Ankara Agreement signed in 1963 established institutional relations. Customs Union established in 1995, eliminating trade barriers. Turkey aligned with EU's acquis communautaire in various areas
Manufacturing's GDP share increased to 22.2% in 2022. 39% of manufacturing exports are medium-tech, aiming for 44% by 2023. Industry 4.0 investment expected to reach $1-1.5 billion annually
KSB is a German multinational pump and valve manufacturer based in Frankenthal. Company operates on every continent except Antarctica. Centrifugal pumps account for around two thirds of sales revenue
Founded in 1913 by Charles Swigert as electric steel foundry company. Initially supplied cast steel products for Pacific Northwest industries. Survived Great Depression as jobbing foundry for sawmills and pulp mills. Opened first stainless steel service center in 1932