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Hema Endustri is a Turkish engineering company that manufactures components for the automative, construction, agriculture, aviation, and defense industries. It specializes in the manufacture of hydraulic units, engine components, and power trains (Company Website).
Reuters reported on September 16, 2010, that Hema is planning to sign a deal worth $262 million with Iranian car manufacturer Iran Khodro. The deal calls for joint manufacturing of automative components in a free-trade zone near Iran's Turkish border.