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U.S. Will-Burt`s Crucial Investment in Turkey!

Issue 97

Accepted today as one of the world’s largest suppliers of mobile telescopic masts and lighting systems and coming to the fore with US$ 65 million worth of drone purchases from Turkey recently, the U.S based company Will-Burt entered into a partnership with the Turkish company Molekulas, providing advanced engineering services primarily to the defence industry, developing and producing critical subsystems, and in consequence Masttech joint venture company was founded. 55% of Masttech's shares belong to Molekulas, 40% to Will-Burt Turkey and 5% to Orbis. Masttech will develop and manufacture mobile and fixed telescopic masts (MAST Systems), lighting and dimming systems and elevation platforms (semi-trailer, positioners, etc.) in Turkey.

The factory, which was recently launched at Ankara Sincan Organized Industrial Zone, is planned to be the production, maintenance, repair and logistics center of Will-Burt's sales outside the U.S. Now, the design and testing processes of prototype products are being carried out at the factory, which was launched with an investment of US$ 2 million at the first stage. According to the information we have obtained, the first export production will start at the factory in January 2020. In addition to the production of Will-Burt products apart from the United States, Masttech also has design, manufacturing and integration capabilities. The company currently has 8 different products of its own design.  On one hand Masttech will be able to realize the cost-effective production of their products in the Will-Burt portfolio in Turkey, and on the other hand design, develop, manufacture and integrate its own indigenous products according to customer requirements. The company will also provide maintenance, repair and logistics support to its customers for the products.

Underlining that the engineering and manufacturing infrastructure in Turkey is exceptionally suitable and cost-effective for their technology, executive officials of the company said the design of their new-generation systems will also be made in Turkey. All products will be produced in the newly established factory at Ankara Sincan Organized Industrial Zone and 95% domestic participation is aimed in the production process by utilizing the domestic subindustry. This partnership is also expected to provide significant opportunities to Turkey in areas of technology transfer, export revenue and the owning of such products at low-cost.

The company has other investment plans for the establishment of logistics, maintenance and repair facilities in Europe and the Middle East in the upcoming period.

About Will-Burt

Headquartered in Orrville, Ohio, USA, Will-Burt, a world leader in mobile elevators (telescopic masts), towers, pan-tilts (allowing movement in both directions) and positioners, announced the establishment of Will-Burt Turkey in April 2019 in Ankara, Turkey.

As a 100% employee-owned company founded in 1918, it offers any kinds of payload elevation and integration solution from the top brands; Will-Burt, GEROH, Integrated Tower Solutions (ITS) and MAD – for defence, government, first responders, cellular, broadcast, energy production and other markets. Will-Burt also offers contract manufacturing, metal fabrication, powder-coating, and rapid prototyping services.