Dr. Joseph J. Schwartz, vice president of the Israel Bond Organization, today received a cable from Israel’s Finance Minister Levi Eshkol, informing him that the cornerstone for the first textile plant in the heart of the Negev was laid this week at Dimona, 25 miles southeast of Beersheba.
Mr. Eshkol stated in his cable that the plant will represent an investment of $13, 200, 000, seventy-five percent of which is expected to be supplied through the sale of Israel bonds. The plant will be completed within three years. Nearly all residents of Dimona originally came from Tunis and Morocco.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
