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Turkish Airlines Signed An Agreement with American Express

Turkish Airlines signed a significant deal with American Express Global Business Travel (Amex GBT), one of the world's leading agencies for corporate travel. With this agreement, signed by Turkish Airlines Chairman of the Board and the Executive Committee, M. İlker Aycı, and Amex GBT’s Board Chairman, Greg O’Hara, within today, Turkish Airlines expands its existing collaboration with AMEX to a global partnership, which was on regional scale between 2014-2017 and including just Europe, North America and Asia / Pacific regions. The global carrier who has added the "South America" region to the new joint service area with Amex GBT, will also become one of the airlines supported by Amex GBT at the top level, within the scope of this expanded agreement.

American Varroc Lighting Acquires Turkish Automotive Firm

Exterior vehicle lighting specialist U.S.-based Varroc Lighting Sytems has acquired Istanbul-based Sa-ba Automotive, a statement confirmed Monday. "Through Sa-ba Automotive, Varroc Lighting gains valuable manufacturing and production capacity with a 10,000-square-meter manufacturing and technology center near Istanbul, and a new plant under construction in Dimitrovgrad, Bulgaria," the statement said. The terms and conditions of the acquisition, however, were not disclosed. It also noted that the 20,000-square-meter Bulgaria plant will give Varroc Lighting expanded and scalable production capacity for its European customers.

Sierra Nevada Corporation Shows Off its Military Modified Aircraft that Are Ready for Missions

A local company is taking old aircraft and giving them a Rocket City upgrade on the cutting edge. The Sierra Nevada Corporation is giving an inside look of what it's been working on and how it will help with military missions. SNC moved to the Huntsville Executive Airport about a year and half ago. They've been very busy modifying aircraft that are bought through a government program.

Borusan Mannesmann's Baytown Employees Send Trump 4,500 Postcards Asking for Tariff Exemption

Workers and family members of workers at a Texas steel pipe manufacturer have sent the White House more than 4,500 postcards urging President Trump to grant the company an exemption to his recent steel and aluminum tariffs. Employees and their families at Borusan Mannesmann's Baytown plant urged the Trump administration to support a tariff exemption for the Turkish company, which imports steel tubing and casing for its finished products from its parent company in Turkey.

Chobani Exploring 'Significant' Expansion of Upstate NY Yogurt Plant

South Edmeston, N.Y. -- Chobani is considering building a significant expansion of its yogurt plant in South Edmeston, according to sou rces familiar with the matter.The sources said the expansion is being actively explored and would enable the company to expand products manufactured in the facility. Chobani's yogurt plant on County Route 25 near the Unadilla River employs approximately 1,000 people. The expansion the company is considering could result in the creation of a significant number of additional jobs, the sources said.

Turkey’s First F-35A Lightning II Stealth Aircraft Makes Maiden Flight

On May 10, 2018, the first F-35A destined to the Turkish Air Force performed its maiden flight  at Lockheed Martin Ft. Worth facility, Texas. Piloted by US Navy test pilot Cmdr. Tony Wilson, the aircraft (serial 18-0001) took off at 14.47LT and landed at 16.00LT. The photo in this post was taken by Highbrass Photography’s Clinton White during Tukey’s F-35’s (designation AT-1) first sortie.Turkey should be officially delivered the first of 100 F-35As on order, on Jun. 21, in the U.S.

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MTS Logistics Bike Tour Benefit to Autism Charity

NEW YORK, NY, May 7, 2018 – MTS Logistics, an award-winning New York-based freight forwarder with a global client base, today announced their 8th Annual Bike Tour with MTS for Autism, to be held on Saturday, June 9th, 2018. Building on the success of last year’s bike event, MTS Logistics also announced that they had already raised over $21,500 from a variety of sponsors, far exceeding last year’s donations.

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MTS Logistics Named Top 10 Shipper by the Port of New Orleans

NEW YORK, NY, APRIL 10, 2018 – MTS Logistics, a New York-based shipping and logistics company, today was named a Top 10 Shipper by the Port of New Orleans, the United States’ fourth-largest port by cargo volume. The Port of New Orleans held an awards ceremony to honor the Port’s top ten shippers and ocean carriers for their support over the years, as these companies helped lead the Port’s rise to the fourth-largest slot among U.S. shipping ports.

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Hamdi Ulakaya Backed La Colombe considers selling a stake in the Philly-based coffee company

La Colombe, the premium coffee brand backed by billionaire yogurt mogul Hamdi Ulukaya, has hired Moelis & Co. to explore fundraising options, including the sale of a stake in the company.
The company is seeking a valuation north of $1 billion and is open to selling a minority or majority stake, according to a person familiar with the matter. La Colombe may also decide to take on outside investors in a bid to fuel growth, said the person, who asked not to be identified because the deliberations are private.

Comodo CA Reports Record Growth

Digital certificate provider Comodo CA has reported record growth from its channel program. Revenue was up 45% year-on-year. At the same time it became the first Certificate Authority to issue 100 million certificates. The news will please Francisco Partners who invested heavily in Comodo CA in November last year.

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