The cornerstone was placed today in the settlement of Beth Shemesh for a multimillion dollar plant to construct jet aircraft engines. The plant is the joint venture of Josef Schidlowski, head of SNMCA, the largest aircraft engine builder in France, and the State of Israel and has an initial capitalization of $3,000,000. The new plant will not only meet all of Israel’s jet engine requirements but produce for the export market. It will employ about 500 workers.
The Schidlowski firm builds turbo-jet engines for many types of aircraft including the French Fouga Magister, one of the planes with which the Israel Air Force is equipped. Mr. Schidlowski came here from Paris for the dedication ceremonies which were also attended by Government representatives.
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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.