A plant for the manufacture of woolen products will be built in Kiryat Gat, 20 miles north of Beersheba by Israel Pollock, a Chilean industrialist, and president of the Zionist Organization in that country, it was reported here today.
The plant, which will cost 9,000,000 Israel pounds ($5,000,000) to build, will initially produce woolen yarns and will eventually have facilities for weaving and finishing a variety of garments. The factory, which will employ some 250 workers, is expected to export $2,000,000 worth of goods annually, about one-third of its anticipated production.
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.