Magazine July 2012

All the latest information from the textile world

Welcome!

To coincide with the ITMA ASIA + CITME 2012, the Groz-Beckert Online Newsletter is focusing on a location where the greatest market opportunities await us! In our "Asia Special" we want to inform you about specific topics, products and applications that are especially relevant to Asia. Discover the world of Groz-Beckert – there's no better time to do so!

The continent of Asia has been crucially important to the textile industry for many years now. High growth rates are making the markets there steadily expand, and a further factor is the increase in local demand caused by the continually growing purchasing power of many Asian citizens. In 2011 the markets of Asia made up more than 50 percent of the overall sales of the Groz-Beckert Group. This is borne out by the enormous market volume but it also shows that the Groz-Beckert product range, with over 70,000 products, is also fulfilling all requirements locally.

Groz-Beckert in Asia – locally active since 1960

The fact that Groz-Beckert has been present in Asia for decades with its own production and sales companies has played an important and decisive role in its success there. Over many years the company has succeeded in getting to know people, markets and their specific needs, in making key contacts and developing especially market-suitable products on that basis. Intercultural competence and tolerance are also quite natural at Groz-Beckert. From 1960 onward, the company successfully established various different production and sales subsidiaries in Asia:

1960 Production plant in Chandigarh, India

1991 Sales company in Osaka, Japan

1995 Production company Yantex (Yantai) Precision Textile Accessories Co. Ltd. in Yantai, China

1998 Sales company Sinotech Asia Ltd., Hong Kong

2001 Sales companies in Seoul, South Korea, and Singapore

2004 Sales company P.T. Groz-Beckert Indonesia in Bandung

2008 Sales company Groz-Beckert Taiwan Ltd. in Taipei

2008 Production company in Ai Nghia, Vietnam

2011 Production plant opened in Ai Nghia, Vietnam

2011 Decentralized sewing laboratories in India, Singapore and Sri Lanka

ITMA ASIA

Would you like to experience Groz-Beckert's competencies for the Asian market for yourself, and benefit from them? There's nothing simpler than that! We'll be glad to welcome you to the ITMA ASIA, from 12.06 - 16.06.2012 in Shanghai. You'll find us in hall E5, at Stand H01. You can also find out all about our trade-show highlights in advance by reading the article "ITMA ASIA", which also forms a part of this Newsletter!