Japanese giant to invest 500 million USD for tyre manufacuring in Turkey

Istanbul, 24 September 2012 – Sumitomo Rubber, the giant Japanese tyre manufacturer, has announced plans to invest 500 million USD in a new factory in Cankiri in the Central Anatolian area of Turkey. The new factory, being built in partnership with Abdulkadir Ozcan AS, is expected to export 90 percent of its production to the MENA region as well as Russia. Source: Invest in Turkey

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