Karsan Hails Detroit for Taxi Partnership
Turkish carmaker Karsan, one of three finalists in the city's "Taxi of Tomorrow" competition, plans to partner with an American automaker to build the powertrain for the vehicle that it hopes will be the next New York City cab, a source familiar with the company's plans says. The competition to custom-build an iconic taxi to replace the various models on the road today is coming into the home stretch, and Karsan hopes that a partnership with an American automaker like General Motors or Chrysler could allay concerns that it lacks U.S. manufacturing experience. The Taxi and Limousine Commission expects to announce a winner soon. Commissioner David Yassky has said that if none of the models measure up, the city could decide to postpone awarding the exclusive 10-year contract.
- Published in How to Invest in the U.S.
- Written by Admin TOA
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. 
