#Spinning

2021-04-22

Per Olofsson new Managing Director of SSM

SSM Schärer Schweiter Mettler AG, has appointed Per Olofsson as Managing Director and member of the SSM Group’s management team effective April 1, 2021.

Mr. Olofsson is a Swedish citizen and holds a Master of Science Degree in Supply Chain and Operations Management from the University of Liverpool, United Kingdom, and an Executive MBA from the International Institute for Management Development (IMD) in Lausanne, Switzer-land. Per Olofsson joined the Rieter Group in 2013 and is an experienced operations manager with a proven management track record at both local and global level.

SSM, based in Wädenswil (Switzerland), is a subsidiary of the Rieter Group. SSM is the world’s leading supplier of precision winding machines in the fields of dyeing, weaving and sewing thread preparation and enjoys success in individual segments of filament yarn production.

SSM comprises the companies SSM Schärer Schweiter Mettler AG in Wädenswil and subsidiaries in Italy and China. SSM is represented worldwide in all major markets.

SSM welcomes Mr. Olofsson and wishes him a good start and a lot of success and fulfilment in his new function.

Trützschler expands technical service capabilities for spinning mills in Pakistan

Faster support, shorter downtime and advanced repair capabilities: customers across Pakistan can now benefit from the Trützschler Service Station at its new location in Lahore. By combining Trützschler service expertise with state-of-the-art diagnostic equipment, the new facility helps spinning mills resolve technical issues more quickly and maintain reliable production.

Georg Stausberg, a veteran of the textile machinery industry, takes over as Rieter Group CEO

Georg Stausberg, one of the most experienced executives in the international textile machinery industry, has been appointed Chief Executive Officer of the Rieter Group with immediate effect from 4 November 2026. With more than three decades of industry experience and a long-standing leadership career at Barmag, Stausberg brings extensive technological expertise, international market knowledge and an established network across the global textile industry to his new position.

Lenzing improves profitability as strategic transformation gains momentum

The Lenzing Group reported improved operating profitability in the first nine months of 2026 despite declining revenue and a challenging market environment. Revenue decreased by 2.3 percent to EUR 1.93 billion, while adjusted EBITDA remained stable at EUR 353 million. The adjusted EBITDA margin increased from 17.9 percent to 18.3 percent, reflecting progress in the company's strategic transformation under its “Grow Nonwovens. Reset Textiles.” strategy.

Texworld Apparel Sourcing Paris marks 30th anniversary with a redesigned exhibition concept

Texworld Apparel Sourcing Paris will celebrate its 30th anniversary from 25 to 27 January 2027 at the Paris-Le-Bourget Exhibition Centre. With more than 1,000 international exhibitors expected, the anniversary edition will introduce a redesigned exhibition layout across Halls 3 and 4, bringing fabric manufacturers and garment producers closer together. The event will also highlight Spring-Summer 2028 trends, sustainable sourcing and new opportunities for international textile trade.