Italian I.R.T.E., a family business founded in 1947, is an elastic band specialist. The company employs 35 people and reports sales of €5 million. I.R.T.E. produces 200 km daily of woven or knitted elastic bands in plains and jacquards. The production site in Trecate is equipped with 30 crochet machines for knitted elastic bands and 30 Jacquard machines.
I.R.T.E.’s bands are for the men’s intimates, stocking, active wear, and seamless technology (Santoni). Knitted and woven elastic bands with silicon are used for medical applications. I.R.T.E. has stock service for frequently used items for ordinary applications. The company also carries out special developments in partnership with clients to create new products.
Export represents 25 percent of activity and sales are handled directly by the company.
Rapid growth is taking place in the Eastern Europe market.