Turkish Textile Executives to Visit US Cotton Belt
Eleven textile industry leaders from Turkey will tour the U.S. Cotton Belt on May 7-17 as part of a COTTON USA Special Trade Mission. The event, sponsored by the National Cotton Council’s (NCC) export promotions arm, Cotton Council International (CCI), is designed to build trading ties between the U.S. cotton industry and textile industry leaders from key Turkish mills.“These textile executives will view the advanced state of the U.S. industry and have the opportunity to meet with U.S. cotton exporters and other industry leaders,” said CCI President John D. Mitchell, a Cordova, TN, merchant. “This is an important opportunity for U.S. cotton because the individual mills on the tour consume a total of more than 570,000 bales, with U.S. imports of about 345,000 bales.
- Published in How to Invest in the U.S.
- Written by Admin TOA
The Taxi Of Tomorrow might be built in Brooklyn! Karsan, the Turkish manufacturer in the running to build New York's next generation of taxicabs, is now upping the ante (and changed its tune) by pledging to manufacture the wheelchair-accessible vehicles in the South Brooklyn Marine Terminal. The new pledge makes the Karsan cab the only one of the three finalists which would be built in America (it had previously said it would build them in Turkey).
An official from Turkish Foreign Ministry said on Wednesday that both Turkey and the United States had a sound will to boost commercial ties between them, Anadolu News Agency reported. Foreign Ministry Deputy Undersecretary Selim Yenel, who is currently in Washington, D.C. for the 6th meeting of the U.S.-Turkey Economic Partnership Commission (EPC), attended a reception hosted by American-Turkish Council and the U.S. Chamber of Commerce.
According to CEO Nuri Otay of Ford’s Turkish unit, the plant is aiming towards a 50% sales increase in the United States for 2011. The Turkey unit is one of the finalists in the competition to supply New York taxis. Ford Otomotiv Sanayi AS is already commercializing the Transit Connect van for use as service vehicles in cities like Boston, Chicago, Washington and Los Angeles, according to Otay. He added that the demand for the Transit Connect van will increase in 2011. The car is being produced at a plant located in Kocaeli, Turkey. 
The jewelry sector is one of the sectors with the greatest ambition to make its mark as a global brand. Representatives of the industry have declared their goal of becoming the global leader by reaching exports of $10 billion in 10 years. Turkish companies are known for their traditional way of doing business (store based) in the U.S., but one of them decided to set up a web based company. (http://www.mygoldgram.com) Çiğdem Bostan, Vice President & COO of Halach Gold Inc., a New York based gold buying and selling company, talked to TURKOFAMERICA. 
Robert Headley, Chief Operating Officer of Jewelers of America, says suppliers in Turkey who can help U.S. retailers to meet market challenges and changes will have the greatest success. “I would strongly encourage foreign companies who want to enter the jewelry industry here to do their homework. The best way to understand the U.S. market is to stay informed,” he added. Headley answered TURKOFAMERICA’s questions. 
The American Institute of Steel Construction (AISC), headquartered in Chicago, is a not-for-profit technical institute and trade association established in 1921 to serve the structural steel design community and construction industry in the United States. Current market share for structural steel in the non-residential marketplace is 59%, based on square footage of construction starts. 
