MARKET & ECONOMY​

Baldwin Technology Company Inc.—a world leader in providing process automation solutions, consumables and services for the print, packaging, textile and corrugated industries—has acquired QuadTech, Inc, from its parent company, Quad/Graphics.

Coats, the world’s leading industrial thread manufacturer, has has acquired Patrick Yarn Mill, a manufacturer of high-performance engineered yarns based in North Carolina.

The Indian Texpreneurs Federation (ITF), an apex body of textile industry, expressed confidence that cotton prices will come down and the speculative price increase during last week is not not sustainable.

Itema, a privately-owned manufacturer of best-in-class weaving machines, spare parts and services, exhibited at ITMACH India (Hall 6 / A33-34 & B1-2) from December 7-10 at The Exhibition Centre, Gandhinagar.

Mimaki, a developer of wide-format inkjet printers and cutting machines for the sign/graphics, apparel, and industrial markets, will exhibit in Heimtextil 2018, the global trade fair for home and contract textiles, in Germany, from January 9 to 12, 2018, in hall 6.0, stand D10.