Brussels Stock Exchange
In 1966 the company was listed on the Brussels Stock Exchange. At the ITMA exhibition in Paris in 1971, Picañol exhibited the MDC, the world’s first electronically controlled flying shuttle machine. In 1989 the foundry division was split off from the other activities and made into a separate company, Proferro NV. In 1989 Picanol became part owner in what was then Protronic (now PsiControl). In 1993 Picanol achieved ISO 9001 certification. Verbrugge NV in Belgium and Steel Heddle Inc. in the USA were acquired in 2001. In 2003 among others Burcklé in France joined the group, while GTP Bandung was set up in Indonesia, GTP São Paulo in Brazil and GTP in Mexico.