Ford Otosan to build third plant in Turkey
ISTANBUL- Hürriyet Daily NewsFord Otosan is preparing to build its third plant in the Kocaeli region of Turkey. The plant, which will be situated next to the company’s current facilities in Gölcük, will have the capacity to produce 110,000 light commercial vehicles accordingly to daily Milliyet.
With this new addition, Ford Otosan will have three factories in Turkey and is expected to increase its total production capacity to 445,000 vehicles. Ford Otosan’s General Manager Nuri Otay said the new plant will only focus on small light commercial vehicle production.
Construction is expected to begin this year and will be spread out over a three-year period. The company has invested approximately $260 million in this third plant, according to Otay. The production will begin in 2013, he said.