The Rieter Group has completed the acquisition of a 25 percent stake in Electro-Jet S.L. on December 14, 2018 upon approval by the Spanish antitrust authority.
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The Board of Directors of Rieter Holding AG has appointed Rico Randegger to the Group Management of the Rieter Group with effect from June 1, 2019. He will be responsible for the Business Group After Sales.
The machines G 38 and K 48 are suitable for markets that have limited personnel availability, and require particularly high levels of flexibility and yarn quality simultaneously.
Digitalisation is the new mantra for the next phase in textile production. It is slowly and steadily entering every aspect of textile machinery industry, and the recently-held ITMA Asia showed a glimpse of the digital era waiting to happen in textile production, reports ITJ Editor.
The new machines produce at a delivery speed of up to 1,200 m/min per head.
The machine concept for the G 38 and K 48, which features double-sided suction, allows unrestricted spinning for all applications at full machine length.
During his speech, Mehul Trivedi, Chairman, TMMA, said “Indian economy is showing signs of recovery on the back of strong support from all sectors.