News

Big boost for Rieter with orders up 50%

31/01/2014

Textile machinery maker Rieter has reported a 50% increase in orders in 2013 and a 17% increase in sales to $1.4 million as spinning mills’ improving margins stimulated their willingness to invest. “Spinning mills in all major markets are increasingly placing their confidence in machinery and components which enable a high degree of automation to ...

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