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Israel to Produce Champagne; Local and Foreign Investors to Erect Plant in Nathanya

March 23, 1950
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A group of local and foreign investors today signed an agreement for the erection of a champagne-producing plant in the township of Nathanya.

The sum of $300,000 will be invested during the initial stages of the operation. Israel-produced champagne will be earmarked chiefly for export.

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