METYX Composites (Istanbul, Turkey) announced on Dec. 14 that it is building a new 12,500m2/134,550-ft2 factory in Manisa, Turkey. Although the group’s headquarters remains in Istanbul, the new facility will drive the company’s aggressive plans for growth over the next five years. The site will also allow for future expansion, as part of a long-term plan.
The new manufacturing center is located 20 km/12.4 miles from the city of Izmir in the Manisa Organized Industrial Zone, reportedly one of the top 10 industrial zones for investment in the world. METYX Composites, a division of Telateks A.S., invested €4.5 million in facilities and infrastructure at the new plant. The Manisa facility will also be at the core of a progressive, five-year investment of €8.5 million in high-end machinery. Ugur Ustunel, VP New Business, METYX Composites, notes that, “the new factory will be one of the largest industrial investments in Manisa in the past five years."
“We are investing in the region with the most potential for growth,” explained Ustunel. “Manisa is located in the Aegean region, which accounts for about 80 percent of the country’s wind energy potential. We believe that this investment creates a greater logistical advantage for our wind energy customers. The location has an extraordinary geographical position between Europe and Asia and is in close proximity to the Middle East, the Balkans, and North Africa. Moreover, the zone provides access to major ports, proximity to our suppliers, and has a generally favorable business climate, which will benefit all our customers across industries,” Ustunel continues.
Construction of the new factory began in mid-2011 and is expected to be completed in January 2012, with auxiliary buildings to be completed in fourth quarter 2012. The facility will begin operations in January 2012 with the launch of METYX Composites Tooling Business Unit. METYX Composites new, state-of-the-art Tooling Center, which the company announced in September 2011, will be one part of this forward-thinking business unit. The Tooling Center will incorporate a 5-Axis CNC machine for large scale plug and mold production and will serve all METYX Composites customers worldwide as a value added service.
METYX Composites plans to ramp up production at the new manufacturing center in phases with the start of the new year, offering a new generation of composites products and services for its customers. “This investment underscores our long-term commitment to the composites industry,” says Ustunel.