Peikko starts manufacturing activities in Turkey
Peikko Group’s team in Turkey, Peikko Yapı Malzemeleri Sanayi ve Ticaret A.S, has started the first steps of manufacturing in a newly established premises in the city of Izmit. Peikko has had its own Sales and Engineering team in Istanbul, Turkey, already since 2009. For the time being, Peikko operates in the premises of around 700 m². The first products to be manufactured are related to industrial flooring solutions, such as customized Terajoint floor joints. Once the operations are stabilized, the intent is to expand the product offering and scale of operations rapidly in the years to come.
“To be able to serve our Turkish customers and grow the business further in the environment of fluctuating currency exchange rates, increasing logistics costs, and the existence of customs duties, it is imperative to have a more local approach. I am happy now on our first steps, and at the same time proud that Peikko’s products are now also Made in Turkey,” comments Topi Paananen, CEO, Peikko Group Corporation.