U. S. industrialist Israel Rogosin announced here last night that he would double his $12,500, 000 investment in his rayon and nylon plant in Ashdod, Israel, over the next few years.
Mr. Rogosin, who was guest of honor at a dinner in his honor given by the Atlanta Jewish community, said that he was preparing a new issue of stock to be sold in this country against payment in U. S. dollars or State of Israel bonds and in Israel against payment in Israeli pounds. Pinhas Sapir, Israel Minister of Commerce and Industry greeted Mr. Rogosin on behalf of the Israel Government.
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