Shima Seiki To Participate In Meet the Manufacturer 2015

WAKAYAMA, Japan — May 17, 2016 — Computerized knitting machine manufacturer Shima Seiki Mfg. Ltd. together with its European subsidiary Shima Seiki Eurpoe Ltd., will participate in the Meet the Manufacturer exhibition in London this month. On display will be the company’s latest offering in Wholegarment® knitting technology.

Meet the Manufacturer is a trade show and sourcing event showcasing British manufacturing of clothing, textiles and leathergoods. It features clothing manufacturers, textile mills, makers of leathergoods and suppliers to the UK apparel and textile industries. Shima Seiki will participate as textile machinery supplier by demonstrating its seam-free Wholegarment knitting technology.

On display will be Shima Seiki’s flagship MACH2XS Wholegarment knitting machine that features the company’s original SlideNeedle™ on four needle beds as well as the company’s patented spring loaded full-time sinker system. It can knit beautifully shaped, high-quality Wholegarment knitwear with very high efficiency while minimizing dependence upon labor-intensive sewing and linking, spearheading the movement to bring knit production back on-shore to traditional production centers in the United Kingdom.

Also on display is the latest version of SHIMA SEIKI’s SDS-ONE APEX3 3D design system. At the core of the company’s “Total Fashion System” concept, APEX3 provides comprehensive support throughout the apparel supply chain, integrating production into one smooth and efficient workflow from yarn development, product planning and design to production and even sales promotion. Especially effective is APEX3’s capability to improve on the design and evaluation process with Virtual Sampling. Photo-realistic simulation capability allows Virtual Sampling to minimize costly time- and resource- consuming sample making while enhancing presentation quality.

Posted May 17, 2016

Source: SHIMA SEIKI MFG., LTD.

Bunting® Magnetics Co. Adds Manufacturing Industry Veteran Kevin Bowen To Advisory Board

NEWTON, Kan. — May 17, 2016 — Bunting® Magnetics Co. has appointmed Kevin Bowen to the company’s Advisory Board. Bowen brings a wealth of corporate strategic development and manufacturing expertise to the nearly 60 year-old company. The Bunting Magnetics Co. Advisory Board, which also includes technology advisor Dr. John Ormerod; sales and marketing consultant Steven Schnoll; and president of Newton (Kansas) Medical Center, Steve Kelly, meets quarterly to provide insight on the company’s strategic growth plan and initiatives.

Bob Bunting, president & CEO, Bunting Magnetics Co., made the announcement. “Bunting Magnetics is excited to welcome Kevin to the advisory board. With Kevin’s extensive knowledge and industry experience in manufacturing, production and operations, I am confident he will be not only be a valuable addition to the advisory board, but an equally valuable resource to the management team. We look forward to his guidance and fresh perspective as we continue to seek ways to improve our company and products and grow around the world.”

Kevin Bowen’s manufacturing career spans over forty years, most of which was at Coperion K-Tron, a leading provider of bulk material handling, feeding and pneumatic conveying equipment and systems for chemical, plastics, food and pharmaceutical industries. Originally K-Tron’s Production Manager, Bowen transitioned into sales and management as a Regional Sales Manager, National Sales Manager, Vice President of Sales & Marketing, Vice President of Manufacturing & Engineering, General Manager of K-Tron Pitman, President of K-Tron American and President of K-Tron International – a position he held for over 22 years.

“Through my career at K-Tron, I became very familiar with Bunting Magnetics. Bob has a solid leadership team and a well-respected position in the industry,” said Bowen. “I look forward to working with them as they develop and execute new sales, operations and manufacturing strategies to continue their growth and expand their global reach.”

Posted May 17, 2016

Source: Bunting Magnetics CO.

Swiss Technology To Play A Key Role In Iran’s New Start

ZÜRICH, Switzerland — May 17, 2016 —The textile industry of Iran is ready for a new beginning and determined to achieve future progress in technology and global market penetration, following the recent ending of international sanctions which hampered its continued development.

As long-term partners of Iranian textile companies, Switzerland’s textile machinery producers are eager to play a major role in their renewed growth, as was demonstrated at a highly successful two-day seminar held in Tehran.

The event, held April 25-26, 2016, attracted a total of 350 delegates — the attendance list reading like a Who’s Who of Iran’s textile industry.  Companies were from the capital city itself, as well as from other textile manufacturing centers, including Isfahan, Yazd and Mashad. Organized by Swissmem, the Swiss national textile machinery representative body, the seminar featured a strong presence from the leading technology providers, including 40 percent of the association’s membership.

Swissmem president Ernesto Maurer reported that the seminar exceeded all prior expectations, in terms of both the number and importance of the Iranian companies taking part: “Before the imposition of sanctions we enjoyed a very strong business level and a good relationship with customers in Iran. This continued during the period of sanctions, but understandably at a lower level. In the new situation today, we are keen to intensify our relationship and business dealings to pre-sanction levels and beyond.”

Maurer identified problems with transfer of funds between the two countries as one of the major hurdles during the sanctions period. “Therefore this was a key theme at the seminar, with two speeches arranged by experts on international financial transactions,” Maurer said. “We are delighted that the seminar helped to strengthen still further the already strong ties between our respective industries.”

With export sales to Iran in the calendar year 2015 totalling 6.4 million Swiss Francs, Switzerland remains a significant provider of technology to the country and is anticipating the Iranian industry to account for a larger share of its global export sales total of more than 1 billion Swiss Francs in the coming years.

One of the leading Swiss company representatives at the event, Christian Lerch, of Jakob Müller, reflected that the Iranian delegates showed genuine appreciation at the partnership efforts of Swissmem: “Our customers were pleased that we brought a significant presence to their country in what is still a challenging business environment. From out side, it underlines the trust that we have in the country and also in the textile producers of Iran.

“Many of our Jakob Müller customers took part, and they welcomed the chance for the exchange of technical and business information, as well as the valuable networking time and pleasant social programme for the evening. We wanted to demonstrate a real personal interest alongside the mutual business advantages”.

An expert insider’s view of the potential of the Iran textile industry came from Mehran Zehtab, of Kian Sanat Afzar, an engineering service company which represents Swiss companies Retech, SSM and Heberlein in Iran. Zehtab said: “Swissmem is always welcome and its presence is needed in Iran. Now, right after the removal of the sanctions, it was really necessary to say a new ‘Hello’ to our textile industries, which have in the recent past had to rely on technology from lower-level suppliers in other countries.

“In our own specialist areas, such as synthetic fiber production and melt spinning in particular, companies in Iran are hungry for both know-how and latest technology in what is a critical and high added-value market. These are requirements which we believe the Swiss companies will be able to meet at a much more appropriate level in future.”

Posted May 17, 2016

Source: Swissmem

Shima Seiki To Hold Private Exhibition In Scotland

WAKAYAMA, Japan — May 17, 2016 — Flat knitting machine manufacturer Shima Seiki Mfg. Ltd. together with its U.K. subsidiary Shima Seiki Europe, Ltd. will hold a private exhibition with cooperation from the School of Textiles & Design at Heriot-Watt University in Scotland this month. On display will be the cutting edge in computerized flat knitting technology, headlined by the flagship MACH2XS Wholegarment® knitting machine and SDS-ONE APEX3 3D design system.

MACH2XS123, shown in 15L gauge, features the company’s original SlideNeedle™ on four needle beds as well as the company’s patented spring loaded full-time sinker system. Those features combine to provide flexible, high-quality knit- ting of complex fabrics while expanding the range of capability in Wholegarment knitting to unprecedented levels.

Other exhibits include the compact SWG061N2 Wholegarment knitting machine capable of flexible production of a range of knitted items from gloves, socks and other fashion accessories to specific applications such as sports, medical and industrial materials — all in 3D without seams, the novel SRY flat knitting machine with loop presser beds that can produce hybrid knit-weave fabrics as well as technical textiles, SVR touted as the benchmark standard for computerized flat knitting machines, and SIP-160F3 flatbed-type on-demand inkjet printing machine.

Demonstrations will also be performed on the SDS-ONE APEX3 design system that is at the core of the company’s “Total Fashion System” concept of unifying the fashion supply chain. This is made possible due to APEX3’s comprehensive support of the knit production process from planning and production to sales promotion, as well as its capability for Virtual Sampling. Photo-realistic simulation capability allows Virtual Sampling to minimize the need for actual sample-making, effectively reducing time, material and cost while increasing presentation quality in the sampling process.

Posted May 17, 2016

Source: Shima Seiki

UniFirst’s Stockton, Calif., Facility Earns TRSA Hygienically Clean Food Safety Certification

STOCKTON, Calif. — May 17, 2016 — The UniFirst Corp. industrial laundry facility in Stockton, Calif., has been awarded TRSA’s Hygienically Clean Food Safety (HCFS) certification status for its cleaning and servicing of work apparel for food-related industries. UniFirst is a leading provider of workplace uniforms and protective clothing to businesses, large and small, within a wide range of industries throughout the U.S. and Canada.

TRSA is an international organization, representing textile services industry companies, with expertise to determine the most hygienic laundering solutions for food manufacturing and food processing facilities and workplaces.

HCFS certification recognizes commercial laundries that achieve and verify hygienic cleanliness of work garments through best management practices, quality assurance, and third-party, quantified biological testing. TRSA’s inspections evaluate practices relevant to handling and processing textile products used in food manufacturing/processing establishments for consistency with U.S. Food and Drug Administration (FDA) and Centers for Disease Control and Prevention (CDC) directives. Further, Hazard Analysis and Critical Control Points (HACCP) practices are examined to show conformance.

UniFirst general manager Jacob Spurzem said earning TRSA’s HCFS certification further establishes UniFirst’s credibility as it relates to a focus on quality and food safety for consumers. “Our primary business objective is to provide our customers with only the best service quality possible, along with great looking, image-enhancing uniforms,” Spurzem said. “Being awarded this certification underscores our commitment to that objective and testifies to the skill and knowledge of the teams who execute the operations at our facility.”

“More and more, we’re seeing our customers in food-related industries looking for third-party validation that our specialized Product Protection Process (PPP) and our hygienically clean standards are consistent with HACCP guidelines,” said Adam Soreff, director of marketing and communications at UniFirst. “Working with a Hygienically Clean Food Safety certified laundry helps reassure them that their managed uniform program is working in concert with their own food safety protocols to help them ensure food safety for consumers.”

More information regarding TRSA HCFS certification can be found at hygienicallyclean.org.

Posted May 17, 2016

Source: UniFirst Corp.

Chinaplas: Starlinger Scores With “Intelligent Production” Concept

SHANGHAI/VIENNA, Austria — May 17, 2016 — Starlinger & Co. GmbH reports a very successful Chinaplas in Shanghai. From the circular loom model RX 6.1 that was showcased more than 100 have been sold by now, and in the course of the exhibition the company contracted projects amounting to several million euros. A great number of international visitors as well as a high propensity to invest reflected the current positive mood in the industry.

“We note a growing tendency towards high-quality, intelligent production also in China”, said Hermann Adrigan, head of sales, Starlinger, summing up the impressions from the exhibition. “Especially for packaging producers in the private sector who export their products, production quality is becoming more and more important because they have to meet certain obligations and standards. In addition, labor costs play an increasingly significant role — also in China, wages are on the rise. Here, machines with a high degree of automization help to reduce costs. Intelligent production is a topic of growing importance — we certainly see it in the demand for our machines“, concluded Adrigan.

In this context, intelligent production means the perfect interplay of the electronic and mechanical machine components to achieve highest efficiency and product quality while keeping machine operation and maintenance easy and simple. Starlinger consequently pursues this goal in machinery construction and has established its position among the world market leaders in the field of machinery for sacks and packaging made of polypropylene, polyethylene and PET tape fabric. The investment in a Starlinger line pays back quickly: The new circular loom model RX 6.1, for example, has (as do all Starlinger circular looms) the lowest production costs per fabric meter industry-wide, and operates at a significantly higher production speed than comparable looms on the market.

The RX circular looms are manufactured in the Starlinger factory in Taicang, Jiangsu province, China. Producing circular looms in China with components made in Austria has turned out a successful concept for Starlinger. In the past 10 years the Taicang production facility has grown steadily, having produced more than 7000 circular looms in this period and employing around 80 people by today. With a service team consisting of Chinese service engineers Starlinger customers in the region can rely on quick and professional support.

Posted May 17, 2016

Source: Starlinger & Co. GmbH

New Company Awarded Contract To Organize ITMA 2019

BRUSSELS, Belgium — May 17, 2016,  – CEMATEX, the European Committee of Textile Machinery Manufacturers, has announced that it has awarded a contract to a new company, ITMA Services, to organize its ITMA 2019 show.

ITMA Services NV is headquartered in Brussels and has a subsidiary office, ITMA Services Pte. Ltd., in Singapore.

Sylvia Phua has been appointed as Managing Director of ITMA Services. Phua has previously been involved in organizing ITMA 2011 in Barcelona, ITMA 2015 in Milan, as well as the ITMA ASIA 2001 and 2005 shows in Singapore. She also collaborated on the ITMA ASIA + CITME series of shows in Shanghai from 2008 through 2014.

ITMA 2019 will be held from June 20-26, 2019, in Barcelona, Spain.

Posted May 17, 2016

Source: CEMATEX & ITMA Services NV

Deniz Export Invests In bestLEN 7413 From SPGPrints For New Textile Printing Venture

BOXMEER, Netherlands — May 17, 2016 — SPGPrints announces the sale of its bestLEN 7413 direct laser engraver to Deniz Export, Istanbul, Turkey, for imaging rotary screens in its new textile printing plant in Tashkent, Uzbekistan.

Deniz Export is a textile dealer with strong trading links in northwestern Asia. As part of its strategy to streamline logistics, the $80 million turnover company is opening three textile production facilities closer to its major markets. The first of these are to open in Russia; the third will open in Uzbekistan, where the bestLEN 7413 will be installed. All these facilities are printing and dyeing plants.

Using bestIMAGE software for automatic laser power calibration, bestLEN combines unprecedented levels of repeatable quality and efficiency with ease of operation. With the ability to image screens up to 3.5m length at maximum resolutions of 2540 dpi, the bestLEN 7413 engraver facilitates the production of textiles with sharp images, fine lines and perfect halftones. Its accelerated production workflow is made possible because it avoids time-consuming processes like exposing and washing. Furthermore, it reduces costs by eliminating the need for films, chemicals and their disposal. This cuts screen engraving cycles to just 30 minutes, and minimises chances of human error. As a consequence of bestLEN 7413’s speed and precision, Deniz Export expects to gain the capacity to produce screens for other printers in the region and offer competitive lead-times.

“For us, it was important to have the best and latest equipment for our new operations,” said Mr. Levent Gök, Purchasing Manager, Deniz Export. “SPGPrints’ reputation for innovation, quality and reliability made the bestLEN engraver particularly attractive. It will provide a solid foundation for our business.”

Launched at ITMA 2015, bestLEN 7413 has proved to be hugely popular, with over 20 installation deals confirmed worldwide.

“High-quality textiles begin with high-quality screens,” said Hakan Uzman, Managing Director SPGPrints Baskı. “The choice of the bestLEN 7413 by Deniz Export for its first textile printing operation is gratifying. It is their first SPGPrints system and we look forward to a long relationship with them.”

Deniz Export’s bestLEN laser engraver will be shown on the SPGPrints stand (805A) at ITM 2016, in Istanbul (1-4 June), after which it will be shipped to Uzbekistan for installation at the new plant.

Posted May 17, 2016

Source: SPGPrints

 

Archroma To Present The “Science Of Sustainability, Color And Denim” At Denim Première Vision

REINACH, Switzerland — May 17, 2016 — Archroma will present its innovation and solutions for denim and casualwear under the motto: “The science of sustainability, the science of color, the science of denim” at Booth A1 at the upcoming Denim Première Vision (DPV) in Barcelona, Spain.

For all of us, inner beauty matters just as much as outer beauty. Consumers aspire to clothing, garments or textiles that bring them function, beauty … and meaning — clothing, garments or textiles that are made in a more sustainable and responsible way.

Archroma, who is starting to make itself a name for continuously challenging the status quo in the deep belief that it can make its industry sustainable, will present its innovations for a more sustainable denim industry at Denim Première Vision.

The science of sustainability

Archroma’s denim experts look to help denim manufacturers and brands to produce denim based on the most efficient possible use of resources, in particular water.

Archroma brings forward its experience in eco-advanced innovative colors and effects, with its multi-awarded ADVANCED DENIM dyeing technology. ADVANCED DENIM allows savings of up to 92 percent in water, 87 percent in cotton waste and 30 percent in energy, compared to a conventional denim dyeing process.

And whilst trends show a growing demand for earthy and warm tones in denim and casual wear, visitors at the booth will be able to see one of Archroma’s latest innovations: Earthcolors. Earthcolors is a range of colors created from agricultural waste and embracing the latest in communication technology to enable transparency and traceability through the supply chain to consumers. Earthcolors is currently exclusive to brand owners only.

At Denim Première Vision, Archroma will showcase its latest Earthcolors collection that brings to life black, grey and brown washed eco-conscious jeans ideas, as well as an amazing collaboration collection with garment specialist Tonello, showing tee-shirts nitrogen dyed with laser finishing using Earthcolors.

The science of color

Archroma’s expertise covers the full spectrum from the colors of nature to the colors of denim.

At Denim Première Vision, Archroma will present color and finishing solutions to support the denim and casual wear trends foreseen for Autumn/Winter 2017-2018:

  • “bright ’n Blue”, a prototype collection using exclusive Archroma ocean blue dyes suitable for denim, with special mention to its new Diresul® Caribbean Blue for a teal color look;
  • “Stay Dark”, solutions for blue and black concepts to support nighttime-inspired shades;
  • “Earth Hugger”, a capsule collection based on Diresul® RDT and Optisul® C dyes for earthy and military looks;
  • “Indie Go Slide”, a capsule collection mimicking indigo look on printing and coating, using Optisul® Blue C dye and new Printofix® Blue T-WD pigment for wash-down effects with oxidative agents;
  • “Indie Go Dive”, a capsule collection mimicking indigo blue look on a range of fabrics such as Corduroy, knitted, Modal®, or Tencel®;
  • “Stay Cool”, finishing solutions for more functional denim: water repellence that is not based on fluorine, as well as soil and stain release, moisture management, anti-bacterial, soft and elastic finishes, etc.

And because color is a science, Archroma will showcase its recently introduced new Color Atlas by Archroma, a six-volume set that features over 4,300 new colors on cotton poplin. Color Atlas by Archroma brings color creativity and manageability to an entire new level. The “physical library” is complemented by a mobile-friendly “Color Atlas Online” with exciting features such as “color-on-the-go”. This feature allows you to capture an image using your smart phone, and identify the closest Color Atlas shades with the possibility to purchase a color sample instantly!

The science of denim

Archroma is widely recognized in the textile industry as an expert for denim solutions that bring together the science of denim, from color to finish. With Archroma, designers and denim professionals can explore a full solution package from the first idea to the final product.

“When we first introduced our eco-advanced dyeing technology Advanced Denim back in May 2009, very few players in the denim industry could foresee the step-change that the entire textile industry is now going through,” says Nuria Estape, head of global marketing/promotion, “We were forerunners in promoting the possibility to produce denim in a more sustainable way. Today, fashion brands and retailers in particular are under growing pressure to take action, and the entire textile supply chain is eager to find innovations that will allow them to stay in the race. With our sustainability service One Way, our extensive Color Atlas color library, and innovations such as Advanced Denim or Earthcolors, we are helping them to create fashion that brings style, creativity and responsible production closer together.”

Posted May 17, 2016

Source: Archroma

Delta Galil Reports 2016 First Quarter Results

TEL AVIV, Israel— May 16, 2016 — Delta Galil Industries Ltd. — a manufacturer and marketer of branded and private label apparel products for ladies, men and kids, as well as leisurewear and activewear — today reported its financial results for the first quarter ended March 31, 2016.

The Company reported sales of $256.7 million for the first quarter of 2016, an increase of 2 percent from $252.8 million for the same quarter last year. The growth in sales primarily reflected a significant improvement in Europe and in Israel.

Operating income was $14.8 million for first quarter 2016, versus $15.3 million for the first quarter last year, representing a 3-percent decrease. The decline in operating income was primarily a result of the impact of mark to market valuation on hedging transactions, which resulted in a loss of $1.5 million in this quarter, versus a profit of $1.4 million in the first quarter of last year. Excluding the mark to market valuation mentioned above, the operating income in the first quarter of 2016 amounted to $16.3 million, compared to $13.9 million in the first quarter of 2015, an increase of 17 percent.

Net income attributable to shareholders was $7.9 million in the first quarter of 2016, compared to $8.9 million in the same quarter of 2015. Excluding the mark to market valuation mentioned above net of tax effect, the net income in the first quarter of 2016 amounted to $9.0 million compared to $ 7.9 million in the first quarter of 2015, an increase of 13 percent.

Diluted earnings per share attributed to shareholders were $0.31 for the 2016 first quarter, compared to $0.35 for the 2015 first quarter. Excluding the mark to market valuation mentioned above, net of tax effect, the diluted earnings per share in the first quarter of 2016 amounted to $0.35, compared to $0.31 in the first quarter of 2015, an increase of 13 percent.

Management Comment

Isaac Dabah, CEO of Delta Galil, stated: “Our 2016 first quarter results were in line with expectations, reflecting a moderate top-line growth and a double-digit increase in operating profit before the effect of hedging. During the quarter, we began to benefit from investments made in 2015 to improve our business, as we saw a significant increase in Delta USA’s operating profit and meaningful improvements in our global upper market performance resulting from efficiencies in our owned factories.”

“Our diverse blend of business segments, product categories and an expanded global presence, along with our strategic efforts to grow in areas such as branded products, continue to drive both growth momentum and balance,” Dabah continued. “We were pleased with the successful launch of the Puma brand license in Israel during the quarter, and will continue to expand our prominent portfolio of licensed brands by pursuing additional strategic acquisitions.”

“Looking ahead, we are focused on attaining double digit EBIT growth in 2017. We remain committed to investing in new products and resources to drive sustained profitable growth and long-term shareholder value, and with a strong balance sheet and cash position, we have the necessary financial resources to continue to invest, innovate and grow,” Dabah concluded.

EBITDA, Net Debt, Equity, Dividend and Shares Buyback

EBITDA was $20.2 million, or 7.9-percent of sales in the 2016 first quarter, increasing 3-percent compared with $19.6 million, or 7.8-percent of sales in the same quarter of 2015. EBITDA increased 18 percent excluding the effect of mark to market effect of hedging transactions in both Q1 2016 and Q1 2015.

Operating cash flow was negative $23.6 million in the 2016 first quarter, versus negative $19.8 million in the same period of 2015. The increase in negative operating cash flow was due to a $36.8 million increase in working capital, compared with a working capital increase of $33.5 million in the same quarter of 2015, reflecting the seasonality of the business. Operating cash flow for the twelve-month period ending March 31, 2016 was $66.7 million, compared to $40.1 million for the same period last year.

Net financial debt as of March 31, 2016 was $112.4 million, compared to $83.7 million as of March 31, 2015, and $74.5 million as of December 31, 2015.

Equity as of March 31, 2016 was $368.9 million, compared to $328.2 million a year earlier.

Delta Galil declared a dividend of $3.5 million, or $0.139 per share, to be distributed on June 7, 2016. The determining and “ex-dividend” date will be May 25th 2016, per the Tel Aviv Stock Exchange.

The Company has repurchased 163,216 shares since February 25th and until May 15th 2016 under its share buyback plan, representing approximately 59 percent of the $7.5 million plan approved by the board.

Reaffirming Guidance for 2016

The Company is reiterating its 2016 financial guidance, excluding non-recurring items, which is based on current market conditions and current exchange rates of $1.12 per euro and 3.80 NIS per US$. Full-year sales expected to range between $1,090 million-$1,110 million, rising 1 to 3 percent from 2015 actual sales. Full-year 2016 diluted EPS is expected to range between $1.93-$2.02, representing an increase of 2 to 7 percent from 2015 actual EPS of $1.88.

Posted May 16, 2016

Source: Delta Galil

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