The Collaborative International Dictionary of English v.0.48:

Knitting \Knit"ting\, n.
   1. The work of a knitter; the network formed by knitting;
      knitwork.
      [1913 Webster]

   2. Union formed by knitting, as of bones.
      [1913 Webster]

   Knitting machine, one of a number of contrivances for
      mechanically knitting stockings, jerseys, and the like.

   Knitting needle, a stiff rod, as of steel wire, with
      rounded ends for knitting yarn or threads into a fabric,
      as in stockings.

   Knitting sheath, a sheath to receive the end of a needle in
      knitting.
      [1913 Webster]

WordNet (r) 3.0 (2006):

knitting machine
    n 1: a textile machine that makes knitted fabrics