Board of Abhishek Ind OKs expansion projects

Abhishek Industries Ltd has informed that the Annual General Meeting (AGM) of the Company was held on September 25, 2010. The Board of the company has approved following projects & matters in its meeting held on September 25.

1. The Strategy Committee of the Board in its meeting held on September 25, 2010 has approved the following expansion projects:

i) Yarn Expansion Project for setting up 275904 spindles & 2040 Rotors including other balancing equipment at a total capital outlay of Rs. 1117 crores as appraised by SBI Capital Markets Ltd.
ii) Expansion cum Modernization Project in Terry Towel Division by installing 14 new Air Jet Dobby Looms along with other machineries in processing, finishing house and spinning sections at a total capital outlay of Rs. 55 crores as appraised by Corporation Bank.

2. The Company has been selected for Silver trophy for "Top Exporters - Madeups" in the category of 'Towels' and the Bronze trophy for "Highest Global Exports for textiles" for the year 2009-10 by Texprocil. The award would be conferred on the Company in Texprocil award function scheduled to be held on September 28, 2010.

3. The operations of Terry Towel Division (Unit 3) of the Company which had been disturbed due to explosion of Chemical storage tank have been normalized.

Abhishek Industries Limited is engaged in the manufacture of terry towel, agro-based paper and yarn.

Original Source: Board of Abhishek Ind OKs expansion projects at Fibre2fashion

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Demo of next generation of Kornit DTG printers at SGIA

Kornit Digital, a leading-edge company that develops, manufactures and markets high-speed industrial digital inkjet printers, superior pigmented ink and unique chemistry solutions for the textile decorating industry, will demonstrate the next generation of the Kornit Direct-On-Garment printers at the 2010 SGIA expo in Las Vegas, featuring unprecedented printing speeds with the new Kornit Avalanche 951 Digital printer for high-volume production businesses.

Kornit Avalanche 951 is a dual-pallet industrial digital inkjet printer for the high-volume production of light & dark garments. With an extremely innovative and robust industrial platform, designed for printing vast quantities in a high-level production environment, the Kornit Avalanche 951 demonstrates an unparalleled ability to generate spectacular 4 color process prints at an impressive rate of up to 300 garments per hour.

With its advanced, fully automated system that insures a smooth and seamless production workflow, the Kornit Avalanche 951 enables garment decorators to produce remarkable multi-color prints on a wide range of textile applications and finished garments, and to efficiently and cost-effectively reach optimum digital printing results for 24/7 short & long run production.

Featuring matchless printing capabilities, the Kornit Avalanche 951 is the optimum solution for massive-level production DTG businesses and traditional screen printers that are looking to expand towards hybrid apparel decoration enterprises.

"For the past two years Kornit has extensively invested in research and development for the purpose of providing customers with a better, bigger and faster solution to their printing needs, pushing the limits of innovation" says Ofer Ben Zur, CEO of Kornit Digital. "As the garment decoration industry undergoes digital migration, we are proud to introduce to the market the next generation of breakthroughs, delivering undeniably differentiated printing experience with the Kornit Avalanche 951".

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Launch of USTER QUANTUM 3 with Smart Clearing Technology

Uster Technologies Ltd, the leading high technology instrument manufacturer of products for quality measurement and certification for the textile industry, announced today the market introduction of the ground-breaking third generation of its best-selling USTER QUANTUM clearer system.

This latest state-of-the-art quality assurance technology allows textile manufacturers optimize production efficiency and reduce costs, making the device to an indispensable quality management tool in spinning plants. The pioneering system offers significant benefits that allow textile manufacturers to work with yarn of highest quality and thereby avoid any disturbing defects that could result in lost sales and profit. The production ramp-up and training of the world-wide sales teams already commenced in September. Full production capacity will be in place by November 2010.

USTER QUANTUM 3 with Smart Clearing Technology represents the latest generation of the Group’s future-oriented quality assurance technology. The system features new powerful capacitive and optical sensor technology that makes all disturbing defects visible, thereby significantly enhancing detecting accuracy and enabling manufacturers to sort out thin and thick places, inconsistent colors or other unwanted properties. The new clearer has a robust and rugged design for less maintenance and a longer life expectancy and is smart and simple to use. Furthermore, the system includes a completely new designed control unit with a modern and ergonomic user interface.

Read more on Launch of USTER QUANTUM 3 with Smart Clearing Technology at Fibre2fashion

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Original Sewing & Quilt Expo to start on Nov 11

After 15 years of steady innovation and growth, Original Sewing & Quilt Expo has become known as the place to go for everything related to sewing machine, quilting machine, machine and hand embroidery machine, fiber and needle arts. The Expo, a public event attended by thousands of treasure and inspiration-seekers, returns to Kansas City, Missouri (Oct. 21-23) and Minneapolis, Minnesota (Nov 11-13) this autumn, with more for enthusiasts than ever before.

Yes indeed sewing is alive and well, and for annual visitors to Original Sewing & Quilt Expo there's much to do and see that's new.

For instance, the "For Rookies" workshop series, shares the essential basics of quiltmaking, home decor sewing, surface design, sewing for kids and more, while advanced technique classes keep experienced enthusiasts moving ahead creatively and technically. If attendance is any indicator, more people than ever before are sewing and quilting – everyone from shy dabblers to bona fide experts is out there, seeking more satisfaction and creative fulfillment at the Expo.

In the Exhibit Hall, attendees try the latest products and learn about the projects they inspire as they hunt for their next projects' treasures in retail booths throughout the Expo. In just three days, they'll stock up for a year's worth of stitching pleasure.

All in all, there's something at the Expo for everyone, with nearly 200 classes and workshops, designers, suppliers and retailers from across the country sharing the latest tools, supplies, equipment and techniques, runway fashion shows, how-to demos and great displays in the Expo Galleries.

Read more on Original Sewing & Quilt Expo to start on Nov 11 at Fibre2fashion

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Orders of textile machinery grows - ACIMIT

Orders for Italian textile machinery grew over the second quarter of 2010, which closed with an overall index of 159.5 points for the period from April/June, amounting to a 35% increase compared to the previous quarter.

In market terms, the orders index processed by ACIMIT, the Association of Italian Textile Machinery Manufacturers, indicates a 40% increase abroad and a 5% increase in Italy.

Commenting on the data, Sandro Salmoiraghi, President of ACIMIT, stated that “the growth in orders is a satisfying element, but the recovery has more or less equally rewarded other machinery manufacturing Countries as well, so that competition on international markets is even fiercer than in the past.”

Forecasts for the third quarter of 2010 provided by producers indicate an essentially stable situation in all segments for Italy’s domestic market. More consistent signs of optimism are coming from foreign sales.

“The orders coming in over the next three months” affirms Salmoiraghi “will be decisive in understanding whether the recovery marks a real reversal of trends.”

ACIMIT (Association of Italian Textile Machinery Manufacturers) is a private national body that gathers Italian textile machinery companies producing more than 80% of the entire Italian textile machinery production, and some associated members (consortia, technical schools, technical magazines, research centres).

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