In an exclusive interview with ETMM, the chairman of UKUB, the association of Turkey’s tool manufacturers, said the country’s mould making industry will grow by 15% this year and sales will exceed $800 million. Chairman Samil Ozogul also noted that half of mould sales in 2011 were earned through exports.

Samil Ozogul said the main opportunities for mould makers in Turkey today are as followings. First, Turkey represents a resourceful new market with better conditions than elsewhere. Second, it provides a niche for start-up companies wishing to manufacture tools that they are importing at the moment. Third, lower manufacturing costs in Turkey present a unique opportunity for foreign toolmakers to move their production facilities to Turkey or form joint ventures with Turkish toolmakers to supply the global market. In addition, R&D laboratories and tooling design studios are available on a contract basis. Generally, Turkey is a well-advanced regional industrial power which exports a wide range of products to the EU.

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