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A Fifth Plant for Maxion İnci Wheels

A Fifth Plant for Maxion İnci Wheels

The Maxion İnci Wheel Group, a joint venture between İnci Holding and the world’s largest wheel manufacturer Maxion Wheels, breaks ground on its latest factory. Maxion İnci will thus have commissioned a fifth facility once it becomes operational upon completion planned for 2020. This new investment is expected to contribute significantly to the growth of exports and employment in the region.

04 June 2019

The Maxion İnci Wheel Group, the only European wheel manufacturer with the widest product range in one location, broke ground on its new wheel factory in Manisa. This fifth facility of the Maxion İnci Wheel Group will cover an area of 21,000 square metres. Intended to contribute to regional employment through this new investment, the plant will serve as an administrative building in addition to production and storage. Also aimed at increasing the Group’s wheel production capacity and product range, the factory is scheduled to go into operation in 2020.

Mustafa Zaim: ‘We represent our country in the global automotive industry successfully. Our power and impact in the global markets expand continuously.’

Speaking at the groundbreaking ceremony, Chairman of the Board of Maxion İnci and Maxion Jantaş Mustafa Zaim said, ‘The Maxion İnci Wheel Group, one of the largest wheel manufacturing facilities in Europe, exports to over 60 countries spanning five continents; this accounts for 80% of our turnover. Our wheels spin in over 60 countries, a picture that gives us just cause for pride. Confident and proud of having concluded yet another successful year, we remain firmly on this course of growth as the leader in our sector. Today, the Maxion İnci Wheel Group undertakes a new and a very important investment for us at a critical time.’

Zaim added, ‘Our partnership is further reinforced with the investment in this fifth factory, whose groundbreaking ceremony we hold today. I am fully convinced that we will add new achievements to our existing ones after our new factory becomes operational.

‘We invest and will continue to do so, bolstered by the power we derive from our products sent to the entire world, and from our partners Maxion Wheels and İnci Holding, as well as the trust we have in our country. We will make a difference with determined ventures into innovation and Industry 4.0. As we maintain our successful financial and operational performance, we will contribute significantly to the employment rates in Turkey through new investments and growing capacity utilisation rates. Our capacity to generate further added value for Turkey through a growth in exports is further cause for satisfaction. This investment is the proof of our faith in all our effort, Turkey and its people. I hope this latest investment will prove to benefit all our stakeholders and our country in particular.’