Mayer & Cie to exit insolvency by October, new CEO appointed
Circular knitting machine builder Mayer & Cie has had its insolvency plan overwhelmingly approved by its creditors which will allow it to exit insolvency by October this year.

Needles trial goes straight to the point
A Middle-East based circular knitter has been running a series of tests aimed at determining the suitability of different knitting needles.

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Dogi to sell overseas units
Elastic fabric manufacturer Dogi is to sell off two of its overseas units as it looks to complete its restructuring exercise and claw back much needed revenue.

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Masahiro Shima receives Italy honour
Dr. Masahiro Shima, president and CEO of Shima Seiki Mfg., Ltd has been awarded an honorary medal for his contribution to the Italian Republic,? a country that has seen significant investment in the Japanese firm's exclusive WholeGarment knitting technology.

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Lenzing to invest ?120m in new capacity
The Lenzing Group has confirmed plans to significantly expand the production capacity of its cellulosic fibre range, backed by a ?120 million investment in both Europe and Asia.

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The latest issue of Knitting Trade Journal takes an in-depth look at some of the global economic issues currently affecting the knitting industry. On the technology front, we have news on all the latest machinery developments on show at the recent ITMA Asia + CITME exhibition. Plus: Latest knitting technology developments, industry news, exhibitions, hosiery update, patents and more.

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