A new report by the Paris-based Capgemini Research Institute reveals that forty-seven per cent of large European and US organizations have already invested in reshoring their manufacturing production, with 72 per cent currently developing strategies for reindustrialization or already having one in place.

Picanol, the world's leading manufacturer of weaving machines, is set to showcase its latest innovations in weaving technology and sustainability at Techtextil Frankfurt, the premier international trade fair for technical textiles. Scheduled from April 23 to April 26, 2024, this event serves as a pivotal platform for Picanol to present its cutting-edge solutions for various applications, ranging from filter fabrics to tire cords.

The anticipation is building as the world's premier technical textile and nonwoven manufacturers, along with technology leaders, gear up to converge at the HIGHTEX 2024 Exhibition. Scheduled to take place from June 4th to June 8th, 2024, this event promises to be a groundbreaking gathering, attracting global buyers and industry representatives from far and wide.