The American Israel Investors Corporation invested $5,000,000 in Israeli enterprises last year and the figure is expected to rise to $10,000,000 by the end of this year, Sam Rothberg, president of the corporation reported here today. He announced that a dividend will be paid for the first time to the corporation’s 1,200 shareholders at an estimated five percent.
The firm’s largest investment is in Fertilizers and Chemicals, Ltd., of Haifa. The Corporation has also put money into the Haifa-Eilat pipeline, the Israel Industrial Bank, El Al-Israel National Airlines, the Bromine works, the Dead Sea Works, Ltd. Bank Leumi, the Electric Corporation, Negev Phosphates, and various shipyards and tankers.
Help ensure Jewish news remains accessible to all. Your donation to the Jewish Telegraphic Agency powers the trusted journalism that has connected Jewish communities worldwide for more than 100 years. With your help, JTA can continue to deliver vital news and insights. Donate today.
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.
