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P.e.c. Plans Expansion of Israeli Resources-seeks Foreign Capital for Investment

February 21, 1949
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The company, Szold disclosed, has already reached an agreement with industrialists for the establishment of a new plastics factory in Israel, and plane to tuild new hotels on a large scale. The P.E.C. also intends to bring over its own engineers for carrying out these plans. The Corporation, which is one of the principal shareholders in the Dead Sea potash works, has already worked out plans for large-scale peace-time expansion in the potash industry.

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