The foundation of Borusan Mannesmann's rock gas drill pipe production plant in Texas, USA was laid with a ceremony held in Houston. Speaking at the ceremony attended by the Minister of Economy, Zafer Çağlayan, Texas Senators and Texas Governorate officials, Borusan Holding Chairman Ahmet Kocabıyık said that the investment that will start operating in 2015 is a turning point for Borusan and the Turkish steel industry. Noting that the factory to be established in Baytown, Houston, Texas, USA will create employment for 250 people, Texas Governor Rick Perry announced that the Texas Enterprise Fund (TEF) supports this investment with $ 1.6 million.
April 3, 2013; Borusan Mannesmann, one of the leading producers of Europe in the steel pipe sector, chose Houston, Texas as the location for the steel pipe production plant, which is planned to start production in 2015. The groundbreaking ceremony of donate car charity to houston the facility was held in Houston with the participation of Economy Minister Zafer Çağlayan and accompanying delegation of Turkish businessmen, Texas Senators and Texas Governorate officials.
The plant of Borusan Mannesmann, which is planned to start production at the beginning of 2015, was designed to produce thick walled and high-strength pipes suitable for the latest and advanced drilling technology used in the USA, especially in the recent years. Texas, which has the highest global demand, was chosen as the investment area. The facility will be built on approximately 500 decares of land with an investment of 150 million dollars and will provide employment for 250 people when it reaches full capacity.
Economy Minister Zafer Çağlayan, who attended the ceremony, said:
"Changing leagues with Borusan this investment. Steel industry doing and investment bleaching Turkey's face. Turkey is not the old Turkey, the investor is not a country upset because she invested abroad. You name it, Turkey's flag to strut the world's leading economy. Customer the world established a to descend to the distance between the product zero. Borusan has seen this fact. Borusan Mannesmann will create employment where 250 people. 40-50 years ago Germany to send workers is creating jobs in the country as it will go Turkey now. we pride ourselves on. "
Pointing out that Borusan Mannesmann is the first Turkish company to invest in the iron and steel industry in the USA, Borusan Holding Chairman Ahmet Kocabıyık expressed his views on the investment as follows:
"All of our exports 40 per cent for the United States to place ourselves positioning as a local manufacturer in this country bore strategic importance to us. This is our investment in the historic US-Turkey think that meant the beginning of a new era in economic relations and the signing of the free trade agreement between the two friendly countries to I hope the open road. these investments, we received great support from the Texas Governor's Office in the planning process lasting more than a year and have seen their confidence in us. we will create jobs as we did in Turkey, we will produce quality, we pay our taxes and we contribute to society. an important value to the Texas community we will constitute. "