Suessen, Jingwei Sign Cooperation Agreement
Spindelfabrik Suessen, Germany, has signed a supply agreement with Jingwei Textile Machinery
Co. Ltd., China.According to the agreement, Jingwei will supply its compact ring-spinning machines
equipped with Suessen’s EliTe®CompactSet, for which the core technology components will be
delivered by Suessen. Other parts will be manufactured under license by Jingwei.Both Suessen and
Jingwei say they both expect to expand their business and market share in the Chinese market
through the agreement.
Winter 2004