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- Title
Rieter: lower sales.
- Abstract
This article reports that in the first half of 2005, sales of Rieter Textile Systems, based in Switzerland, decreased by 13 percent to CHF 506 million. The market for staple fiber machinery was especially subdued in the final spinning machine segment. In the man-made fiber sector, market trends suffered additionally from the negative impact of higher crude oil prices. Meanwhile, the expansion of the nonwovens machinery business is making progress. Rieter has concluded several sales of spunbond and spunlace lines, some of which will be reflected in sales in the second half of 2005.
- Subjects
SWITZERLAND; RIETER Textile Systems (Company); TEXTILE machinery industry; TEXTILE industry equipment; SPINNING machinery; TEXTILE machinery; SYNTHETIC fibers industry; NONWOVEN textiles industry equipment; EQUIPMENT &; supplies
- Publication
Melliand International, 2005, Vol 11, Issue 3, p159
- ISSN
0947-9163
- Publication type
Article