#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.

Rieter responds to higher raw material prices

Global political and economic developments have been leading to rising raw material and energy costs for some time. The textile machinery industry is also affected by this trend. Rieter machines and components consist to a large extent of steel, copper, aluminum and electronics. These materials in particular have seen higher demand and higher prices in recent months.

The hub of smart and sustainable transformation in yarn technologies: ITM 2026

With global fiber production projected to reach 169 million tons by 2030, yarn manufacturing is becoming one of the most strategic fields within the textile machinery industry. Located in Halls 6, 7, and 10, the Yarn Hall at ITM 2026 is set to bring together industry professionals with innovative solutions developed around automation, energy efficiency, digitalization, and circular production.

Coats Digital appoints Himanshu Mehrotra as Managing Director to lead next phase of cloud and AI-driven innovation

Coats Digital is delighted to announce the appointment of Himanshu Mehrotra as Managing Director to lead the company’s strategic direction, innovation agenda, and global growth as it accelerates the development of its cloud-native, AI-powered software solutions for the global apparel and footwear supply chain.

Over 1,500 exhibitors: Techtextil 2026 grows in key future sectors

Techtextil 2026 continues to grow: more than 1,500 exhibitors from 49 countries present their products and innovations in Frankfurt am Main from 21 to 24 April 2026. Over 120 of them are first-time exhibitors. Texprocess is taking place at the same time, remaining stable with around 200 exhibitors despite challenging market conditions. Together, the two events bring more than 1,700 exhibitors to the Frankfurt exhibition grounds.

Esquel Group adds two new extra-long staple cotton varieties approved

Esquel Group’s Xinjiang Research & Development Center has successfully developed two new Sea Island cotton (Extra-Long-Staple cotton, ELS cotton) varieties named “Yuan Loong 37” and “Yuan Loong 42,” which have been officially approved and granted registration numbers. Both varieties have also obtained Plant Variety Rights certificates, marking another significant breakthrough for the Group in cotton breeding and commercial application.

Itema America acquires Palmetto Loom Reed, strengthening local manufacturing and service in the U.S.

Itema America, the U.S. subsidiary of Italy-based Itema Group, has acquired – through an Assets Purchase Agreement – Palmetto Loom Reed, a Greenville, South Carolina-based manufacturer of weaving reeds and one of the last remaining domestic producers of these precision components in the United States.