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Picanol

Picanol Group is a global firm engaged in developing, manufacturing and marketing of weaving machines and technological advancements for textile solutions for the suppliers of weaving mills. Offerings include air jumbo and steel weaving machinery; kit(s), spare accessories, prevention and maintaining services, servicing contracts; weaving-accessories like heddle(s), frame(s), reeds; repairing, training and consultation solutions relevant to the weaving machinery. The headquartered has been located at Ypres, Belgium, US, Asia and other European regions. The foundation of the company has been laid down by Charles Steverlynck, an industrialist as ‘Weefautomaten Picanol NV’ in the year of 1936. The company is present there with the same pace for the past 75 years, and today the name of the company is known as a world leader in weaving-machine industry. The company is actively involved in its work on a global basis and maintaining the overall work of the company with the help of a working strength of 2,250 numbers of employees.

Coming to the trading and shares of the company, it is in the list of the companies having a presence on the stock exchange of Euronext Brussels from the past for more than 45 years and has been listed firstly in 1966, and is under the NextPrime Indexing. The group is actively involved in the manufacturing and selling of the high technology based machinery for weaving textiles, mainly having a base in air-jet or rapier techniques along with the offerings of accessories related to the same field as customer-products for the servicing contracts, upgrading kits and training. Burckle, Te Strake, Steel Heddle, GTP Accessory, Melotte, Psi Control Mechatronics and Proferro brands in the textile industry have been developed by the company for carrying out the marketing of the products. The machinery of the company find its usage in the manufacturing of apparels, including table clothes, house hold linens, flannels, percales, sheetings, printed clothing, mattress ticking’s, inlets, upholstery, curtains, blankets, bedsheets, woolen clothing, seer suckers, sports tees, protecting wear, manmade fibers suits, linings, inter-linings, high twists, outer wear, rain, handkerchief, denim, work wear, blouses and a lot more.

There is a long list of the products provided by the company starting from casting iron components for compressor(s), agriculture machines and pumping machinery; electronics and Mechatronics fields consisting of controller(s), power machines, electronically controlled motoring systems for originally producing equipments. The list continues with the development and production of product ranges for petrochemicals, medications machinery, pharmaceuticals and chemical fields. The machinery is also useful for the manufacturing of the technology related fabric consisting of umbrellas, tire-cords, carpet-backings, seating, sailing clothing, protective wears, parachutes, industry fabric, glasses, gauze(s), filtering clothing, conveyor beltings, PS’s ribbons, tarpaulins, coating fabrics, tents clothes, canvas, awning(s) air bags and still many more. There is also provision of offerings for engineering castings services starting from the small to larger series for value driven partners for longer terms. ‘Psi Control Mechatronics’ and ‘Melotte’ are the two names by which the company has also applied to the designing, developing, and producing of the technology supporting systems and servicing for the Mechanotronics systems for originally equipments producers in various fields.