Turkish Machinery to Expand in US Machinery Market

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Participation at MDA in conjunction with IMTS 2014

Turkish Machinery to Expand in US Machinery Market
Turkish Machinery to Expand in US Machinery Market

Turkish Machinery is announcing its participation at MDA in conjunction with IMTS 2014, the International Manufacturing and Technology Trade Fair being held in Chicago, Illinois, from 8 to 13 September 2014, at McCormick place. This event marks a renewed interest in Turkish Machinery given their recent expansion and marked growth in Europe, particularly, throughout Germany and the Netherlands. Since Turkish Machinery is on its way to strengthening its position in the manufacturing industry in Europe, as well as in many developing countries, it now plans to foster a greater partnership with the US machinery and machine tool industry. Exhibiting for the first time at IMTS (MDA), will be The Turkish Machinery at Booth E-5072.

Adnan Dalgakıran, President of the Board at Turkish Machinery said "with rapid development, Turkish Machinery sector is increasing its export share in the Turkish economy and exports. Turkey's machinery exports, which were USD 3.0 billion in 2003, have reached USD 14 billion in 2013. The ratio of exports to imports in the machinery sector has gone up from 29% to 45% in the last 10 years." According to Dalgakıran, "Turkey currently exports into more than 200 countries and is already expanding into Latin America. Significant cooperation opportunities exist for both the US and Turkey at this time." By participating in this international trade event as well as targeted advertising, "Turkish Machinery aims to expand awareness about the quality as well as the recent technological developments in their machinery sector and the benefits of a strategic joint US ­- Turkey partnership." The Turkish machinery industry is growing exponentially due much in part to a very strong partnership already existing with Germany and the Netherlands. Dalgakıran, ''Given the success in the German market and the knowledge gained from this relationship, Turkey is now poised to enter the US market and ready to build an equally profitable partnership.'' Given their rapid growth, enormous potential now exists for the US market in terms of shared technology and joint projects in research and development, increased marketing opportunities, brand purchases, as well as shared technical training and expertise. Dalgakiran went on further to state that, "with an improved mutual understanding and awareness, economic and commercial opportunities abound for both countries.

Posted on August 22, 2014 - (123 views)
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