25 Aug 2022 - {{hitsCtrl.values.hits}}
Rex Industries, a leading mechanical design and engineering solutions company in the country, has been able to double its capacity and increase the overall revenue by three times while introducing novel machinery to Sri Lanka’s agriculture sector through the Agriculture Sector Modernisation Project (ASMP) matching grant scheme.
Under the grant scheme, where Rex Industries was able to manufacture a variety of machinery, which catered to a number of agricultural sectors such as coconut, spices, rice and organic fertiliser.
Specially in the coconut sector, with the introduction of the coconut dehusking, deshelling machines and crushers, the efficiency of the primary processing was increased while the cold press oil expellers and filters were able to fulfil the requirements of the growing virgin coconut oil demand in the global market.
The company also manufactured new machinery to improve the efficiency in cinnamon, pepper and spice value chains through the introduction of a grinding machine, which preserves the compounds in the powdered products.
Further, the ASMP matching grant scheme enabled Rex Industries to purchase a CNC milling machine known as 5 Axis Vertical Machining Centre, Lacer Cutting Machine and Injection Moulding machine for an efficient and effective machinery production.
Specially with the New Computer Numerical Control (CNC) section of the factory, Rex Industries was able to automate the control of machines through an attached microcomputer with an embedded software. Thus, with the introduction of all the new machinery, Rex Industries has been able to provide novel engineered solutions for the local and global agriculture sector. The company is currently exporting machinery to South Africa, India and the Philippines. The company is currently exploring the possibilities for partnering with technical institutes for conducting joint research to further develop new innovative machinery in the agriculture sector. Rex Industries employees over 65 permeant staff and10 new job opportunities were created through the project.
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