THE JOURNEY TO SUCCESS; CORRECT OPERATIONS MANAGEMENT and INVESTMENTS
The year 2023, in which we struggled with many changes and challenges in our country and in the world, was the year in which we worked on keeping up with these changes and developing solutions to their problems.
The most important development of 2023 for us will be to reach our new factory, which is our dream and our future. We are counting the days for this. Our new factory is in a critical position for our company, our region, our suppliers and the sector we serve. The expectations of all our stakeholders from us are at a very high level. We continue to work with all our strength to meet this expectation.
We started the process of moving to our new factory at the end of 2022, and we are currently working intensively. Due to the high technology and large size of our looms, we have to be as precise and planned as possible in the process of moving to this huge area, which is the size of 14 football fields. In this process, while moving our existing machines, we have also completed the installation of 5 CNC machines and 1 CMM three-dimensional measuring device, which we have recently invested in, and added them to our production capacity. According to our current plan, we anticipate that our relocation process will be completed by the end of 2023.
The most challenging consequence of 2023 for us is that we have to move to a new factory while at the same time producing and growing. But as we have been preparing for this for years, we will easily overcome this challenge. Thanks to the detailed work of our planning, production and shipment teams and the fast support they provide, we are progressing in line with our timeline so far.
We are not slowing down in investments. In line with our growth strategy, the processes of our machine tools, for which we have made investment agreements and which will be commissioned in the second half of 2023, are continuing. These investments will continue regularly for the next 3 years, adding to our strength and multiplying our production capacity.
While making all these investments, our primary goal is to maintain our healthy balance sheet structure. We will continue to strengthen our profitability this year by keeping our operating expenses under control.
In the second half of 2023, we will continue to stand by research and technology. In these days when it is difficult to imagine tomorrow, we will continue to respond to all rapidly changing customer needs with our fast and dynamic R&D power. In line with this strategy, we are taking steps to establish our Innovation Center. In this center, where we will have 2,000 m2 of offices, laboratories and 1,520 m2 of workspace and test areas for 220 people; we aim to increase our level of knowledge and competencies in different application areas, to develop innovative solutions that will serve customer needs, to examine machine performance data that our customers can test on a pilot scale with their own products, and to create the customer experience of machine use. In addition to these, we will also provide opportunities for academic and non-academic researchers outside our company to conduct their studies and experiments. In this way, we will also involve our external stakeholders in our developments. We will also contribute to their projects.
I would like to extend my sincere thanks and respect to our Board of Directors for always supporting us in these difficult days of constant change, to my teammates who work devotedly, to our business partners with whom we join forces, and to our customers who prefer our brands.
İbrahim AKMAN
General Manager - Operation
