LANKATILES has embarked on a strategic partnership to seize emerging opportunities in high demand for mosaic tiles in US markets on account of recent trade barriers on China’s exports to the US.
LANKATILES, announced that it will be entering the globally competitive mosaic tiles segment. LANKATILES will collaborate with a Chinese mosaic tile manufacturer – Foshan Shiwan Yulong Ceramic Co. Ltd to obtain the technical know-how and subsequently manufacture the tiles in LANKATILES factories in Sri Lanka in yet another pioneering move. LANKATILES is foraying into manufacturing mosaic tiles for exports to the international markets and North
America in particular, which has high demand for mosaic tiles. This collaboration also involves North American counterpart – Benjamin Malloy as it would be the key market for this product.
Managing Director of Lanka Walltiles Group, Mahendra Jayasekera said: “LANKATILES has been on an aggressive expansion drive over the past few years. Our entry in the mosaic tile category has led us to collaborate with a Chinese mosaic tile manufacturer to gain the necessary expertise to manufacture mosaic tiles in Sri Lanka and to export to North America and other countries. This is an ambitious move by LANKATILES to yet again break new ground by pioneering value added mosaic tile manufacturing in Sri Lanka.
This new manufacturing capacity will not only generate valuable employment opportunities but will also add a new dimension to the company’s reputation as a world-class tile manufacturer and fill product gaps in the market.
Our agility and willingness to innovate has consistently helped the company reap rewards by way of deepening our footprint in global markets, where LANKATILES is already a respected brand. We foresee immense export opportunity for mosaic tiles to North America and other countries and believe this collaboration will truly help the company unlock its potential.”
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