07/10/2025 – Textile machinery sector in crisis
Mayer & Cie Files for Restructuring
German circular knitting machine manufacturer enters self-administration as global trade conflicts and competitive pressures reduce export demand, while maintaining operations during restructuring process.
Current knitting machine: The crisis at Mayer & Cie. exemplifies the challenges facing German textile machinery manufacturers in global competition. © Mayer&Cie
Current knitting machine: The crisis at Mayer & Cie. exemplifies the challenges facing German textile machinery manufacturers in global competition. © Mayer&Cie