Financial Times - Orit opens new wing

Orit opens new wing

Orit Apparels Lanka (Pvt) Ltd recently opened its new wing at an investment of US$5.5 million under the patronage of Investment Promotion Minister Rohitha Bogollagama.

The new building

The company set up in 1997 in Embilipitiya with 250 workers together with its sister company, Laggala Apparel (Pvt) Ltd., has now extended its horizon to include Marawila. Orit manufactures high quality stretch jeans for the US market and is ranked as being the No. 1 supplier of denim jeans. The company has generated 3500 employment opportunities so far. The export volume is valued at US$ 40 million per annum and targeting US$50 million in 2007.

The company said its business partner Gloria Vanderbilt is the second largest brand name in the US market for stretch jeans. The high quality jeans are exclusively supplied to the US market under the Gloria Vanderbilt brand name. Orit has been ranked among the top 10 apparel exporters in Sri Lanka.

Channa Palansuriya addressing the gathering

The Board of Directors consists of Dr. Henri Naegeli, Channa Palansuriya, CEO/Managing Director and Arunashantha Herath, Finance Director. The Seethawaka Plant is a Centralised Facilities Unit formed in 2001 drawing personnel and equipment from both Orit Apparels Naula and Embilipitiya with a view to servicing both manufacturing plants and other outside factories.

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