| In recent years multiple Eastern European, | | | | facilities to compete with the newly emerging |
| East Asian and Latin American countries have | | | | markets. For this reason, multiple forging |
| diversified their economies by planting new | | | | shops of all sizes thrive in Turkey. |
| forging facilities within their borders. Low | | | | |
| labor costs and increasingly friendly | | | | Another unique quality of the Turkish forging |
| international trade relations have resulted | | | | industry is its workforce. Turkey's youth is |
| in fierce competition for the traditional | | | | highly educated, creating a large supply of |
| forging centers in Western Europe and the | | | | new Engineers to staff the local forging |
| United States. Despite the lower prices | | | | facilities. Additionally, since Turkish |
| offered, emerging forging markets lack one | | | | forging companies have existed for nearly 50 |
| vital asset, experience. | | | | years, there are numerous individuals willing |
| | | | to contribute a lifetime of experience. |
| A problem for purchasing managers now exists | | | | |
| when high-quality end-products are demanded | | | | Along with Turkey's goal to join the European |
| or strict delivery schedules must be adhered | | | | Union comes the necessity for rapid |
| to. Due to pricing gaps, the abundance of | | | | investments in technological upgrades across |
| low-cost forging shops led to the closures of | | | | the manufacturing sector. Turkish companies |
| experienced forging shops at staggering | | | | are currently experiencing a golden era of |
| rates. | | | | upgrades and refurbishments. This allows |
| | | | Turkey-based forging facilities to offer |
| The demand for high-quality forged products | | | | clients the best services through |
| and the necessity to fulfill inflexible | | | | continuously reaching and exceeding the |
| delivery schedules still exists. Firms not | | | | standards required by the most regulated |
| willing to sacrifice quality and logistical | | | | companies in both the EU and the United |
| matters now have fewer options. Purchasing | | | | States. |
| managers must now look for experienced | | | | |
| forging shops with production costs | | | | Turkey's location also offers a strategic |
| comparable to those of emerging markets. | | | | geopolitical advantage. Turkey is in the |
| | | | close proximity of Europe, Asia and the |
| Turkey is a unique find in the forging arena. | | | | Middle East, allowing for reductions in |
| Its first private forging facility, | | | | shipping costs and times. Additionally, |
| Çelik Sanayi, was founded in 1959. Many | | | | Turkey enjoys the benefits of multiple trade |
| other forging shops were founded thereafter, | | | | agreements between the EU and the United |
| allowing Turkey to become a top subcontractor | | | | States. For example, the United States has |
| for forgings throughout modern history. The | | | | ratified an agreement allowing for no taxes |
| nation's forging sector's long history places | | | | on imported steel products from Turkey. |
| it in a position that rivals Western Europe | | | | Turkish forging facilities offer the best of |
| and the United States. Furthermore, the low | | | | both worlds, low prices and superior quality. |
| cost of production allows its forging | | | | |