On April 29, 2010 Groz-Beckert was awarded a third place at the KYOCERA Environment Prize for its litespeed^® system. The occasion was the "Economics Day" organised by the Federal Association of Medium-Sized Companies e.V., Regional Association of North Rhine-Westphalia, in the World Conference Centre at the former German Bundestag in Bonn. The prize-winning system focuses on saving energy and resources for high-speed circular knitting machines by means of optimised needle geometries.

The award at the KYOCERA Environment Prize proves yet again that Groz-Beckert is assuming exemplary economic, ecological and social responsibility. In his speech of thanks at the award ceremony Dr. Thomas Kühl, board member of Groz-Beckert KG and also responsible for the Sewing and Nonwovens divisions, emphasised the great importance and continuous development of Groz-Beckert, the globally present supplier of accessories for textile machine construction and the textile industry: "The company began by manufacturing knitting-machine needles. Today the product portfolio reflects the full diversity of the textile world. With more than 70,000 types of product, we support all textile production methods and, together with mechanical engineering, are focusing increasingly on entire systems." This is accompanied by a commitment to sustainability, which is steadily gaining in importance throughout the company. For Groz-Beckert, the award – worth 20,000 Euro – represents not only recognition of services already rendered but also an obligation to pursue further activities in the future that are aimed at saving resources and conserving the environment.