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ACL Cables was ranked the most valuable building material and 37th overall brand in Sri Lanka in 2022 by Brand Finance. The company controls 70% of the market share of the cable market. [11] ICRA Lanka upgraded its credit rating of ACL Cables to [SL]AA- from [SL]A+ in January 2022. The credit outlook is adjudged as Stable.
A swaged sleeve is a connector that gets crimped using a hand tool and die . This type of compressed sleeve is commonly used to make mechanical or conductive connections. These sleeves join or terminate wire rope, aircraft cable, synthetic cable, fibrous rope, or electrical conductor cables. Oval swaged sleeve
Fred A. Lennon and Cullen B. Crawford founded Crawford Fitting Company in Cleveland, Ohio, in July 1947 to manufacture the Swagelok tube fitting, which used a two-ferrule design to “swage” or form the tube and lock it into place. One year later, Lennon bought out Crawford and continued to grow the business.
At the onset of the COVID-19 pandemic, the company forecasted its revenue would take a LKR1 billion hit. Browns Investments' subsidiary, Iconic Trust, acquired a 29.5% stake in the company as part of a larger acquisition deal. Sierra Cables is an LMD 100 company in Sri Lanka. LMD 100 lists public companies in Sri Lanka by revenue annually ...
Swaging (/ ˈ s w eɪ dʒ ɪ ŋ /) is a forging process in which the dimensions of an item are altered using dies into which the item is forced. [1] Swaging is usually a cold working process, but also may be hot worked. [2] The term swage may apply to the process (verb) or to a die or tool (noun) used in that process.
A swage terminal is a product used to terminate wire. A swaging machine is used to terminate the wire. The wire is passed into a deep hole in the swage terminal which is then pressed onto the terminal by applying force. This type of product is used in the architectural and marine industries.
According to the International Monetary Fund, Sri Lanka's GDP in terms of purchasing power parity is second only to the Maldives in the South Asian region in terms of per capita income. As of 2010 [update] , the service sector makes up 60% of GDP, the industrial sector 28%, and the agriculture sector 12%. [ 1 ]
In 2009 the company was acquired by the UAE-based Onyx Group which is owned by the Sri Lankan businessperson Sri Lanka Investment Corporation and re-branded as "Ceylon Steel" Corporation Limited. [5] [6] On 2020 Lanwa Sanstha announced they plan to build massive cement corporation under the name of Lanwa Sanstha Cement Corporation. The company ...
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