Saf Holland to produce in Turkey

German axle producer Saf Holland is openning a factory in Duzce. The factory to be opened on March 28, is built on a 13,000 square meters of land, with 10,000 of it indoors, the daily Dunya reported. Headquartered in Germany, Saf Holland has some 3,000 employees around the globe and a turnover exceeding 1 billion euros. The company entered the Turkish market with an office in Istanbul in 2011. This office has now been moved to Duzce. Saf Holland Turkey General Manager Bilal Azizoglu said a total of 15 million euros has been invested in the factory, which may create jobs for some 150 people. According to Azizoglu, Saf Holland has agreements with many different trailer producers in Turkey, including the Tirsan, Serin, Koluman, Otokar and Krone companies. Stressing that they aim to make Turkey a regional hub in axle production, Azizoglu said Turkey will export axles to the Middle East, Africa, Russia. Central Europe is also among export plans.