German automotive parts producer ElringKlinger to invest in new plant in Bursa

It is reported that Germany-based original auto parts manufacturer ElringKlinger commissioned its new plant in the Bursa province of Turkey on November 18. As a global development partner and serial supplier for the automotive industry, ElringKlinger has been working in Turkey for nearly a decade. Located on a 22,400 square-meter area, which includes 9,000 square-meters of indoor space, the new plant will provide employment for more than 200 people.

During his speech to mark the plant’s inauguration, ISPAT President Arda Ermut extended his gratitude to ElringKlinger for the company’s new investment. He noted that such investments will continue in Turkey, as structural reforms have gone uninterrupted over the past 14 years under the leadership of President Recep Tayyip Erdoğan. Acknowledging that there are more than 6,600 companies operating in Turkey with German capital, Ermut underlined the role of ISPAT as a business facilitator between public and private bodies.

According to ElringKlinger Turkey General Manager Yavuz Günaydın, the company employs some 8,200 people worldwide and operates 45 plants across 21 countries. Stating that their three-year plan includes adding a 7,000-square-meter indoor area to the new facility, Günaydın underscored the importance of Turkey for ElringKlinger’s global financial growth.

ElringKlinger started its Turkey operations in 2009, and relocated its Spain production facility to Turkey in 2012. The German manufacturer partners with Ford, Renault, and Peugeot worldwide, and with Ford Otosan, Tofaş, Hyundai Assan, and Oyak Renault in Turkey.

SOURCE: ISPAT TURKEY