Zorlu Targets $1 Billion in Sales
What happens when China joins the WTO in 2005 and the quota system in the U.S.A. goes out the window? asked Burak Abdullahoglu, president of Zorlu USA. Zorlu has made an investment in a U.S. branch to further penetrate the textiles market but… Read more.September 20, 2000
Oz-Is Improves Delivery
The Turkish lira has dropped by 50 percent in each of the last three years, said Ozer Ozbarut, partner with his brother Onder in Oz-Is, a trimming producer. "Life is very difficult in Turkey. We're paying off loans today with 20-25 percent interest… Read more.September 20, 2000
Ulusoy Fantasy Curtains
Ulusoy Tekstil A.S., in the Yenibosna district of Istanbul, is a three-year-old fantasy curtain producer, which exports most of its production. Ulusoy Commercial Investments Holding Inc., the parent company is 63 years old and made a $63 million… Read more.September 20, 2000
Aydin Tekstil: Major Upholstery Player
Ali Aydin, following in the footsteps of his father whose untimely passing a few years ago is still taken very hard, is transforming Aydin into a major upholstery producer with a production of one million meters a month. The company will add… Read more.September 20, 2000
Tanriverdi, Maker of Verdi(r) Brand
Tanriverdi, the 30-year-old embroidered panel specialist in Catalca, Istanbul, expects to have better year in 2000 than it did in 1999. "Year 2000 is firming up, but 1999 was not a good year due to the crisis in Asia and Brazil," said Umit… Read more.September 20, 2000
Küçükçalik Grows 40 Percent
General manager Yilmaz Küçükçalik pointed to record growth in the first quarter of 2000 with export sales of $16 million and an expectation of $65 million for the year. The newlywed is producing 4.5 million yards of window fabrics… Read more.September 20, 2000
Özel Family Enters Textiles
Just 18 months ago, Soler Özel established a new textile factory in Izmir under the Gocay banner near the airport. The company is expecting $20 million in sales in 2000 and $60 million by 2005. The company handles knits and woven goods… Read more.September 20, 2000