But this year, SSM has regained its legendary position in the winding machines segment.
The annual report talks on sales improvements in China, Bangladesh and India. Also on the advantages of cost now flowing in with manufacturing migration to China.
It is not so clear to me, as of now which segment of the market has SSM regained, but it does show that Stahle has proven to be a better investment against my predictions last year. The air covering machines should be the next best contributor to the bottom line.
On the other product range, except for soft package winders, the machines may not really be sustainable at the price levels, it is pitching in the global space. But , if prices do become rational factoring the China cost, perhaps, a much larger volume can be captured.
One product, which SSM is missing is the filament assembly winder. This could be the future for composites and Industrial yarns.
Anycase, well done SSM.
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