कोशिश गोल्ड - मुक्त
Shield Restraint Systems unveils state-of-the-art manufacturing facility in Sri Lanka
Daily Mirror - Sri Lanka
|January 07, 2026
US $ 8.5MN INVESTMENT CREATES 500 JOBS AND GENERATES US $ 50MN ANNUAL REVENUE
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Shield Restraint Systems (Pvt.) Ltd officially opened its cutting-edge manufacturing facility at the Export Processing Zone, Wathupitiwala, Nittambuwa, marking a significant milestone in Sri Lanka’s industrial development and foreign investment landscape.
The event was attended by senior executives from the United States, including Kevin McHenry, Executive Vice President of TransDigm Inc. and Dennis Pursel, President of Shield Restraint Systems, along with Shield’s executive team. Their presence demonstrated the company's commitment to expanding manufacturing operations and international partnerships.
Key Sri Lankan officials were also present, including BOI Chairman Arjuna Herath, Director General Renuka Weerakone and other BOI executives. Representatives from the U.S. Department of Commerce and U.S. Embassy in Sri Lanka attended as well, emphasising the strong economic relationship between the two countries.
Shield Restraint Systems, a subsidiary of TransDigm Group Inc., specialises in ground-based restraint systems for non-aviation markets. TransDigm Group is a US $ 8.6 billion aviation and defence pioneer, has maintained a strong presence in Sri Lanka for more than two decades through its subsidiary AmSafe Bridport (Pvt.) Ltd, operating within the Wathupitiwala Export Processing Zone.
यह कहानी Daily Mirror - Sri Lanka के January 07, 2026 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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