The integration of Rieter's spinning system includes 20 G 38 ring spinning machines running at spindle speeds between 12,000 and 18,000 rpm and the Autoconer X6 winding machine.

COIMBATORE: Swiss textile machinery major Rieter has made a complete exit from city-based Lakshmi Machine Works (LMW). Rieter has sold its residual 3.48% stake in LMW on Tuesday.

Rieter has signed an agreement to acquire Barmag from Switzerland-based OC Oerlikon for 713 million Swiss francs ($872 million), aiming to become a global leader in both natural and man-made fiber ...

Rieter, which operates in the textile machinery and automotive supply sector, said in a statement on Monday that the operations in which it was interested generated annual sales of around SFr200 ...

Textile machinery manufacturer Rieter is to cut more than 10% of its workforce in Switzerland. This latest restructuring is the latest in a long series for the Zurich-based group, which saw its ...

Air Spinning Machine Analysis of market 2023 is a comprehensive study accumulated to provide the latest information on acute market features. The report contains different market predictions ...

Schweiter Technologies / Schweiter Technologies sells SSM Textile Machinery division to Rieter . Processed and transmitted by Nasdaq Corporate Solutions. The issuer is solely responsible for the ...

Rieter has come under pressure as the slump in the auto industry and textile sector has hit demand for its products. It is currently split into two business units, car parts and textile machinery.

By combining Recover’s mastery of the latest recycling technology, Rieter’s expertise in spinning systems and machines, and Polopiqué’s textile manufacturing proficiency, the three companies have ...

Horgen, July 3, 2017 - Schweiter Technologies AG has come to an agreement with the Swiss Rieter Group on the sale of all shares in the SSM Textile Machinery division and has executed the ...