Orta Anadolu Closes Kayseri Facility After 73 Years of Operations
Turkish textile company Orta Anadolu has announced the closure of its Kayseri facility, which operated for over seven decades. The decision follows a challenging business environment marked by declining global demand and rising costs. Production at the factory will cease entirely by October 12 after an immediate suspension on September 11. Established in 1953, Orta Anadolu has long supplied high-quality denim to international brands since 1986. The company described the closure as 'extremely difficult' despite efforts like cost reductions and operational restructuring. It expressed gratitude toward employees, customers, suppliers, and financial institutions while pledging responsible fulfillment of commercial obligations. The firm did not disclose how many workers will be affected but has over 1,500 employees listed on its LinkedIn page.
Topics: Denim Manufacturing Global Demand Supply Chain Disruptions Textile Industry