Turkey’s Largest Steel Forging Company, Yapı-Tek Steel, Expands to Structural Steel Fabrication with Three Sizeable New Facilities

Turkey-based Yapı-Tek Steel’s Three New Facilities Will Contribute Significantly to the Country’s Steel Sector. The Company Has Expanded Its Operations to Meet Demand for Structural Steel Fabrication Services from the Construction, Mining, Energy and Machinery Manufacturing Industries.

Derince, Turkey, August 31, 2009 --(PR.com)-- Yapı-Tek Steel, a quality provider of steel forgings since 1959, announced today its expansion into an entirely new line of production services – structural steel fabrication. The development required considerable investment in new machinery, staff and facilities. In addition to a 3,200 square meter enlargement of enclosed production space at its headquarters in Kocaeli, the company also established a 6,000 square meter plant in Bursa and a 1,000 square meter plant in Ankara, both focusing exclusively on structural steel fabrication.

Yapı-Tek Steel strategic decision to enter into structural steel fabrication is based on sound economic indicators. Prior to the global economic crisis, there was a growing demand for Turkish structural steel year-to-year, from both the domestic and foreign markets. Experts agree that as the recession eases, the successful completion of new construction projects in the Middle East, Europe and North Africa will be heavily reliant on Turkish steel supplies. These markets either have no local steel manufacturing facilities, or simply cannot compete with Turkish prices.

“This was the right time to create a structural steel fabrication division within Yapı-Tek Steel,” explains Günay Köse, President of Yapı-Tek Steel. “Our company enjoys a great reputation in the global steel industry thanks to its history as the first and largest forging facility in Turkey. We will leverage this reputation to gain a customer base in the structural steel fabrication sector during the rebound from the current economic recession.”

Yapı-Tek Steel has already secured large-scale structural steel projects, despite being new to the area. Yapı-Tek Steel has confirmed orders for structural steel for international airport terminals, a marina, mines, hydroelectric power plants, a factory building and bridges up to this point.

According to world trade figures, Turkey is the eleventh (11th) largest supplier of steel worldwide, and the third (3rd) largest in Europe.

About Yapı-Tek Çelik Sanayi:

Turkey-based Yapı-Tek Çelik Sanayi A.S. (Yapı-Tek Steel) is a manufacturer of custom structural steel fabrications, and hot forged steel products. Established in 1959, Yapı-Tek Steel was the first privately-held steel forging factory in Turkey. Prior to its 2005 acquisition by the Yapı-Tek Group, the company operated under the name Çelik Sanayi. The acquisition of Çelik Sanayi strengthened the facility's position through multiple technological and staffing upgrades. With over 20,000 tons of annual capacity, Yapı-Tek Steel boasts the largest capacity of any forging facility in Turkey. As of 2009, Yapı-Tek Steel also offers structural steel fabrication services. Operating as an independent business unit, all structural steel fabrication production lines were added after the acquisition. Yapı-Tek Steel is an ISO 9001:2000 certified organization. ISO/TS 16949 certification is in process.

Contact:

For Additional Information and/or High-Resolution Photos:

Matthew J. Steffen
+90 (0) 262 239 3484
Press@CelikSanayi.com
English, Spanish

Tuna Güldal
+90 (0) 262 239 3484
Tuna.Guldal@CelikSanayi.com
Turkish, German, English

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Yapi-Tek Steel
Matthew Steffen
00 90 262 239 4384
www.celiksanayi.com
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