TEI Acquires 51% Shares of Gür Metal

Issue 89 - January 2019

TEI - TUSAŞ Motor Sanayii A.Ş. has signed a strategic partnership aimed to reduce Turkey’s foreign dependency and acquired a 51% share in the company Gür Metal Hassas Döküm San. ve Tic. A.Ş. (Gür Metal).

TEI and Gür Metal were working together on the Project  to Develop the Titanium Precision Casting Process Used in Metal Aviation (İNCİ) and the Project on the Development of Nickel Super-alloy Materials and Production Processes Used in Aviation (KRİSTAL), supported by the Presidency of Defense Industries

Gür Metal is the domestic supplier for the casting of titanium parts that can be used in the TS1400 Turboshaft Engine and other national engine projects carried out by TEI and, at the same time, it is the only supplier in Turkey together with TÜBİTAK-MAM for the casting of turbine blades of such engine projects with monocrystalline and directional solidification, as well as for the polycrystalline casting by using the nickel-based super-alloys of large-scale turbine parts. With the acquisition of 51% of shares in Gür Metal, which has vacuum precision casting technology for the production of critical engine parts, TEI has taken advantage of domestically producing and supplying the precision cast engine parts that it needs.