Muhtar Kent's New Coke

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Kent, photographed in his office at Coke's Atlanta headquarters on April 20. Photo: Ben Baker, Fortune
By Patricia Sellers - FORTUNE -
Muhtar Kent, the son of a Turkish diplomat, grew up in Thailand, India, and Iran, and he runs a company that operates in more than 200 countries. So it is rare for him to visit a place he's never been before. Yet as we travel by van out of Shenyang, a bustling metropolis of 7 million people, the Coca-Cola CEO quickly finds himself in uncharted territory: an increasingly desolate expanse of land in China's northeast, the nation's former rust belt. Then, eight kilometers from our destination, we are greeted by a ribbon of red banners -- 1,520 of them -- leading the way to a new bottling plant, Coke's 42nd in China and its largest to date. Hundreds of workers, all in bright red hats, cheer his arrival. "China will be Coke's largest market," Kent says. "I can't give you a time. But it will happen."

Fairfax County Board of Supervisors chairman heads to Turkey for Cultural Exchange

Image Fairfax County Board of Supervisors Chairman Sharon S. Bulova (D) packed her bags late Friday for a 10-day trip to Turkey to explore possible economic exchanges and to strengthen cultural ties with Northern Virginia’s small population of Turkish immigrants.

Leonardo International Award to Mustafa Koc

Image The Turkish entrepreneur Mustafa V. Koç, who plays a leading role in Turkey's finance and industry and is a strategic partner of the most important Italian industries active in Turkey, has won the Leonardo International 2012 Award. This prize is awarded each year by the Leonardo Committee to foreign businessmen that have contributed strengthening economic and commercial ties between Italy and their country of origin.

May 6: Annual Turkish-American Parade

Image PATERSON, NJ – After a one-year absence, the Turkish-American parade returns to Paterson this weekend. The event will begin at noon on Sunday at the corner of Madison Avenue and Main Street. It will then proceed down Main Street into Clifton, where a festival will be held at Clifton Park.

Owned by Turkish Couple, First Commercial Space Flight Project by NASA

Image Sierra Nevada Corporation (SNC), owned by Turkish couple Fatih and Eren Özmen, was among four companies chosen for a commercial space flight project by NASA. SNC will be competing against Boeing, Blue Origin, and SpaceX to produce a space shuttle. Last year, the company received $100 million for the project, and according to news portal, www.turkavenue.com, the couple behind SNC have named their shuttle “Dream Chaser.”

Turkish Angel Investor Aydin Senkut Invests $1.26M to Alt12 Apps

Image San Francisco, CA – Alt12 Apps, one of the leading publishers of social health apps, announced today the launch of Kidfolio, a social network and digital scrapbook for parents. In addition to Kidfolio, Alt12 Apps closed its seed round of funding of $1.26M. The round was led by Aydin Senkut’s Felicis Ventures, with participation from InterWest Partners and other individual angels, including HealthTap founder Ron Gutman. This funding will help Alt12 Apps make Kidfolio the best social network for parents and expand the company’s growing social health platform.

Daron Acemoglu Wins Nemmers Prize

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Photo: Allegra Boverman
MIT economist granted award for ‘fundamental contributions’ on economics, politics and growth. MIT economist Daron Acemoglu has been named as the recipient of the 2012 Erwin Plein Nemmers Prize in Economics, a major prize in the field. The announcement was made this week by Northwestern University, which confers Nemmers prizes in economics, mathematics and musical composition. The awards are given “in recognition of major contributions to new knowledge or the development of significant new modes of analysis,” according to Northwestern; the economics prize in granted biennually.

Chobani Takes 2012 SBA Entrepreneurship Award

Image Chobani has come a long way since the days of one buyer, five employees and the remains of a shuttered yogurt plant in New York. The Small Business Administration on Tuesday announced that the enormously popular Greek yogurt maker will take home its national Entrepreneurial Success of the Year Award for 2012. Now the top yogurt seller in the country, Chobani was recognized for its dramatic growth in sales and employees as well as its charitable contributions to its surrounding communities.
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