Ground was broken this evening for a $20, 000, 000 rayon producing plant at Ashdot Yam, site of Israel’s next deepwater port on the Mediterranean Sea. The plant, to be located about 10 miles north of Askelon, is being financed partly by Israel Rogosin, American Jewish industrialist, and the Israel Government.
The plant will be erected in two stages. After the first is ready, production will begin with rayon thread from abroad and some nine million pounds of raw rayon for use in tires and firehouse will be made annually. Three years after the first stage begins operation, the plant will have been expanded and equipped to make rayon thread from raw materials some of which will be produced in Israel and some imported. Its product will eventually be used in textiles for clothing, carpeting, upholstery and draperies.
JTA has documented Jewish history in real-time for over a century. Keep our journalism strong by joining us in supporting independent, award-winning reporting.
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.
