SMIT Concludes Contract With Pakistani Company

SMIT Concludes Contract With Pakistani Company
SMIT S.p.A. has concluded a contract to supply 126 weaving machines to Artistic Denim Mills Ltd., Pakistan. The first lot of 50 machines were delivered to the company’s plants in Karachi last November.

Atristic Denim Mills ordered 126weaving machines from SMIT.Artistic is vertically integrated denim supplier with retail customers around the world. The company’s 2003 turnover was more than 1.34 billion rupees (about $22.5 million at today’s exchange rate).SMIT S.p.A.
January/February 2005