|1838||Anton Woess and Johann Grillmayer jointly found the "Baumwollgespunst-Fabrika" in Linz/Kleinmuenchen, which remains a privately-owned enterprise until 1872.|
|1872||Foundation of "AG der Kleinmünchner Baumwoll-Spinnerei und mechanische Weberei" with the take-over of the plants and real estate property owned by "Johann Grillmayr und Söhne".|
|1978||The company's name is changed to Linz Textil Aktiengesellschaft.|
|1981||Modernisation and enlargement of the Linz weaving mill, as well as closure of the printing and dyeing plants in Moellersdorf/Lower Austria.|
|1982||Acquisition of the Felixdorf spinning mill.|
|1984||Acquisition of Weberei Telfs GmbH.|
|1985||Acquisition of the Matrei spinning mill.|
|1987||Acquisition of Textilwerke Reutte GmbH and foundation of Linz Textil GmbH as an independent operative unit by means of disincorporation from Linz Textil Aktiengesellschaft.|
|1988||Capital increase through capitalization issue.|
|1990||Extension and overall modernization of the production hall with incorporation of new production systems at the Linz spinning mill.|
|1992||Acquisition of the Klarenbrunn/Bludenz spinning mill.|
|1994||Acquisition of the Landeck spinning mill.|
|1999||Expansion of the production hall with incorporation of additional production systems at the Landeck spinning mill.|
|2000||Erection of a new weaving mill at the Linz location, with a production area of 17,500m². The 2000 business year was the best in the company's history!|
|2001||Conversion of the company's share capital currency from the Austrian schilling to the euro, as well as change-over from par shares to no-par shares with a simultaneous increase of the share capital to EUR 15,000,000. Furthermore, the shares are split at a ratio of 1:2, so that the 150,000 no-par shares originally issued are replaced by 300,000 no-par shares. Completion of the new high-performance weaving mill at the Linz location.|
|2002||Acquisition of the "Predionica Klanjec d.d." spinning mill in Croatia, which strengthens the company's market presence and broadens its range of products.|
|2004||Acquisition of 100% of the Vossen AG group. Restructuring of Textilwerke Reutte GmbH to form Linz Textil GmbH Textilwerke Reutte und Liegenschaftsverwaltung Reutte GmbH. Purchase of a majority interest in the RTK spol. S.R.O. weaving mill, CZ.|
|2005||In 2005, the group's structure changes as a result of the shut-down of two production units (the cotton spinning mills in Felixdorf (A) and Jindrichuv Hradec (pilot project in CZ)).|
At its meeting on November 24, 2006, Linz Textil Holding AG's supervisory board decides to implement a viscose project, in China, including the erection of a viscose spinning mill.
|2007||Global changes and shifts led-tions of markets to further adjustments in capacity. The spinning Matrei was merged with the production in Landeck. The capital stock was reduced to € 6.0 million.|
|2008||The textile industry is fully in the grip of the global economic crisis. Spinning and weaving capacity is reduced sharply and for this reason the Reutte weaving mill has to be closed. Construction work at the Nanjing plant in China is completed and production at a reduced level is postponed until 2009.|
|2009||In spite of the economic crisis and difficult general conditions, the Linz Textil Group succeeds in closing the year with a positive result. The Linz (Nanjng) Viscose Yarn Co. Ltd. spinning mill is launched successfully and is already well established from a technological, quality and productivity standpoint. Two major fires at the Linz spinning mill at the end of the year destroy important storage facilities and cause serious damage.|
|2010||The year started with another major fire at the Linz site and this severely affected the viscose spinning works in Linz. Increased investments were triggered, including in a new high-bay storage system. The easing of the financial crisis led to a stabilisation of the markets, which enabled the Linz textile group to record healthy consolidated results.|
|2011||The tightened framework conditions made it necessary for the Linz textile group to align the production models and concepts in the second half of 2011. Due to the forward-looking investment activities of the previous years and the greater flexibility at the ultra-modern production sites, it was possible in the course of this restructuring to maintain the group's clout and further increase this in certain areas.|
|2012||The consequences of the economic and financial crisis continued to dominate the international economic environment. These had a dampening effect on the development of demand and therefore retarded the growth of global trade. However, despite these fragile framework conditions the Linz textile group succeeded in recording comparatively stable business performance, even if it was not possible to attain the market volumes and revenue levels of the previous year.|
As a result of the overall economic development picture, the weaker demand situation that predominated in the first half of 2013 continued until the end of the year. Consequently, the sales volume in the standard segment was reduced considerably at the Linz spinning mill and was partly compensated for by higher value replacement products. A fall in the sale price for viscose yarns and grey fabrics also contributed to this scenario.
During last year, the strategy of developing of new product lines, which has already been successful in the past was again pursued systematically. One point of emphasis was formed by a still greater spezialisation in the air jet yarn product family. At the same time, a second focus was formed by the stabilisation of the polyester yarn business area. In this connection, production was transferred from Landeck to Linz.
Investment activity was dominated by the mayor project in the ultrafine cotton yarn area at the spinning mill in Landeck. In the course of structural readjustment, cotton yarn production at the klarenbrunn spinning mill location ceased on 30 June 2015 and operations were shut down.