One of Turkey's oldest and biggest plastic wood and PVC window producers, PİMAŞ, decided to halt production in its Gebze plant, according to the company statement.
“According to a board meeting on April 3, 2015, the company decided to close all production from its plant in Turkey's western city of Gebze,” Pimaş said in a statement released on Monday.
The statement also read that the governing body of the company took this decision because of gradually decreasing company profits in recent years.
The plant will be completely closed, including production and logistic activities, on March 31.
PIMAŞ, one of the oldest and largest plastic wood and PVC windows producers in Turkey, was founded in 1963 and became a world-famous brand in the PVC and construction sector.