One hundred and fifteen manufacturing establishments have been founded recently in Palestine, and over half are of German Jewish origin, it is revealed in a survey of new industrial undertakings established in Palestine from January 1, 1934, to July 31, 1934.
This survey was undertaken by the American Economic Committee for Palestine through its Central Bureau of Industrial and Agricultural Information, conducted on behalf of the most important economic institutions of the Yishub.
Only 103 of the 115 new firms complied with the American Economic Committee’s request for information about the country of origin of the founders. Sixty-two of these 103 firms, or sixty per cent, were of German origin. The survey further showed that the eighty firms which replied to the inquiry about their capital investments had invested by August 1 a total of Â£171,495 and that of these eighty firms, forty-four were of German origin and had invested Â£69,675. Of the eighty-eight firms which replied to the inquiry about the number of workers employed, forty-three were German and were employing 302 hands early in August.
Classification of industries in which firms recently have been established, including the total number of these new concerns and the number in each group which are of German origin, follows:
Two concerns German in origin of a total of three new companies in the automobiles and garage business; four of eight in building materials; four of four in wearing apparel; nine of twelve in chemicals; six of nine in printing, paper and office supplies; two of four in electrical goods; two of two in paints; one of four in leather and tanneries; none of five in glass, mirrors and ceramics; three of fourteen in wood; three of three in medical goods; nine of seventeen in metals and metal goods; six of thirteen in foodstuffs and beverages; three of three in upholstery and mattresses; two of two in tobacco; two of four in textiles; none of two in ice manufacture; two of two in wicker-work; one of one in steam laundries, and one of three in miscellaneous.