On 26th February 2013, Savio Machine Tessili S.p.A. has become the controlling shareholder of the company Mesdan S.p.A., with the support of the private equity fund Alpha (major shareholder of Savio Group). With this acquisition, worth ...
The Indian textile industry, employing over 100 million people directly and indirectly has been looking for various schemes and assistance in the Union Budget 2013-14 to regain its global competitiveness which faced the worst ever crisis in ...
Tags: textile industry, Union Budget, SIMA
Confederation of Indian Textiles Industry (CITI) has welcomed the Central Budget 2013-14 presented by the Finance Minister, Shri P. Chidambaram in Parliament as a positive package for accelerating the recovery of the textiles industry. In a ...
Tags: CITI, Central Budget, Textile Sector
The Competition Commission of India (CCI), the country’s fair trade regulator, has closed the case against the Coimbatore-based textile machine maker Lakshmi Machine Works (LMW). The case against LMW was filed by Shahi Exports ...
Tags: CCI, textile machine maker, LMW
The inaugural ExpoProducción — an annual trade show focused on serving the complete apparel, home textiles and technical textiles production supply chain in Mexico and Central America — was held Feb. 6-8, 2013, at the ...
Graniteville Specialty Fabrics, Graniteville, S.C., has invested in a technical coating line supplied by Spartanburg-based textile machinery distributor Zimmer America Corp. and Mauldin, S.C.-based coating equipment manufacturer Mascoe ...
Tags: Graniteville Specialty Fabrics, technical coating, textile machinery
ACIMIT, the Association of Italian textile machinery manufacturers, will be present with its own booth at the upcoming Myanmar Fabric & Garment Industry Show (15-18 March). ACIMIT attendance at the show is justified by positive developments ...
1. Knitting Machinery (HS: 8447) Annual Export Trends China's Major Textile Machinery Exports According to customs statistics, from January to December 2011, China's textile machinery exports were 2.245 billion dollars, achieving a ...
ACIMIT, the Association of Italian Textile Machinery Manufacturers, has always played a fundamental role in promoting awareness and knowledge of Italian technologies for textile operators, as well as in lending its support to training ...
Tags: ACIMIT, Training Initiatives, Textile
Switzerland is one of the smallest countries in Europe and has very high living costs compared to other nations around the world. Yet, the country is not a member of the European Union (EU). Switzerland has no direct access to the sea, and ...
Tags: Switzerland, Enigma, economy
Based on an industry study conducted by ACIMIT, the Association of Italian Textile Machinery Manufacturers, during the fourth quarter of 2012, the orders index for textile machinery rose by 22% compared to the previous quarter, for an ...
Tags: Textile Machinery, Textile, ACIMIT
10 years ago Rosink successfully installed its first Air Quad Web Splitting Unit, called RAQSU40 on to a Trützschler high production revolving flat card. This started as a so called retrofitting project (textile machine modernization) ...
Based on an industry study conducted by ACIMIT, the Association of Italian Textile Machinery Manufacturers, during the fourth quarter of 2012, the orders index for textile machinery rose by 22% compared to the previous quarter, for an ...
Tags: Textile Machinery, ACIMIT, fourth quarter
Indian textile machinery manufacturers are eyeing 15 percent growth by the end of 2014 due to the rise in demand for textile machineries in domestic as well as in international markets. Secretary of the Mumbai-based Textile Machinery ...
Columbia’s textile and clothing industry is eyeing on expanding its export market to the 27 countries of the European Union (EU) and the country is also aiming at building new business relations with these countries. The ...
Tags: Columbia, textile and clothing industry, EU