6 April 2012, Brescia
“The metal floor shines with the glory of science and technology, and the roar of the machine shows the surge of industrial age. Under the simple appearance, the distinctive circular knitting technology is trying to bring new concepts and ideas to fairly mature textile industry of China.”
Santoni to offer comprehensive knitting solutions in Shanghai
5 April 2012, Hong Kong
China’s state owned cotton trader Chinatex Corp is set to take over top circular knitted fabric producer Fountain Set. Hong Kong based Fountain Set, formed in 1969 by the Ha Chung-fong family, is reported to be selling 409 million new shares totalling HK$511.3 million to Chinatex Corp, China’s largest cotton trader.
4 April 2012, Golden, Colorado
Phase change materials (PCM) developer and marketer Outlast Technologies has been acquired by Golden Equity Investments, (GEI), a Colorado private equity firm that invests in operating businesses.
4 April 2012, Obertshausen
According to warp knitted lace machinery manufacturer Karl Mayer, warp knitted net curtains are making a comeback and the vibrantly coloured latest interpretations are helping city dwellers in particular brighten up their homes.
3 April 2012, Chemnitz
German circular knitting machine builder Terrot is celebrating its 150th anniversary by launching a new look website - www.terrot.de which will extend the information available on its products whilst making it more accessible.
2 April 2012, New York
New York City based hosiery designer and marketer, Royce Too LLC, announced on Friday it is moving its headquarters to Winston-Salem in North Carolina from NYC in order to capitalize on the local industry talent pool and lower operating expenses there.
2 April 2012, Obertshausen
Leading manufacturer of warp knitting machines and warp preparation machines for both warp knitting and weaving, Karl Mayer, will once again be exhibiting at this year’s ITMA Asia + CITME show in China. The German company will be showcasing its latest technology in Shanghai from 12-16 June, including a new extra wide version of its Wefttronic weft insertion machine for technical fabrics.
