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Monday, 28 March 2022 16:32

Mayer & Cie bags 2022 Top 100 award for innovative processes

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Albstadt-based circular knitting machine and braiding machine manufacturer Mayer & Cie, has bagged a 2022 Top 100 award for its innovative processes in particular. The company recorded a 40 per cent sales growth to over €100 million last year and hopes to maintain its market edge this year. As per a Knitting Industry report, the company continued to rely on digitization of both its processes and products. Even in difficult years, it focused on optimizing core processes in order to be able to hit the ground running when the market recovers, says Sebastian Mayer, Chief Digital Officer.

Mayer now plans to make several investments in machinery especially at its headquarters in 2022. It recently launched new CHP cogeneration units. Since Q4 2020, the Albstadt textile machinery manufacturer’s order position has remained stable with orders from all over the world, especially its core markets Turkey, China and India.

In braiding machine division, order position recovered in 2021. Sales of new machines and, especially, spare parts exceeded the 2020 figures significantly. It aims to expand in this area by developing existing machines and launching new ones, says Benjamin Mayer, Managing Director