Sixteen rayon plants employing 500 workers closed down for a week today in protest against increased taxes and customs duties on imported rayon yarn.
The owners of the 16 plants have been carrying on a running fight with the government since last August when both the duty and a special purchase tax on rayon yarn was increased. The owners have let the imported stocks pile up in the port of Haifa since then.
After that the factory closure was announced today, a special government committee headed by Peretz Naphtali, Minister without portfolio, was formed to deal with the striking manufacturers.
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