Textile machinery shipment statistics for 2008

- Electronic flat knitting machine shipments down just 7% to 20,300

- Circular knitting shipments down 21% but still better than pre-boom period

Zurich – The period of heavy investment in most textile machinery segments between 2003 and 2007 came to an abrupt end in 2008. All textile machinery segments recorded lower shipments in the range of -3% to -66% in 2008 as compared to 2007.

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