4/28/2010

Gedik Holding to invest USD 250 million in Sakarya

 

Dunya - Special Issue - Gedik Holding, one of Turkey’s leading players in the casting and valve sector, will invest USD 250 million in a casting plant in Sakarya’s Hendek district.

 

Mehmet Uzer, General Manager of Gedik Dokum ve Vana, said they are currently building a plant in Hendek’s 2nd Organized Industrial Zone in order to increase their production capacity, and added that the total investment is worth around USD 250 million. Uzer stated that the project was initiated in 2008 and will employ more than 2,000 people once it is completed. Gedik Holding exports to more than 70 countries worldwide.

Sakarya; Hendek; Gedik Holding; casting; valve; steel industry; OIZ

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