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