The Investor Sentiment - Equity and investments forum for Sri Lankans



Join the forum, it's quick and easy

The Investor Sentiment - Equity and investments forum for Sri Lankans

The Investor Sentiment - Equity and investments forum for Sri Lankans

Would you like to react to this message? Create an account in a few clicks or log in to continue.
The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting

Latest topics

» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
Lanka Harness gets airbag recall replacement order EmptyFri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
Lanka Harness gets airbag recall replacement order EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Lanka Harness gets airbag recall replacement order EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Lanka Harness gets airbag recall replacement order EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Lanka Harness gets airbag recall replacement order EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Lanka Harness gets airbag recall replacement order EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Lanka Harness gets airbag recall replacement order EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Lanka Harness gets airbag recall replacement order EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Lanka Harness gets airbag recall replacement order EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Lanka Harness gets airbag recall replacement order EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Lanka Harness gets airbag recall replacement order EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Lanka Harness gets airbag recall replacement order EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Lanka Harness gets airbag recall replacement order EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Lanka Harness gets airbag recall replacement order EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Lanka Harness gets airbag recall replacement order EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Lanka Harness gets airbag recall replacement order EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Lanka Harness gets airbag recall replacement order EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Lanka Harness gets airbag recall replacement order EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
Lanka Harness gets airbag recall replacement order EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Lanka Harness gets airbag recall replacement order EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Lanka Harness gets airbag recall replacement order EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Lanka Harness gets airbag recall replacement order EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Lanka Harness gets airbag recall replacement order EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Lanka Harness gets airbag recall replacement order EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Lanka Harness gets airbag recall replacement order EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Lanka Harness gets airbag recall replacement order EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Lanka Harness gets airbag recall replacement order EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Lanka Harness gets airbag recall replacement order EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Lanka Harness gets airbag recall replacement order EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Lanka Harness gets airbag recall replacement order EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Lanka Harness gets airbag recall replacement order EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
Lanka Harness gets airbag recall replacement order EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
Lanka Harness gets airbag recall replacement order EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Lanka Harness gets airbag recall replacement order EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Lanka Harness gets airbag recall replacement order EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Lanka Harness gets airbag recall replacement order EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Lanka Harness gets airbag recall replacement order EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Lanka Harness gets airbag recall replacement order EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Lanka Harness gets airbag recall replacement order EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Lanka Harness gets airbag recall replacement order EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Lanka Harness gets airbag recall replacement order EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Lanka Harness gets airbag recall replacement order EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Lanka Harness gets airbag recall replacement order EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Lanka Harness gets airbag recall replacement order EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Lanka Harness gets airbag recall replacement order EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Lanka Harness gets airbag recall replacement order EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Lanka Harness gets airbag recall replacement order EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Lanka Harness gets airbag recall replacement order EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Lanka Harness gets airbag recall replacement order EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Lanka Harness gets airbag recall replacement order EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker


4 posters

    Lanka Harness gets airbag recall replacement order

    Backstage
    Backstage
    Top contributor
    Top contributor


    Posts : 3803
    Join date : 2014-02-24

    Lanka Harness gets airbag recall replacement order Empty Lanka Harness gets airbag recall replacement order

    Post by Backstage Thu Jul 02, 2015 1:45 pm

    Lanka Harness gets airbag recall replacement order
    Jun 30, 2015

    COLOMBO (EconomyNext) – Lanka Harness Company, which makes impact sensors for automobile airbags and seat belts, has won a big order to supply replacements needed in the global recall of defective airbags.

    Lanka Harness Executive Chairman Rohan Pallewatta said he will have to double existing production which now can go up to around two million units a month.

    The replacement order will be delivered over a two-year period, he said.

    Lanka Harness, which now employs 330 people, has gained recognition for supplying global automobile component manufacturers by meeting the most demanding international quality requirement, of below 1PPM or below one part per million defect tolerant rate.

    Pallewatta has said the quality requirement was required given the sensitive nature of the component, as air bags cannot fail and had to inflate on impact in case of an accident to save lives.

    Lanka Harness also plans to open a plant in Mexico to expand production.

    The international recall by the air bag manufacturer, Takata Corporation, has affected more than 30 million vehicles in the United States made by 10 automakers.

    Last week, Honda and Toyota recalled 3 million vehicles in Europe.

    Eight people have died and hundreds more have been injured as a result of the faulty airbags, according to reports.

    The problem was found to be defective inflator and propellent devices in the driver and passenger airbags which may deploy improperly in a crash, shooting metal fragments into the vehicle’s occupants.

    According to a Reuters report, in 2002 Takata’s plant in Mexico recorded 60 to 80 defects for every million inflators shipped to automakers - six to eight times above Takata's quality control limit.

    During last week’s shareholder meeting, Takata Chief Executive Shigehisa Takada apologized for the deaths and injuries the faulty airbags have caused.

    Takata Corp has said that in addition to adding production capacity to meet demand, it is working with customers and other airbag producers to produce more replacement units and was also dramatically increasing testing and analysis of inflators.
    avatar
    StopLoss


    Posts : 101
    Join date : 2014-10-05

    Lanka Harness gets airbag recall replacement order Empty Re: Lanka Harness gets airbag recall replacement order

    Post by StopLoss Thu Jul 02, 2015 5:25 pm

    Thanks for posting, Backstage. An inspiring story of perseverance! cheers

    http://www.sundaytimes.lk/071216/Plus/plus00011.html
    Leon
    Leon
    Top contributor
    Top contributor


    Posts : 1264
    Join date : 2014-03-11

    Lanka Harness gets airbag recall replacement order Empty Re: Lanka Harness gets airbag recall replacement order

    Post by Leon Fri Jul 03, 2015 8:31 am

    Yea very inspirational story behind of this gentleman. Never give up kind person.
    avatar
    Lalinda


    Posts : 69
    Join date : 2015-02-16

    Lanka Harness gets airbag recall replacement order Empty Re: Lanka Harness gets airbag recall replacement order

    Post by Lalinda Fri Jul 03, 2015 8:41 am

    Thanks Back for sharing ☺

    Sponsored content


    Lanka Harness gets airbag recall replacement order Empty Re: Lanka Harness gets airbag recall replacement order

    Post by Sponsored content


      Current date/time is Sat Nov 16, 2024 10:35 am