The Textile Magazine
MARCH 2012
|
57
to manage quality, productivity and
profitability with the help of Uster
instruments, Uster best practices
and Uster Statistics. The company
also intensified its relationships with
major textile universities in China,
along with publishing a textbook
entitled “Textile Measuring Tech-
nology and Quality Control” written
by Richard Furter. This will repre-
sent a proud legacy recognizing his
acknowledged know-how and ex-
pertise.
Uster Technologies Ltd. was
present at both the important trade
fairs in 2011 – Shanghaitex in China
and ITMA in Barcelona. Uster mar-
keting and technology experts took
advantage of the chance to address
high-level industry audiences and
highlight the added value that its
product and service portfolio offers
to customers.
At ITMA, the central theme of
the group’s presence was dedicated
to the introduction of the new Uster
Total Testing approach, under the
banner “From Uncertain Results to
Predictable Profits”. Total Testing
is based on a unique combination of
laboratory testing, process monitor-
ing and know-how, and it provides
textile companies with unique possi-
bilities to transform their operations
and give the opportunity to assure
sustainability of their business.
Today textile producers must ex-
cel in all areas of their operations in
order to achieve sustainable growth
and results. The essential need is
to strike the right balance between
minimizing costs and consistently
achieving the required quality. This
demands proper control of yarn
quality.
Outlook
Uster Technologies is currently
expecting that the demand for qual-
ity measurement and certification
products as a means to sustained
profitability for textile producers
will continue. In addition, the fo-
cus on process optimization and the
trend for modernization and auto-
mation of textile production equip-
ment in China will remain as driver
of growth.
The textile industry is known to be
cyclical, and the consensus among
the suppliers to the industry is that
they will see a downturn in the cycle
in 2012, but more of a soft landing
rather than the crisis that was seen
in 2008-2009. The Uster manage-
ment supports this view, on the as-
sumption that there is not a further
financial crisis or major economic
disruption.
But as the company has demon-
strated in the past, it will be one of
the last to go into the cycle and one
of the first to come out after recov-
ery. As a result, the management
expects to see a decline in sales in
2012, but strong profitability will be
maintained. Experience gained over
the past years along with a proven
track record of delivering strong fi-
nancial performance underpins this
view.
Assuming the takeover offer of
Toyota Industries Corporation is
supported by Uster Technologies
Ltd.’s shareholders, it is likely that
the strategic collaboration between
the two companies will be further
intensified.
The joint business development
projects already initiated in 2009
are targeting synergies arising from
both companies’ unique technology
portfolios and excellent market po-
sitions in complementary industry
segments and are expected to yield
further growth potential in the near
future.
In the future, Uster Technologies
Ltd. seeks to offer textile producers
unique know-how and expertise in
meeting current and future industry
requirements as well as in applying
state-of-the-art technology that en-
hances customers’ production effi-
ciency, quality excellence and com-
petitiveness.
w
corporate news