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Industries (22)

"Textiles, apparel, gold, marble and steel are the leading export goods from Turkey into the U.S. Key members of these industries told Turk of America about the competitive environment. Where does the Turkish-American trade stand today, and what are our competitors doing?"

Chobani CEO Hamdi Ulukaya Considers Going Public

by  Lillie Apostolos - In an industry that is constantly seeing quick movements and strategic approaches to business handlings, it appears that we could be seeing a change in Chobani in the future after the company’s Founder and CEO Hamdi Ulukaya sat down in discussion with Recode. The businessman shared that he isn’t against taking the yogurt company public, but has no interest in selling it off to a food conglomerate. “What happens is all these little brands, these good brands, as they grow, because of the financial structure, 99 percent of them become part of larger organizations,” he said while speaking at Code Commerce conference in New York City. “When they become part of a larger organization, it’s the end of their promise.”

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Turkey to Open Anti-dumping Probes into U.S. Companies: Minister

ISTANBUL (Reuters) - Turkey will open anti-dumping investigations into U.S. companies in the wake of new U.S. import tariffs on steel and aluminum, Economy Minister Nihat Zeybekci was cited as saying by the private Dogan news agency.  “However the USA looks at our products, we will look at their products in the same way. We will launch important processes within a few days,” Zeybekci was quoted as telling reporters in the town of Denizli on Thursday.

Metal Yapı in American Market

Turkey’s Metal Yapı, the firm that has run many prestigious projects in different countries of the world, such as the Qatar National Convention Center, Esenboğa Airport of Ankara, Hotel Chandebyl of Turkmenistan, London’s luxurious residential project of Shoreditch, Hotel de Police of Paris, and the headquarters of French newspaper Le Monde, has now been on a search for a new project in the American market. Also having been handling the exterior construction of several commercial and residential buildings in Turkey, the Metal Yapı entered the American market in 2013 by selling materials. Its executives have now decided to remain in this market. And, as someone with 22 years of experience in the firm, Zuhal Özgül has taken the role to run the operations of the firm in the USA.

Young, Ambitious, Idealistic and Now Developers

One of the other young Turkish entraprenaurs who have specialized in investments in real estate property is Can Tavşanoğlu,  one of the founding partners of Caldera Real Estate Ventures (CREV).  CREV was co-founded by Can Tavşanoğlu in New York in May of 2017. A business person who have handled real estate development projects worth of $1.5bn and had experience in creating an institutional investment fund of $3bn, Tavşanoğlu is also a graduate of Columbia University’s graduate program of Real Estate Investment and Development. Promising investors optimum profit in short and long term with its creative partnership agreements and expert techniques of project development, Caldera works on exciting residential and commercial projects in New York and Miami.

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Trendspotters’ Predictions for the top 10 Food Trends of 2018

Food & Beverage industry is always on the look out for new trends and one of the best sources for this kind of trend spotting is Specialty Food Association shows and publications. I am personally a fan of Middle Eastern food so it was fun to see that it made the list. Every year Specialty Food Associations panel "TRENDSPOTERS" pick top trends in USA. Here is the list and info regarding upcoming trends that we will experience.

Turkey Files WTO Complaint Against U.S.

The decision of the U.S. authorities to introduce anti-dumping measures against the steel of Turkish production caused discontent of Ankara, which appealed to the World Trade Organization with a complaint against Washington. Turkish Economy Minister Nihat Zeybekci named the anti-dumping investigation and introduction of additional tariffs on Turkish steel exports to the U.S. as unjustified. Zeybekci stated the unacceptability of the position of the American authorities, Anadolu news agency reported.

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Turkish Exports to the US Boosted amid European Stagnation

Image Turkish exports to the U.S. have skyrocketed over the past five years, reaching an astounding $6.3 billion in 2014, a data sheet compiled by the Turkish Statistical Institute revealed last Friday. Turkey's exports to the U.S. increased over 12 percent in 2014, making it the sixth biggest purchaser of Turkish goods last year.

Chobani Ranks No. 117 on the 2012 Inc. 500|5000

Image Inc. magazine today ranked Chobani No. 117 on their annual Inc. 500|5000 list, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at an integral segment of the economy—America’s independent entrepreneurs. This is the first year that Chobani has been recognized on this list as they join other prominent companies like Yelp, Giftcards.com, KIND, and famed hatmaker Tilly’s.

Buzz Surrounds Relocation of Coke's Secret Formula

Image The brand-brandishing companies behind these secrets all know this. But perhaps none better than Coca-Cola, which on Thursday was all over Facebook, Twitter and YouTube to announce that it was physically moving its secret formula from a SunTrust Bank vault in Atlanta to a vault in a new exhibit at Coke's World of Coca-Cola tourist attraction in downtown Atlanta.

"The whole point of a trade secret is that you know something that no one else does," says Ted Ryan, archivist at Coca-Cola.
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