LANLO to invest Rs. 350m to up grade plant
Shirajiv SIRIMANE
Lankaloha Hardware Limited, (LANLO) the former Ceylon State Hardware
Corporation has invested Rs. 350 million to up grade their plant to meet
current demands.
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Mumtaz
Siriwardane |
Mumtaz Siriwardane, Deputy Chairman and Managing Director said that
currently there is a construction boom in Sri Lanka which has resulted
increase demand. "In addition due to our superior quality there is also
an international demand and we would also be looking at this market in
the future," he added. The company has reached tremendous heights,
achieving greater sales and market share.
She said that the one of the key successes for them is that they only
use ISO certified raw material hand picked and imported form South
Africa.
"We also maintain high quality during all stages of production," she
said. The company has continuously modernized its production facilities
to ensure high quality products by introducing state of the art
technology.
"Further we have expanded the distribution facilities and we maintain
a high level of customer satisfaction. This has enabled the company to
maintain a steady growth and gain a competitive edge."
She also disclosed that they would also look at anew product range in
the future.
The company also manufactures a range of agricultural based hardware
marketed under the brand name LANLO. The company also exports to the
Middle East and Maldives, while its clientele in Sri Lanka includes
leading hotels, government institutions and leading supermarkets.
The financial injection for the Lanlo expansion was made possible
with Dave Tractors purchasing Lankaloha Hardware Limited. Over the
years, Dave Tractors has reached tremendous heights, achieving greater
sales and market share, gaining Islandwide recognition and enhancing its
products and services.
"The profits generated from Dave tractors were re invested with
Lanlo," she said.
Today, Dave Tractors enjoys being one of the largest tractor
importers' in the country. It is the only company in Sri Lanka which
markets the entire range of agriculture products under one roof. The
entire office works in a sophisticated computer environment using the
SAP software package and it offers an unmatched customer service with 24
hour on call service teams.
"Our expanded horizons will enable our clients to accelerate into the
future and meet tomorrow's challenges."
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