10/1/2010

CRH breaks ground in Turkey for its largest-ever foreign investment

Dunya - The C. Rob. Hammerstein (CRH) Group, a globally renowned German company in the automotive industry with its car seat systems, has started work on its production facility in Kocaeli, Turkey. Being the largest-ever investment in the history of the 161-year-old company, the EUR 43 million facility will be operational by 2012, and employ 350 people.

Robert Houston, CEO and Managing Director of CRH, said that the facility will initially produce parts for Ford Otosan and Ford Europe and that they have plans to produce car seats for Turkey’s entire automotive industry. Participating in the groundbreaking ceremony, the Investment Support and Promotion Agency of Turkey (ISPAT) President Dr. Huseyin Aslan, said CRH’s leadership in its field has contributed to the significance of the investment in Turkey and stressed ISPAT’s assistance in all stages of CRH’s project.
turkey; automotive industry; ispat; huseyin aslan; automotive investment; crh; crh group; kocaeli; ford otosan; robert houston