NEW YORK (Jul. 14)
The food division of American Trade and Industrial Development with Israel, Inc. (ATID) reported today the completion of five major agreements for importation of Israeli food products into the United States and said a number of other deals were scheduled to be closed by the end of July. ATID is a trade and export-promotion body.
Katz-American Food Co. will import tomato products from Miloz, the Federation of Western Galilee Kibbutzim. The imports will include peeled plum tomatoes, tomato paste and tomato sauce and it is estimated that Americans will buy between $75,000 and $100,000 worth of Israeli vegetable products in 1968. The company will also import chilled grapefruit sections and the agreement is expected to produce exports for Israel of almost $1 million in the first year.
L. Fatatato, a large U.S. beer importer, will import 500,000 cases of Israeli beer from Cabeer Industries each year for the next five years. Froumine biscuits and crackers will be imported by A. Goldmark and Sons in a deal which should reach $100,000 in annual volume. ATID said. New agreements have been made with the World Cheese Co. and another cheese importer for Kfir cheeses of B’nai Brak. The volume in processed gouda cheese spread has already reached $40,000 in the first three months, it was reported. Pending are agreements for importing cheeses and specialty foods, olives, toilet goods, soaps and additional lines of crackers.