Mayer & Cie to expand and modernise capacity globally

Mayer & Cie. (MCT), Germany-based knitting machines producer, is planning to invest € 4 million in expanding capacities, technology, facilities and personnel in 2015 and 2016, at all locations. It has also budgeted investments of around € 1 million to expand capacities at its subsidiaries in Czech Republic and China.

Mayer & Ciewill put in € 3 million to modernise, expand and increase workforce at its plant in Albstadt.The heating and cooling systems will be reworked to trim down energy consumption at the plant and the machinery used for manufacturing knitting machines will also be modernised.