Mayer & Cie to exit insolvency by October, new CEO appointed Circular knitting machine builder Mayer & Cie has had its insolvency plan overwhelmingly approved by its creditors which will allow it to exit insolvency by October this year.
Masahiro Shima receives Italy honour Dr. Masahiro Shima, president and CEO of Shima Seiki Mfg., Ltd has been awarded an honorary medal for his contribution to the Italian Republic,? a country that has seen significant investment in the Japanese firm's exclusive WholeGarment knitting technology.
Lenzing to invest ?120m in new capacity The Lenzing Group has confirmed plans to significantly expand the production capacity of its cellulosic fibre range, backed by a ?120 million investment in both Europe and Asia.
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