Following 2 difficult years in 2019 and 2020, sales at circular knitting machine manufacturer Mayer & Cie. rose by around 40% last year to €103 million. However, problems in the supply chain have noticeably hampered production. Up to 5% more in sales might have been possible given the order situation. The outlook for 2022 is very good. Orders in hand will keep the circular knitting machine division busy until the end of the year, with orders coming in from all over the world, but especially, and with no change, from the company’s core markets Turkey, China and India.
The order situation also improved again in the braiding machines business unit in 2021. New machine business and above all spare parts sales significantly exceeded the crisis year 2020.
The Management views with concern, however, the conflict in the Ukraine, which at first glance may not affect the sales market directly but might lead to general purchasing restraint in the capital goods sector that, like the trade war between the United States and China, which began in 2018, would also affect Mayer & Cie. In addition, effects of the conflict such as high energy prices and interruptions in material supplies and logistics pose a genuine challenge in the further course of the year.
To maintain its market lead in the future, Mayer & Cie. GmbH & Co. KG, Albstadt/Germany, continues to focus on digitalization, both in the area of processes and in its products.
In the years ahead a range of production machinery – lathes, gear cutting and grinding machines – is to be replaced at a scheduled cost running into low double-digit millions. Last year saw an investment in a robot-controlled laser hardening system for heat-treating machine components. Last year, investments were also made in a robot-controlled laser hardening system for the heat treatment of machine components. Extensive investments are planned for this year at the Albstadt site, particularly in the machinery. This month, an energy refurbishment is still to be achieved with the commissioning of the combined heat and power plants.
The company has also completed its on-site energy upgrade. The CHP cogeneration plant is to be inaugurated shortly.