Menu JTA Search

Israel to Seek Contracts from Industrial Firms in Europe and U.S.

A joint committee of the Government, private industry and the Histadrut, Israel’s labor federation, to coordinate contacts of Israeli enterprises with industries in Europe and the United States for production of industrial parts here on a subcontract basis, was announced here today.

The committee will maintain contact with foreign firms, examine the ability of Israeli plants to meet their needs and then determine the most suitable connection. The committee also will concentrate all orders and distribute them among Israeli firms. Many large industries abroad were reported suffering from skilled manpower shortages and ready to turn over some orders to subcontractors.

Two Israeli firms were reported today to have sold $500,000 worth of aluminum pipes and irrigation accessories to two East European countries. They also were competing to obtain contracts with seven European countries, it was reported.