Sierra Cables to diversify into PVC pipes manufacturing
One of the leading cable manufacturing companies, Sierra Cables PLC,
will diversify to manufacture PVC pipes by April this year.
Sierra Cables PLC Managing Director Shamendra Panditha told Daily
News Business that the company will invest Rs 150 million to setup a
factory to manufacture PVC and HDPE pipes at Athurugiriya.
The company will manufacture PVC pipes for the first phase of the
project and it will start producing HDPE pipes in 2013, in the second
phase of the project.
Sierra Cables has a 70 percent stake and Sierra Holdings has a 30
percent stake in the pipe making unit.
Arrangements are being made to use automated manufacturing processes
to manufacture pipes.
Automation in the process controls of the manufacturing industry may
enable some kind of work and complete it efficiently in less amount of
Sierra Cables was established in April 1978 and has now grown into
one of the foremost companies. It has launched its productive and
functional cables and enamelled winding wire of matchless quality, at
very competitive prices.
This is one of the pioneers in the cable manufacturing industry in
Sri Lanka having also obtained ISO 9001 certified organization.