In the Asian countries, China and North and South America, sales decreased by between 44% and 49% compared to the 1st half of 2019.
Source:
dfv media group
More information: Rieter