Freudenberg Sealing Technologies Opens Plant in Turkey
The Freudenberg Business Group Freudenberg Sealing Technologies, one of the world's leading seal manufacturers, has invested about EUR10 million in a new plant in Bursa, Turkey. The plant is located in the Hoyab industrial estate and has an area of about 14,000 square meters. It will supply products to a wide variety of industries including the automotive, agricultural, energy and engineering sectors.
"This step will allow us to engage in even closer partnership with a large number of automakers with production plants in the area and other industrial companies. In addition, we will be establishing a firm position in a strategically promising market," said Dr. Mohsen Sohi, CEO of the Freudenberg Group.
The Turkish automobile industry is a key market for the Freudenberg Group. According to official figures, production grew by 16 % and exports by 12 % in 2015 compared with the previous year. Bursa accounts for two thirds of the about 800,000 vehicles produced in Turkey each year. Freudenberg Sealing Technologies also sees growth in target markets such as the energy, mining, metal-processing, machinery and construction industries. "Turkey is a geographically important interface between East and West and is therefore interesting for the development of our business with the Middle East," says Claus Möhlenkamp, CEO of Freudenberg Sealing Technologies. "With this investment in Bursa, we have created one of the most advanced plants in our global production network and almost doubled our local capacity," he adds. The facility meets the latest safety and environmental protection requirements and is also equipped with special earthquake protection measures.
In 2004, Freudenberg Sealing Technologies commissioned a smaller plant producing precision seals for the bearing industry in Bursa. This plant has now been integrated into the new facility. About 220 employees produce a range of products here, including encoders, bearing seals, radial shaft seal rings and cassette seals that are used in engines and transmissions.
Freudenberg Sealing Technologies GmbH & Co. KG
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