Rieter Celebrates Opening of Chinese Facility

Switzerland-based Rieter Group recently invited more than 300 guests to celebrate the opening of a new facility in the Changzhou National Hi-Tech Development Zone in Changzhou, China. Activities included a formal ceremony, presentation of its D201 doubling machine, and a three-day open house for existing and prospective customers.

Rieter invested more than 50 million yuan (US$6.5 million) in the new facility, which consists of an office building; workshop for assembly and production; sheet metal workshop with state-of-the-art machinery and fully operational powder painting line; and showroom. The showroom displays Rieter textile products including blowroom, carding, draw frames and end-spinning machines, and will be used for spinning trials and customer and in-house training.

Its are convinced that the Chinese market needs high-quality and high-production machinery for top-end products and we can serve the market with the right products,?said Sigi Foehn, CEO, Rieter Textile Systems (Shanghai) Ltd. Rieter representatives added that the company will continue to invest in China and the Changzhou zone in particular, with the goal of increasing production capacity in the zone by three to four times in the coming years.
Rieter is a Swiss-based industrial group with activities in all regions of the world. It is a leading supplier of products and services for the textile, automotive and plastics industries. Rieter’s worldwide workforce totals approximately 14 800 employees, some 13% of whom are based in Switzerland.
 
The group comprises two divisions: Rieter Textile Systems develops and produces machinery and integrated systems for converting fibers and plastics into yarns, nonwovens and pellets. In partnership with automotive manufacturers, Rieter Automotive Systems develops and produces components, modules and integrated systems on the basis of fibers, plastics and metals in order to provide acoustic comfort and thermal insulation in motor vehicles. Both divisions are world market leaders in their respective market segments.
 
Rieter aspires to achieve sustained growth in corporate value for the benefit of shareholders, customers and employees. With this in mind, Rieter seeks to maintain continuous growth in sales and earnings in both divisions, primarily by maximizing in-house resources, and secondly also through cooperative ventures and acquisitions.
 
Since it was established in 1795, Rieter has continuously adapted to new challenges and developed from a Swiss machine manufacturer into a worldwide industrial group of companies. Rieter has been a driving force for industrial progress for 210 years: its products and solutions are the outcome of a traditionally high level of innovative momentum. Based on the skills of its personnel, Rieter creates products that are ideally tailored to its customers’ needs. As partner and supplier of the textile and the automotive industry, Rieter contributes to the success of its customers. Continuous further development is the motivation for its employees and the basis of its business success. These principles – Delight your customers, Enjoy your work and Fight for profits – also represent the pillars of our corporate vision.

http: www.rieter.com