Mayer & Cie, a Germany-based manufacturer and seller of circular knitting machines and parts, has announced that it will make a sizeable investment in its circular knitting machine production chain in 2017, aimed at improving the efficiency and shortening lead times.
Reporting a 10 per cent increase in sales for 2016, compared to the previous year, Managing Director Benjamin Mayer said, “’Traditionally One Step Ahead’ is the guiding principle for the knitting machine manufacturer and to ensure it stays that way, in 2017 this family-run company will make further investments in its three production sites in Albstadt, the Czech Republic and China.”
The firm also hopes to tap into new customer segments. New modern manufacturing machines have been purchased in production and these will be followed by further acquisitions in Albstadt in 2017, including in-house developments such as a slitting cutter machine. Also on the agenda for Albstadt in 2017 is the production of the new, fully-automated high-rack warehouse, further modernisation of the administration building and comprehensive innovations in the company’s own IT and software.
Also Read – Mayer & Cie posts 10% jump in sales
The Managing Director of the company further added, “The overriding goal is to reduce lead times. Our customers are now waiting up to ten months for certain machines. That is too long, and it’s something we need to change.”
It’s worth recalling that Mayer & Cie embarked on a significant investment programme over the course of 2016 which included the construction and expansion of the Czech factory and the establishment of further machine production lines at the Vsetín site, all aimed at ensuring the premium-level manufacturer is also able to hold its own in the mid-range segment of the market.
