TEL AVIV (Aug. 30)
Israel’s young industry broke into a new world market, it was revealed today with the announcement that an Israel steel plant had secured orders for steel pipe valued at $2,500,000 from American oil companies. It is believed to be the largest single contract ever won in the United States by an Israel industrial firm.
The contracts were obtained by the Middle East Tube Company, of Acre, for delivery of 13,000 tons of electrically welded six-inch pipe. The orders were placed after a trial shipment of the Israel product was found to conform to American standard quality requirements and after the Zim-Israel Navigation Company had quoted competitive freight charges.
To comply with the contract conditions, the Acre firm has gone on a three-shift basis, working around the clock to produce the pipe on schedule. The first 500 tons of pipe will be unloaded at Houston. Tex., next week from the Zim freighter S.S. Dagan.
Solcoor, Inc., of New York, Israel sales organization operating in the United States, handled the transactions here.