The product mainly consists of a rubber component and a metal component. It is now being manufactured at the IARC factory in series production and forms part of many famous car brands. The cooperation has had a great impact on the development of Bayrak. Mexico has become a new production site, and Bayrak is benefitting lastingly from the local resources and the expertise of its partner in Mexico. Furthermore, the extension of the range of products and the new partnership have contributed to the creation of 15 new jobs in Germany. The experienced engineer Mr Lüpkemann also emphasises the intercultural added value of the alliance. He said: “German culture is good in terms of the structure, and the flexibility and creativity of the Mexican culture also contributes to our success story.”
IARC: Cooperation, restructuring and growth
The programme and the successful partnership with Bayrak have significantly boosted the growth of IARC. Thanks to the new product, the firm has been able to extend its portfolio. The cooperation directly resulted in the creation of 20 new jobs. The turnover and the export share of IARC have increased, and the company was able to win new German partner firms. According to Ms Toxqui, this is also a result of the programme. She says: