Rieter is a leading supplier on the world market for textile machinery and components used in short staple fiber spinning. Based in Winterthur (Switzerland), the company develops and manufactures machinery, systems and components used to convert natural and manmade fibers and their blends into yarns. Rieter is the only supplier worldwide to cover spinning preparation processes as well as all four final spinning processes currently established on the market. With 18 manufacturing locations in ten countries, the company employs a global workforce of some 4 800, about 24 % of whom are based in Switzerland. Rieter is listed on the SIX Swiss Exchange under ticker symbol RIEN.
The company comprises two Business Groups: Spun Yarn Systems develops and manufactures machinery and systems for processing natural and man-made fibers and their blends into yarns. Premium Textile Components supplies technology components and service offerings to spinning mills and also to machinery manufacturers.Rieter is a strong brand with a long tradition. Since the company was established, Rieter’s innovative momentum has been a powerful driving force for industrial progress. Products and solutions are ideally tailored to its customers’ needs and are increasingly also produced in customers’ markets. For the benefit of shareholders, customers and employees, Rieter aspires to achieve sustained growth in enterprise value. With this in mind, Rieter seeks to maintain continuous growth in sales and profitability, primarily by organic growth, but also through strategic alliances and acquisitions.
The former Rieter Automotive Systems Division has been listed separately on the SIX Swiss Exchange under the name of Autoneum since May 13, 2011. The information on this website relates to the new Rieter organization with its industrial focus on the textile machinery and components business.