STRENGTH AND OPPORTUNITIES

Turkish Foundry Industry has invested over 1 billion US $ in the last 10 years for plants and equipment with up to date technology to achieve an installed capacity of 1.300.000 tons. Most of these plants are distributed suitably throughout Turkey to serve the various domestic and international customers. Turkey being at a reasonably short distance to Central Europe, deliveries can be made in max 5 days by truck and 10 days by sea route.

One main advantage of Turkey, is the presence of surplus young and educated workforce, with English language knowledge and computer literacy and most important who are willing to work in foundries.

As nearly all of the EU-Ecology and environmental laws are now in force in Turkey, all foundries are heavily investing in environmental protection machinery to fit in the new regulations.

Turkish casting production is expected to grow by 7-8% per year in the coming 5 year term. The main growth will be in engineered machinery components and high pressure die castings.

New trends and progress in the Turkish foundry industry is on compacted graphite iron, ductile aluminium, high value added products, concept to product design, prototyping and testing, complete assemblies with machining, with various patent applications.

It is well realized by the Turkish foundrymen that, by combining low production costs with higher quality, improved productivity and newer technology, the sector would have considerable advantages in competing globally.