Rieter Award Week 2017 was held recently at the Rieter Headquarters in Winterthur (Switzerland). For around three decades, the Rieter Award has been a firm component of the company’s programme to encourage its trainees – and is an institution in the textile industry.
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Rieter intends to create a modern location in Winterthur, concentrating the customer center, product and technology development, assembly and administration on an area of approximately 30 000 square meters.
ANDRITZ has received an order from Autoneum, headquartered in Winterthur, Switzerland, to supply an ANDRITZ neXline needlepunch eXcelle line to its plant in San Luis Potosi, Mexico.
On October 5 and 6, the Com4® yarn seminar 2017 will be held in Winterthur (Switzerland). In the seminar, experts from Rieter and Uster Technologies AG will impart knowledge on the day-to-day textile activities of yarn traders and downstream processors. Core focus is on the properties of the yarns and their influence on the fabrics.
The 2016 financial year was characterised by a significantly higher order intake, especially in the first half year, and lower sales compared to the previous year. Despite the decline in sales, Rieter achieved an EBIT margin of 6 per cent. Against the background of the solid financial and earnings position, the Board of Directors proposes to the shareholders to increase the dividend compared to the previous year.
Com4-the yarn brand from Rieter-has been an established name in the textile industry for more than a decade.
Rieter is stepping up its sales support for licensees with new yarn brands. Com4® is a registered trademark of Rieter. It now represents the basic brand for quality yarns spun on all four Rieter final spinning machines.