Daylin Inc., an American retail firm with an annual turnover of about $500 million, will establish the Israel-American Investment and Development Co, here, it was announced yesterday by Amnon Barness, of Los Angeles. Mr. Barness, an Israeli-born American millionaire, said the new company would coordinate the activities of Daylin owned subsidiaries in Israel, some of which already exist and others that are planned. He said the enterprises range from tourism to the manufacture of plastics and helicopters. Among them are the Sharm el-Sheikh Holiday Village and the Blue Line Minibus Co., Dekel Plastics and a helicopter service. Mr. Barness said efforts should be made to get American investors interested in such projects. Robert Hall, Inc., a nationwide American firm specializing in inexpensive ready-to-wear men’s and women’s apparel, will import about $3 million worth of Israel-made clothing next year, the newspaper Davar reported today. Robert Hall already has purchased about $800,000 worth of Israeli clothing, mainly raincoats and swimsuits and is expected to reach a volume of $1 million by the end of the year, Davar said.
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