Mayer & Cie. (MCT) develops, builds and sells circular knitting machines. So far so well known. Starting in January 2019, there will be an addition to the Mayer & Cie. portfolio. This is talking about braiding machines. They produce coatings for hydraulic hoses, as they are widely used in the automotive sector and in aerospace engineering, for instance. Another example are tubes that drive pumps on the seabed in offshore operations. So far, the US-based affiliate Mayer Industries has built these systems, which are considered to be premium products. As Mayer Industries is due to cease operations in the medium term, Mayer & Cie. has decided to integrate and take forward this successful line of business at its Albstadt location. The Albstadt-based company Mayer Braidtech will continue to be responsible for sales and service of the braiding machines. Since December 2018, Mayer Braidtech has been a wholly owned Mayer & Cie. subsidiary.
The main reason for expanding the line of products is Mayer & Cie.‘s target of sensible diversification. Marcus Mayer, one member of the company’s duo of managing directors and responsible for technical development, explains: “As a manufacturer of circular knitting machines we are subject to the vagaries of the textile machinery market, which experience has shown to be liable to strong fluctuations. A sector-unrelated product such as braiding machines will make us a good deal more – and healthily – independent.”
Another argument in favour of integrating the new product are the synergy effects between the two lines of business, although circular knitting and braiding machines are only distant relations. “Our new investment stays within limits because we can make many braiding machine parts with our existing machine tools and production machinery”, says Benjamin Mayer. He is Mayer & Cie.’s co-managing director, responsible for sales. “Assembly employees can not only assemble circular knitting machines, shipping employees can not only ship circular knitting machines.” Mayer & Cie. also anticipates a positive effect in the key sector of research and development, but with the stated aim of establishing a separate research department as soon as possible.