JERUSALEM (Jun. 20)
An agreement by which Britain’s Leyland Corporation will build, in cooperation with Israeli investors, a truck assembly plant at Ashdod, was signed here today by Yitzhak Ben-Aharon, Minister of Transport; Pinhas Sapir, Minister of Commerce and Industry; and Charles Baker, Leyland’s general sales manager.
Under the agreement, the British firm will provide part of the capital as well as technical skills and parts for local production. It will also make its sales network in 90 countries available for the sale of Israel-assembled vehicles.