Standard Profil is second biggest producer in Europe in its own area with over 20 percent market share, targeting to succeed in the American region via Standard Profil Mexico which is a key part of globalization process in the production
International Turkish Company Standard Profil has inaugurated its tenth factory in Mexico with the investment worth $36 million. Aiming to boost its existence in the American market with this investment Turhan Semizer, CEO of Standard Profil, said, “Our market share in Europe is over 20 percent we want to transfer our success to North American market.” Making sealing systems in the automotive supplier industry, Standard Profil maintains its globalization strategy with its tenth factory opened in Mexico. Having opened in order to benefit from competitiveness advantage stems from being close to customers, the factory will be serving to North America which is regarded heart of automotive.
Stating SP Mexico had been completed in 9 months with the investment worth $36 million, Turhan Semizer, CEO of Standard Profil, “The adventure of Standard Profil began nearly 40 years ago in Turkey. With the last investment in Mexico producing in 7 countries across 7 the continents, Standard Profil is second biggest producer in Europe in its own area with over 20 percent market share. Our target is to carry our success to American region via Standard Profil Mexico which is a key part of globalization process in the production.” Noting they would get a more competitive position with power and advantage which ensured by Standard Profil Mexico, Semizer continued, “Being equipped with the state-of the-art technology our Mexico factory has begun production for Volkswagen and Audi brands. It will continue to grow with new customers and projects.” Highlighting Mexico was a strategic production base for the automotive giants run in North America such as GM, Honda, Toyota, Semizer concluded, “With its experience approaches for 40 years, production quality and R & D Standard Profil will become more advantageous condition than its rivals in the region in a short time.
Standard Profil
Establish in 1977 Standard Profil as the leading supplier of automotive sealing systems and business partner of choice in terms of quality, service, technology and price. Standard Profil has achieved automotive sealing systems across the World. Headquartered in Istanbul with three plants with in Duzce and Manisa, Standard Profil operates in Spain, Morroco, China, South Africa, Bulgaria and Mexico.