Stay updated with breaking news from Circular Knitting. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Sandiganbayan has sentenced former Department of Finance (DOF) executive director Uldarico Andutan Jr. to up to 60 years in prison in connection with the multibillion-peso tax credit scam in the 1990s.
Santoni Shanghai Knitting Machinery Co., Ltd., founded and wholly owned by Italy's Lonati family, today announced the strategic acquisition of Terrot GmbH, a leading manufacturer of circular knitting machines based in Chenmitz, Germany. The move comes as the latest development in Santoni Shanghai's long-term vision to build an ecosystem that aims to reshape and consolidate the circular knitting industry. The transaction will be finalized pending approval from Chinese regulatory authorities.
Groz-Beckert knitting highlights at ITMA