• About Us
  • Advertise
  • Privacy & Policy
  • Disclaimer
  • Contact
Tuesday, 20 April 2021
27 °c
Colombo
27 ° Wed
27 ° Thu
28 ° Fri
28 ° Sat
Sri Lanka News - BusinessNews.lk
  • Home
  • News
    • Local
    • Covid-19
    • Developments
    • Sports
    • World
    • Weather
  • Business
    • Banking & Insurance
    • Corporate
    • CSR
    • Economy
    • Entrepreneur
    • Financial
    • Travel
    • Budget
  • Magazine
  • News – Sinhala
    • Business – Sinhala
No Result
View All Result
Sri Lanka News - BusinessNews.lk
Home Business News

AMW Manufacturing expands tyre capacity with positive outlook for 2021

by Editor
21 March, 2021
in Business News, Corporate, News
2 min read
351 3
AMW Director – Manufacturing Lasantha Wijeweera
312
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

AMW Manufacturing, Sri Lanka’s pioneering tyre manufacturer, has risen above the challenges of the past year with a very positive outlook for 2021.

The company has dealt exceptionally well with COVID-19 and thrived amidst the novel market challenges to record impressive growth during 2020. This has been the result of acting quickly and decisively to completely restructure the company’s internal processes so as to cater to a post-COVID marketplace.

Proactively rising to the COVID-19 challenge from the very initial stage, AMW Manufacturing worked closely with the Sri Lanka Standards Institute to implement a state-of-the-art COVID-19 Safety Management System and was the second organisation in the country to have its COVID-19 safety system certified.

As a result, AMW Manufacturing managed to continue its operations unhindered while ensuring the health and safety of its associates. With equal proactiveness, the entire organisation was repositioned for even greater customer focus, supported by a change of structure, internal processes, intensive training for all employees and a complete overhaul of SOPs to ensure faster response times and a single point of contact for customers.

The introduction of Lean management has reduced waste and improved customer value creation while the introduction of cutting-edge automation and information technology, right down to the production floor, has made real-time decision making simpler and dramatically improved operational efficiency.

“Our strategic initiatives are centered on creating customer centric organisation supported by engaged employees, lean business practices and technology, which will ensure that we live our promise of ‘Going the Extra Mile,’” AMW Director Lasantha Wijeweera said. “Our focus on superior product and service quality as well as customer value addition has delivered results during the past few challenging months. So, our investments in people, processes and technology will continue, and we are certain of achieving even greater results.”

He further commented: “As we forge ahead, we are very optimistic about the market, especially in our area of expertise – material handling tyres. We will continue to build on our present position of strength by frequently incorporating the latest technology as we strive for even better business success.”

Building further on its recent achievements, the company has significantly increased its overall capacity, with an impressive 70% additional capacity to be introduced in the ‘Solid Tyres’ sector. The organisation also retains its position as the market leader in the domain of Custom Compound Mixing, with the addition of yet another state-of-the-art Banbury Mixer to its product line.

AMW Manufacturing is a subsidiary of Associated Motorways Ltd. and enjoys a long and illustrious history with over 69 years in the tyre manufacturing sector. Today, the organisation delivers a range of high-quality products to a global clientele. AMW also works in close partnership with the Al-Futtaim Group, one of the world’s leading multinationals, originating in the UAE. This, in turn, gives AMW global reach, access to international expertise, and ensures continual growth.

More News: NCE proposes COVID vaccination certification on passport

Tags: Associated Motorways (Private) Limited - AMWbnslLkaLocal News Sri LankaSriLanka
Share125Tweet78

Related Posts

Construction of first phase on Central Expressway begins
News

During the festive season, Expressways generate Rs 350 million in 11 days.

20 April, 2021
G.L.Peiris
Local News

All universities to reopen on April 27th – Professor G.L. Peiris

20 April, 2021
CSE
Biz Just In

CSE hosts blood donation camp under the title ‘Donate Blood, Give the Gift of life’

20 April, 2021
Nations Trust Bank Continues To Support Rebuild the Nation in These Unprecedented Times
Banking & Insurance

Nations Trust Bank announces landmark partnership to facilitate Western Union remittances

20 April, 2021
HNB partners Hayleys Agri for offers on Kubota, Agrotech, Farmtrac agriculture machinery
Banking & Insurance

HNB partners Hayleys Agri for offers on Kubota, Agrotech, Farmtrac agriculture machinery

20 April, 2021
SriLankan Airlines
Business News

SriLankan Airlines welcomes Indian delegation to Sri Lanka

20 April, 2021

RECENT

SriLankan Airlines

SriLankan Airlines welcomes Indian delegation to Sri Lanka

20 April, 2021
SriLankan Airlines

SriLankan Airlines strengthens presence in North America and Europe through Qatar Airways codeshare

20 April, 2021
HUTCH signs up Gayathri as new Brand Ambassador

Hutch together with Fortumo launches direct carrier billing in Sri Lanka

20 April, 2021
Huawei

Huawei: Optimizing portfolio to boost business resilience and navigate a challenging environment

20 April, 2021
Henan Province to Create a Sri Lanka Pavilion at the Giant Bairong Wholesale Market

Henan Province to Create a Sri Lanka Pavilion at the Giant Bairong Wholesale Market

20 April, 2021
MoU signed between ICTA Sri Lanka and enpact e.V, Germany to collaborate between startup ecosystems and Webinar on AgriTech and WaterTech

MoU signed between ICTA Sri Lanka and enpact e.V, Germany to collaborate between startup ecosystems and Webinar on AgriTech and WaterTech

20 April, 2021
Namal Rajapaksa

The official text of the prohibited list of various sports for 2021 to be tabled in Parliament on the 21st – Minister of Youth & Sports Namal Rajapaksa

20 April, 2021
Prasanna Ranatunga

Sri Lanka plans to create new tourist zones in order to boost tourism – Min. Prasanna Ranatunga

19 April, 2021
New Director General of Department of Government Information Mohan Samaranayake assumes duties today

New Director General of Department of Government Information Mohan Samaranayake assumes duties today

19 April, 2021
Vehicles under police custody

Vehicle registration marginally down in March

19 April, 2021
US Dollar - Foreign Currency

Sri Lankan Rupee appreciates further significantly

19 April, 2021
Sri Lanka Investment Forum to feature over 50 projects and corporate investment opportunities

Sri Lanka Investment Forum to feature over 50 projects and corporate investment opportunities

19 April, 2021
Sino Lanka Power Gen to install 2MW solar power at Taprobane Seafood Dankotuwa plant

Sino Lanka Power Gen to install 2MW solar power at Taprobane Seafood Dankotuwa plant

19 April, 2021
The Finance Houses Association announces timely revision of Self-Regulation Code to serve evolving needs

The Finance Houses Association announces timely revision of Self-Regulation Code to serve evolving needs

19 April, 2021
Prince Philip’s car is now a Sri Lankan royal artefact

Prince Philip’s car is now a Sri Lankan royal artefact

19 April, 2021
Hemas Consumer strengthens portfolio with L’Oréal partnership in Sri Lanka

Hemas Consumer strengthens portfolio with L’Oréal partnership in Sri Lanka

19 April, 2021
Showers

Showers expected in Sabaragamuwa, Western, Central, Uva and Southern provinces

19 April, 2021
Exterminators wins at SLIM Brand Excellence 2020

Exterminators wins at SLIM Brand Excellence 2020

18 April, 2021
Central Bank of Sri Lanka (CBSL) - Sri Lanka News – BusinessNews.lk |Local|Business|Sports|World

Central Bank reduces percentage of mandatory conversion requirement of export proceeds to 10 percent

18 April, 2021
Central Bank of Sri Lanka (CBSL)

CBSL introduces a regulatory framework to facilitate foreign currency borrowings by licensed finance companies

18 April, 2021
Import and Export

CBSL: Sri Lanka trade deficit remains unchanged in February 2021

18 April, 2021
COPA - Committee on Public Accounts (COPA)

COPA directs Health Ministry to test imported foods

18 April, 2021
Dr Sudath Samaraweera

To combat the spread of COVID, Sri Lanka is considering putting restrictions on foreign arrivals – Dr. Sudath Samaraweera

18 April, 2021
US Dollar - Foreign Currency

Rupee appreciates to Rs.201.28

18 April, 2021
B2B meeting to boost Sri Lankan exports of fruits and vegetables to Oman

B2B meeting to boost Sri Lankan exports of fruits and vegetables to Oman

17 April, 2021
Krishan Balendra - Sri Lanka News – BusinessNews.lk |Local|Business|Sports|World

Hyundai hands over ‘The Suites’ and ‘The Offices’ at Cinnamon Life to John Keells Properties

17 April, 2021
Showers

Showers expected in Western and Southern provinces.

17 April, 2021
Gotabaya Rajapaksa - Sri Lanka News – BusinessNews.lk |Local|Business|Sports|World

Ministerial Consultative Committee on Defence meets under the patronage of President Gotabhaya Rajapaksa in Parliament

19 April, 2021
Asian Swimming record holder LAC Abeysundara promoted to Corporal

Asian Swimming record holder LAC Roshan Abeysundara promoted to Corporal

16 April, 2021
Germany

ICTA inks MoU with enpact e.V, Germany

16 April, 2021
Sri Lanka News - BusinessNews.lk

Copyright © 2020
Business Studio
Powered by Rani CS

Navigate Site

  • About Us
  • Advertise
  • Privacy & Policy
  • Disclaimer
  • Contact

Follow Us

No Result
View All Result
  • Home
  • News
  • Local
  • Business
  • Covid-19
  • Sports
  • World
  • Magazine
  • Business – Sinhala

Copyright © 2020
Business Studio
Powered by Rani CS

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist