Mr.Prasan Fernando representing the 4th Generation of the family owned business takes over as Chairman as Mr.Priath Fernando retires after 42 years of service.
UTE introduced Cat Solar PV Solutions, the first Solar panel in Sri Lanka to use Cadmium Telluride Technology
UTE introduced the USA originated FS Curtis Air Compressor brand to Sri Lanka
After the end of Civil War Sri Lanka is experiencing a rapid economic growth. The Construction sector is driving the development effort and UTE is at the forefront of this journey.
UTE’s Journey Continues as the provider of the best engineering products and services and completes its Diamond Jubilee with the launch of a new corporate brand image. The corporate crest launch was attended by many of Colombo’s leading business figures.
Cat has patented its new (Advanced Combustion Emissions Reduction Technology) ACERT™ design for more efficient and environmentally friendly equipment, surpassing all benchmarks.
UTE becomes one of the first Dealers in the region to sell an ACERT™ Engine.
UTE is the only company in Sri Lanka to have a fully qualified 6 Sigma Master Black Belt.
UTE was chosen as the only Business Superbrand in the General Machinery category.
Introduction of 6 Sigma as a core management philosophy at UTE
The country plunges into unforeseen darkness due to electricity board employees going on strike. UTE sets a new record in its history in Asia by selling a record number of generators in a calendar year. Some employees worked for days without sleep to ensure that their existing customers had generators in working order.
UTE introduced the major brand of cutting and welding products Cigweld to Sri Lanka
The next generation takes over as Mr.Pin Fernando passes away; his son Mr.Priath Fernando moves to the top.
A Golden era for UTE as more and more machines were supplied for mega projects including the Mahaveli project. The monopoly is over for Caterpillar as increased demand attracts new competitors.
UTE regained the Cat dealership as import restrictions were eased subsequent to the 1977 market liberalization
UTE suffered due to import restrictions. However UTE proves it’s tenacity by entering into a simple agreement with the Tractor Corporation and Caterpillar to continue serving existing CAT® equipment users and selling other types of equipment.
Founding Chairman Mr. W.D.Fernando passed away, his son Mr. Pin Fernando becomes the Chairman.
UTE introduced the UK-based Racking and Shelving brand Dexion to Sri Lanka
A new company was born whose main purpose was handling the Sales and After Sales Service of the Caterpillar Tractor Company in Ceylon. The name of this new company was UNITED TRACTOR & EQUIPMENT LIMITED. They were the first Ceylonese company to import heavy construction machinery